A first-of-a-kind approach to building resilience of coastal communities unveiled to coincide with UNGA and Climate Week 2024
- Approach combines Nature-based Solutions with critical Infrastructure
- Deploys private and public capital to build coastal resilience
New York, NY – Thursday, September 19, 2024 – Resilienture (“RESI”), a leading private sector-led infrastructure, project management and impact investing firm, is calling for a more holistic and capital-led approach to tackling the threat of climate in coastal communities.
The “Resilient Shores Infrastructure 360 (Reshore360) White Paper is unveiled to coincide with the United Nations General Assembly (UNGA) and Climate Week, the largest annual gathering of its kind, a fitting stage for discussing innovative solutions to global challenges.
Reshore360 presents a comprehensive blueprint for protecting at-risk populations living in coastal regions and islands. As climate change continues to intensify, the need for resilient infrastructure that can withstand natural disasters has never been more critical. Via Reshore360, RESI is unveiling a first-of-its-kind initiative aimed at hurricane-proofing coastal communities via holistic, leading-edge, sustainable infrastructure project deployment through blended-finance solutions.
“We are thrilled to present this pioneering work during UNGA 2024,” said Ramón ‘Quique’ Riancho, Co-Founder of Resilienture. “The Reshore360 white paper offers an initial blueprint for a scalable model that combines innovative, science-based engineering, nature-based solutions, and resilient critical infrastructure such as water, energy and food security, all underpinned by our unique blended finance approach. This is a significant step forward in our mission to safeguard coastal populations and foster sustainable development.”
RESI is set to mobilize global efforts in coastal resilience by leveraging the expertise of its teams and partners to drive nature-based solutions (NbS) as foundational economic drivers that protect critical infrastructure and coastal communities. Through its pioneering Reshore360 methodology, an open-source and scalable framework, RESI offers a practical blueprint for sustainable shoreline protection projects worldwide, targeting over 680 million people living in coastal zones, including 65 million in Small Island Developing States (SIDS).
Immediate investment of USD$800 – USD$850 billion annually is required to address biodiversity loss and safeguard critical infrastructure. The cost of inaction, over the next five years, could exceed USD$10 – USD$15 trillion, alongside catastrophic environmental and social impacts. Addressing this issue now is essential for ensuring global stability, economic prosperity, and environmental sustainability.
The Reshore360 white paper outlines the vision, mission and objectives of RESI in developing and launching Reshore360, emphasising the critical need for a multifaceted approach to coastal resilience. Key components include the deployment of artificial, science-based, nature-enhancing reefs, mangroves, ecological dikes, and resilient coastal development, all designed to create a layered defense system for coastal zones and critical infrastructure against the growing threats of climate change.
RESI’s commitment to blended finance is central to the success of this initiative. By integrating public and private investments as a key element of Reshore360, RESI aims to demonstrate that it is possible to protect vulnerable communities while delivering sustainable, impact-driven, net-positive, economic returns.
As part of RESI’s ongoing efforts to drive positive social and environmental impact, the white paper also introduces a detailed financial model for reshoring infrastructure, which will be initially piloted in the Caribbean. This pilot project will serve as a proof of concept, with the potential for global application.
“We believe at RESI, that Reshore360 will set a new standard for coastal resilience,” added Florian Kemmerich, Co-Founder of Resilienture. “Our approach goes beyond immediate disaster response – it is about building lasting, adaptable solutions that ensure coastal communities can not only survive but thrive.”
In expanding its global footprint, RESI remains committed to fostering partnerships that amplify impact and contribute to a more resilient world.
ENDS
Notes for editors
- For a copy of the Reshore360 White paper upon which RESI’s presentation during UNGA and Climate Week is based, please see but FYI make sure you have the https://resilienture.com/wp-content/uploads/2024/09/Resilienture-Whitepaper.pdf
- For more information about RESI and Reshore360, please visit https://resilienture.com/
- Or please contact us by emailing information@resilienture.com
Media Contacts
Rishi Bhattacharya, Co-Founder, Resilienture
Rishi@impactandinfluence.global
Chris@impactandinfluence.global
About Resilienture
Resilienture is a pioneering infrastructure, project management and impact investing firm focused on safeguarding livelihoods and promoting social resilience in coastal communities. RESI integrates Nature-based Solutions with innovative engineering to build resilience. These best-in-class solutions are funded by the public and private capital we access and deploy in unique fashion.
About UNGA
The UN General Assembly (UNGA) is the main policy-making organ of the Organization. Comprising all Member States, it provides a unique forum for multilateral discussion of the full spectrum of international issues covered by the Charter of the United Nations. Each of the 193 Member States of the United Nations has an equal vote.
The UNGA also makes key decisions for the UN, including:
- appointing the Secretary-General on the recommendation of the Security Council
- electing the non-permanent members of the Security Council
- approving the UN budget
The Assembly meets in regular sessions from September to December each year, and thereafter as required. It discusses specific issues through dedicated agenda items or sub-items, which lead to the adoption of resolutions.
Sitting arrangements in the General Assembly Hall change for each session. During the 79th Session (2024-2025), Yemen will occupy the first seat in the Hall, including in the Main Committees (followed by all the other countries, in English alphabetical order).