Resources
Not everything written about resilience matters to public finance. We curate the research, market developments, and expert perspectives that help governments, insurers, investors, and practitioners better understand how resilience becomes investable.
Making Resilience & Public Finance Function
State and local governments are quietly re-emerging as the most consequential actors in addressing the growing gap between risk and investment in communities across the United States
Before the Market Catches Up
In 2025, the Resiliency Co underwrote an independently authorized and reviewed article looking at the opportunity and the challenges for resilience and the municipal bond market.
Drawing on interviews with issuers, investors, rating agencies, insurers, and market experts, it examines why resilience remains underpriced—and what that means for communities, philanthropy, and investors.
Rethinking our Assumptions and Financing Tools for Community Resilience in the Face of Growing Climate Loss and Risk
Traditional grants and municipal finance alone cannot meet the scale of today's resilience challenge. This Brookings report explores how state and local governments can unlock new investment by rethinking how risk, value, and public finance work together to build stronger, more resilient communities.
A Missing Ground: Why Municipal Bonds Have Struggled to Finance Climate Resilience at Scale
For years, resilience finance has oscillated between highly customized pilot projects and broad “green” bond programs that struggle to demonstrate measurable impact. The path to scale lies between those extremes by adapting proven municipal finance tools to value and finance risk reduction.
Rethinking Risk: Why Local Governments Can’t Shoulder Climate Burdens Alone
The majority of U.S. infrastructure is funded, built, and maintained by city councils, county boards, and state legislatures. But aging infrastructure, escalating climate risk, and other factors are converging to leave local communities less prepared to absorb their growing risk.