CHAPTER 2
Essential 2: Financing and Resources
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• Develop a strategy to access funds from national and international sources, the private sector or individuals to support cash grants, soft loans for restarting livelihoods and to begin more sustainable rebuilding in disasteraffected communities.
Put in place incentives for risk reduction—and penalties • Provide incentives for the construction of safe housing and infrastructure and for local businesses that invest in disaster resiliency and risk reduction. For example, apply lower local taxes, offer grant subsidies, and/or partial cost grants for assessing, strengthening and retrofitting vulnerable housing. • Support safer standards by providing design options and subsidized actions in high-risk areas. Encourage local businesses, banks and insurance companies to reduce the cost of more sustainable building supplies and support low-income communities with insurance and savings and credit schemes that favor them. • Consider penalties and sanctions for those who increase risk and environmental degradation. • Give public recognition and/or awards to good city practices that increase safety.
Improve economic performance • Identify the concerns and priorities of the economic sector, including areas of potential vulnerability such as the location or robustness of its buildings and the sustainability of resources they depend on. • Ensure that city plans are risk-sensitive, for example, by identifying areas suitable or not suitable for human settlement and economic development.