The Future of Resilience Finance Lies in Public Finance 101

As natural disasters grow in size and frequency, the financial burden on state and local governments continues to rise. In the past decade alone, the U.S. has faced over 300 climate-related disasters, causing more than $2.2 trillion in damages. For municipalities, these disasters are not just environmental crises—they are financial crises. Chronic flooding, hurricanes, and wildfires are costing cities and states billions of dollars, threatening essential infrastructure and straining budgets.

The rising cost of insurance adds to the urgency of this issue. Local governments in many areas face significant economic and tax revenue risks from mounting weather-related costs and adaptation expenditures. According to Moody’s research and Bankrate, in 10 U.S. states, household property insurance premiums exceed 5% of median household income, while 25 states are at or above 3%. Without proactive financing of resilience, these rising insurance costs could negatively impact local credit ratings and hinder communities' ability to recover and adapt.

This webinar brings together three leading voices in public finance—William Fazoili, Sarah Frey, and Hector Negroni—to explore innovative financing solutions to these resilience challenges. Grounded in the well-established framework of public finance in the U.S., our experts will discuss the vital role of municipal bonds, state bond banks, and independent advisory services in funding resilience efforts. They will share real-world examples, from Rhode Island’s approach to chronic flooding to Norfolk, Virginia's nearly $1 billion resilience strategy, offering insights into how these strategies can be applied across the country.

Join us for an engaging conversation where we break down the complexities of resilience finance into accessible solutions for public finance experts, civic-minded individuals, and anyone interested in the future of resilient communities. This is where the future of resilience finance begins—through public finance 101. This work was made possible in large part by funding from The Resilience Company.

Don’t miss this opportunity to learn how we can finance resilience in the face of growing climate risks and insurance pressures.

Who Will Benefit: Budget Manager, CFO/Finance Director, Debt Manager

• Gain insights into how the increasing size and frequency of natural disasters are straining state and local government budgets leading to higher insurance costs and potential credit rating risks.
• Learn about the role of municipal bonds, state bond banks, and independent advisory services in financing resilience
• Identify key strategies for leveraging public finance tools to mitigate climate risks