Funding & Incentives
- Category: Funding & Incentives
16 May 2013
- Published on Thursday, 16 May 2013 08:46
- Hits (2017)
The Rockefeller Foundation is celebrating their centennial anniversary by establishing a $100 million fund to boost urban resilience in cities around the world.
Through the Rockefeller’s 100 Resilient Cities Centennial Challenge, 100 cities across the globe will be selected to receive technical support and resources to develop and implement plans for urban resilience. This will help cities leverage billions of additional dollars in infrastructure financing.
“One-hundred years ago today, The Rockefeller Foundation opened its doors with the mission to promote the well-being of humanity throughout the world. Today, that well-being increasingly depends on our ability to prepare for, withstand and emerge stronger from the shocks and stresses of our modern world,” said Rockefeller Foundation President Dr. Judith Rodin.
With 90 percent of urban areas worldwide located on coastlines, they are highly susceptible to some of the devastating impacts of climate change, such as rising sea levels and strong coastal storms, according to C40 network of megacities.
Rapid urbanization has also exposed cities to urban sprawl, traffic congestion, informal settlements, pollution and exploitation of resources, resulting to significant contributions to climate change.
“As natural and man-made shocks and stresses grow in frequency, impact and scale, with the ability to ripple across systems and geographies, cities are largely unprepared to respond to, withstand, and bounce back from disasters,” said the Rockefeller Foundation.
Half of the world’s population now lives in cities, and it is expected to grow up to 60 percent by 2030 and 75 percent by 2050 (see related story).
To this end, Dr. Rodin said cities are mission critical to building resilience as more people moves in metro regions than ever before, including those vulnerable people who have fewer means to cope with disasters and who take longer to recover, disrupting livelihoods and increasing inequality.
The Rockefeller Foundation encourages cities across the globe to join the 100 Resilient Cities Centennial Challenge.
Applicants, which can be city government officials or major institutions within a city, will have to submit a clear description of how their city is intends to establish greater resilience at city-scale in a way that also addresses the needs of the poor or vulnerable.
Winners will be announced in three rounds over the next three years, with the final round of winners unveiled in 2015.
Each winning city will receive support in three forms, including membership in the 100 resilient cities network, which will provide assistance to member cities and share new knowledge and resilience best practices; hiring of a chief resilience officer who will oversee the development of a resilience plan for the city; and creation of a resilience plan along with tools and resources for implementation.
To find out more about the 100 Resilient Cities Centennial Challenge, visit www.100resilientcities.org. – EcoSeed Staff