Your donation to Climate Resilience Offsets impacts 11 of the UN’s 17 Sustainable Development Goals
The Sustainable Development Goals are a universal call to action to end poverty, protect the planet and improve the lives and prospects of everyone, everywhere.
The Goals were adopted by all United Nations Member States in September 2015 as part of the 2030 Agenda for Sustainable Development which sets out a 15-year plan to achieve the Goals and their related targets. Never before had world leaders pledged common action across such a broad and universal policy agenda.
The 17 Goals are interconnected, apply to all countries, and need to be carried out by all stakeholders – governments, the private sector, civil society, the United Nations system and others – in a collaborative partnership.
Climate Resilience Offsets (CRO) are financial offsets helping to mitigate the rapidly rising costs of severe weather on communities and property owners. The Economist projects homeowners and communities face $25 trillion in damage from severe weather in the decades ahead. But the World Bank estimates $4.2 Trillion can be saved by investing in more resilient infrastructure today. CRO also impact 10 of the UN’s Sustainability Goals.
Read more about how CROs deliver the tangible results the C-suite needs to approve your budget.
Climate Resilience Offsets is focused on funding projects that deliver tangible results for the here-and-now challenges of climate change. Our work impacts 10 of the United Nations Sustainability Goals:
1. No Poverty
The costs of severe weather disproportionately affect lower and middle-income communities. Lack of insurance or high-priced premiums, lower building standards, and lack of financial reserves mean the cost of repair or resilience is a far larger proportion of these household's income or net worth. Subsidies for more resilient homes and businesses can directly help reduce the likelihood of a lower-income household slipping into poverty as a result of severe weather, or that a middle-class home slips into the downward spiral to lower class and with more storms ahead eventually into poverty.
2. Zero Hunger
Regardless of socio-economic position, ensuring food supplies after a severe weather event is essential to communities recovering from storms. CRO works with local emergency management teams to facilitate the stable flow of food and water to communities impacted by major weather events.
3. Good health and well-being
When a lack of financial resources leaves communities in disrepair after severe weather events, disease often follows quickly. Empty homes, half flooded basements or entire nieghborhoods are breeding grounds for insects and other carriers of infectious diseases. By helping these communities recover more quickly the likelihood that an infectious disease takes hold is reduced.
6. Clean water and sanitation
Clean water and sanitation are critical after a severe weather event. CRO invests in projects that make water and sanitation facilities more resilient to severe weather.
8. Decent work and economic growth
In many communities impacted by severe weather, local businesses suffer the most. The cost of repair, the impact on staff homes and loss of income, and the often month’s long delay of returning commerce needed to replenish cash flow (i.e. people don’t shop in condemned retail stores) are difficult to absorb by local businesses. CRO can invest directly in community small business repair and resilience, and support families impacted by a loss of business income.
9. Industry innovation and infrastructure
A key criterion for any CRO investments is lasting benefits, including building materials and standards. When CRO will invests the likelihood that the infrastructure built or repaired will sustain future major weather events is higher than the current practice of often using the lowest cost materials and hiring based on the lowest project bid.
10. Reduced inequalities
CRO invests based on need, not income, race, gender, ethnicity, nation, or any other criteria.
11 Sustainable cities and communities
CROs makes direct investments in civic climate repair and resilience projects, urban and rural.
13. Climate action
CRO is tackling one of the largest, fastest-growing, and most impactful sectors of the climate action community – the financial impact of severe weather. While CO2 reduction and switching to renewable energy are important to the long-term health of the planet, they will not have an impact on the people inhabiting the planet for years or decades. CRO provides financial support for communities affected by severe weather today.
16 Peace, Justice and strong institutions
The cost of severe weather is already straining federal, state and local budgets. A growing number of ever larger climate action bonds are being approved by elected officials, loans which must eventually be paid back with higher or new taxes on local residents and/or businesses. In an era of already high local taxes, or in communities where tax collection is a challenge at best, CRO can offset the need for or at least the size of a climate resilience bond thereby strengthening those local institutions best able to work directly with local communities.
17. Partnership for the goals
CRO connects private capital, corporate philanthropy and consumer charitable giving to offset the costs of severe weather fueled by rising CO2 levels in communities worldwide. We work directly with local partners and community leaders to ensure all investments deliver maximum impact.