A mechanism to provide sustainable infrastructure investments at the municipal level
3rd BMW Foundation Global Table – Project Ideas to Enhance Urban Quality of Life
The Global Table provided me with a great gift – I always felt that Brazil can teach the world how to live sustainably because Brazil understands the interaction between humans and nature. The cooperation which evolved over the last two days with Thais’ place Sinal do Vale can provide exactly that show case.
One of the participants was Peter Head, founder of the London-based Ecological Sequestration Trust. Building on the Trust’s open-source model “resilience.io,” it was discussed how finance and insurance could be brought aboard to promote resilient infrastructure projects in city regions. The platform resilience.io will simulate the dynamics of a city on the basis of comprehensive data sources, covering social, environmental and economic dimensions. The platform is planned to be available for use in Brazil, China and India by 2018, providing the transparency, quality and governance needed for resilient planning and infrastructure delivery.
The participants came up with a set of investment criteria (such as a strong level of participation of local communities) and will help to connect to different financing institutions – the Global Climate Fund at the global level, development cooperation funding at the national level, as well as institutions at the local level.
The Global Table was able to establish a concrete link between Peter Head’s Trust and Thais Corral, founder of Sinal do Vale, a sustainability community acting as a driver in the larger Greenbelt Movement in a poor neighborhood outside Rio de Janeiro with urgent investments needs to improve its energy, sanitation and transport infrastructure. The region, which is home to more than three million people, has already been able to build up a clear level of commitment from several community-based ecological and reforestation projects and from the municipalities in the area – and could therefore serve as an ideal demonstration region for the implementation of the platform model in Brazil.