How Climate Resilience Funding Can Be Enhanced Through Policy
“How can climate resilience funding be made stronger with the proper policy?”
Funding is a vital part of establishing climate resilience. However, if there are not that many proper mechanisms for it, then it can all fall apart. To prevent this, proper policy-making can codify how funding is raised for climate resilience projects and for whom it goes to. An example of this is California’s SB 30 bill by Ricardo Lara, which requires the Insurance Commissioner to convene a working group to assess new and innovative investments in natural infrastructure and insurance products in light of California’s worsening fire vulnerability due to climate change. How Climate Resilience Funding Can Be Enhanced Through Policy.