“At Grosvenor, we realise that a city’s long term success cannot be measured on annual volatility and returns alone. We need to evolve our approach and analyse the risks and opportunities of cities holistically, taking into account their geographical location, governance, predicted population growth and resources, amongst other things. We need to know how vulnerable they are, but also understand their ability to adapt and improve. We need to establish their resilience.”
How resilient is your community? How vulnerable is it to environmental, infrastructure or even community setbacks? The newly released Resilient Cities: A Grosvener Research Report indicates that a community’s ability to adapt is based on five key areas: governance, institutions, technical and learning, planning systems, and funding structures. The study focuses on larger cities, but the report provides insight that communities of all sizes can use.
See on www.grosvenor.com