Proceedings of the Resilient Cities 2018 Congress: Impact Bond Concept for Green Cities

Author(s)
Dr. Arnoldt T., Tarraf K. & Wiegelmann J.
Publication language
English
Pages
9pp
Date published
28 Apr 2018
Publisher
ICLEI Local Governments for Sustainability
Type
Conference, training & meeting documents
Keywords
Disaster preparedness, resilience and risk reduction, Governance, Urban

To support cities implementing air quality improvement and environmental measures Munich Re is offering a new Impact Bond that mitigates both financial and impact risks of such measures. It is partnering with Munich-based company Hawa Dawa which provides a comprehensive and reliable air quality data base to help evaluate the ecological impact of specific measures. The data solution is implemented in several cities in Europe and is within the required legal framework for data accuracy.