CoPe EAGER: Collaborative Research: Evaluating Coastal Community Resilience Bonds to Facilitate Community Recovery

CoPe EAGER：合作研究：评估沿海社区复原力债券以促进社区恢复

• 批准号: 1940127
• 负责人: Sara Hamideh
• 金额: $ 10万
• 依托单位: SUNY at Stony Brook
• 依托单位国家: 美国
• 项目类别: Standard Grant
• 财政年份: 2019
• 资助国家: 美国
• 起止时间: 2019-10-01 至 2022-09-30
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=1940127&HistoricalAwards=false
• 关键词: CoPe; EAGER; Collaborative; Research; Evaluating

This project evaluates the use of a new type of bond, a coastal community resilience bond (CCRB), that has the potential to assist coastal communities to recover more quickly and become more resilient following a disaster. If effective, this new bond mechanism can be extended to other communities. This new type of bond integrates social assets and physical infrastructure in its development to enable investment in community resilience. The two goals of this resilience bond are to: (1) achieve equitable recovery of both physical and social systems and institutions; and (2) reduce the resilience gap between different types of communities. The resilience bond development includes not only the repair of the physical systems in a community, but also valuation and investment that enable timely recovery of social institutions, bridging a gap in current disaster resilience bonds. As part of this research graduate students will receive cross-disciplinary training where the fields of urban planning, engineering, and finance overlap. To test this new type of bond, the research team considers two case study communities in Mississippi and South Carolina each having different resilience planning capacities, but both identifying needs in resilience investment. Community level modeling with a portfolio of options to achieve these goals and objectives will consider metrics identified as part of the engagement process combined with what is achievable. A resilience bond pricing methodology will be developed through a series of interviews and consultation with insurance and finance industry experts. Pricing will be discussed with community stakeholders to determine if it is within the acceptable range. The primary outcomes of this research are: (1) the development of a coastal community resilience bond which not only includes the repair of the physical systems in a community, but also provides valuation and investment to enable timely recovery of social institutions, bridging a gap in current disaster resilience bonds; (2) a high-fidelity loss model integrated with a community-level model to enable decision-making based on community needs; and (3) development of a coastal community resilience bond development methodology that is adaptive to varying capacities for resilience investment and planning in a variety of communities.This award reflects NSF's statutory mission and has been deemed worthy of support through evaluation using the Foundation's intellectual merit and broader impacts review criteria.

该项目评估了一种新型债券的使用情况，即沿海社区复原力债券（CCRB），这种债券有可能帮助沿海社区更快地恢复，并在灾害发生后更具复原力。如果有效，这种新的联系机制可以推广到其他社区。这种新型债券在其发展过程中整合了社会资产和有形基础设施，以促进对社区复原力的投资。这一复原力纽带的两个目标是：（1）实现物质和社会系统和机构的公平恢复;（2）缩小不同类型社区之间的复原力差距。建立抗灾债券不仅包括修复社区的物质系统，还包括进行估值和投资，以便能够及时恢复社会机构，弥补目前抗灾债券的缺口。作为这项研究的一部分，研究生将接受城市规划，工程和金融领域重叠的跨学科培训。为了测试这种新型的债券，研究小组考虑了密西西比和南卡罗来纳州的两个案例研究社区，每个社区都有不同的弹性规划能力，但都确定了弹性投资的需求。社区级建模包含实现这些目标和目的的选项组合，将考虑作为参与过程的一部分确定的指标以及可实现的内容。将通过与保险和金融行业专家的一系列访谈和咨询，制定一种弹性债券定价方法。定价将与社区利益相关者讨论，以确定其是否在可接受的范围内。这项研究的主要成果是：（1）建立了沿海社区抗灾债券，不仅包括修复社区的物理系统，而且还提供了评估和投资，以便及时恢复社会机构，弥补目前抗灾债券的差距;（2）与社区一级模型相结合的高保真损失模型，以便根据社区需求作出决策;以及（3）该奖项反映了NSF的法定使命，并被认为值得支持通过使用基金会的知识价值和更广泛的影响审查标准进行评估。