New Platform Partner Impact Infrastructure Will Help Cities Evaluate Infrastructure Investment Value
100 Resilient Cities Partners With Impact Infrastructure To Help Cities Evaluate The Sustainable Value Of Infrastructure Investments
Bringing Automated Financial Analysis to the 100RC Global Network
New York – 100 Resilient Cities – Pioneered by The Rockefeller Foundation (100RC) is announcing a partnership with Impact Infrastructure Inc., which will offer a critical resilience financial tool known as AutoCASE® to cities in the 100RC Network as they design and implement their comprehensive Resilience Strategies. The tool allows cities to leverage readily available infrastructure design data to produce real time analysis including financial, social, and environmental returns associated with resilience solutions as they are planned, implemented and operated.
100RC Network cities can use AutoCASE® to make better informed investments in facilities that respond to shocks such as storms, flooding, landslides, power outages as well as failures in water and wastewater systems. This cloud based solution enables cities to tap into pre-existing planning and design data to gain a better understanding of the value of public and private sector benefits associated with infrastructure and building projects.
“In order to build resilience, cities need to be able to prioritize investments on a basis of total returns. Objective, transparent, credible, and comparable data is required to support project specific cases,” said John Williams, Chairman and CEO of Impact Infrastructure. “AutoCASE® has automated infrastructure analysis to make business case development affordable for projects of all sizes.”
“Cities can’t afford to build resilience protection without regard to costs and anticipated benefits – they need sound information on which to base their investment decisions,” said Michael Berkowitz, President of 100 Resilient Cities. “By making AutoCASE® software available to our city network, Impact Infrastructure is enabling cities to quantify the triple-bottom line returns associated with an infrastructure investment, and optimize its design to maximize the social, environmental and financial benefits.”
Impact Infrastructure joins a prestigious group of other “Platform Partners” that have committed to helping cities around the world prepare for, withstand, and bounce back from the ‘shocks’ – catastrophic events like hurricanes, fires, and floods – and ‘stresses’ – slow-moving disasters like water shortages, homelessness, and unemployment – which are increasingly part of 21st century life. Fellow Platform Partners include Microsoft, Swiss Re, Veolia, and the World Bank – among many others.
Each city in the 100RC network receives four concrete types of support:
- Financial and logistical guidance for establishing an innovative new position in city government, a Chief Resilience Officer, who will lead the city’s resilience efforts;
- Technical support for development of a robust Resilience Strategy;
- Access to solutions, service providers, and partners from the private, public, academic, and NGO sectors who can help them develop and implement their resilience strategies; and
- Membership of a global network of member cities who can learn from and help each other.
About 100 Resilient Cities—Pioneered by The Rockefeller Foundation
100 Resilient Cities – Pioneered by The Rockefeller Foundation (100RC) helps cities around the world become more resilient to social, economic, and physical challenges that are a growing part of the 21st century. 100RC provides this assistance through: funding for a Chief Resilience Officer in each of our cities who will lead the resilience efforts; resources for drafting a Resilience Strategy; access to private sector, public sector, academic, and NGO resilience tools; and membership in a global network of peer cities to share best practices and challenges. 100RC currently has 67 member cities. For more information, visit: www.100ResilientCities.org.
About Impact Infrastructure
Impact Infrastructure is a software as a service company focused on the automation of financial analysis for infrastructure and building projects. The firm is at the center of efforts to create standard analytical metrics and tools for project valuation. Impact Infrastructure is headquartered in New York City with offices in Toronto, and Ottawa, Canada.