The Atlantic Council, a think tank based in Washington, D.C., has announced the launch of a new center that aims to enhance the resilience of one billion people around the world by 2030.
The Adrienne Arsht-Rockefeller Foundation Resilience Center will launch following a $25 million gift from business leader and philanthropist Adrienne Arsht and a $30 million grant from The Rockefeller Foundation.
It will deploy a range of approaches, including finance and risk transfer tools, policy frameworks, and technology and communications strategies to address urgent crises such as climate change, migration and security.
In the coming weeks, the center is expected to announce a number of partnerships with public and private sector entities in the insurance sector, as well as financial institutions, national government ministries, major city leaders, and arts organisations.
“We are setting an ambitious goal, supported by the expertise and analysis of the Urban Institute, of ‘Reaching One Billion People with Resilience Solutions by 2030,'” said Frederick Kempe, President and Chief Executive Officer of the Atlantic Council.
“By combining Adrienne Arsht’s vision and generosity with The Rockefeller Foundation’s world-renowned leadership and experience, we are determined to provide measurable, scalable solutions to address some of the 21st century’s greatest challenges and opportunities.”
“At a time when volatility and change are the only certainties, we must find ways to enable resilience among individuals, systems, and communities,” added Arsht, who previously served as Chairman Emerita of TotalBank and Executive Vice Chair of the Atlantic Council.
The Adrienne Arsht-Rockefeller Foundation Resilience Center will be led by Kathy Baughman McLeod, who has global expertise in risk and resilience on issues such as climate change, natural disasters, financial tools, climate adaptation, and insurance solutions.
She previously served as Global Environmental and Social Risk Executive at Bank of America and as Global Managing Director, Climate Risk and Resilience, at the Nature Conservancy.
“As early pioneers in the field of resilience for nearly a decade and a half, The Rockefeller Foundation remains committed to forging new pathways and partnerships that help vulnerable people and communities withstand the challenges of a rapidly changing world,” said Rajiv J. Shah, President of The Rockefeller Foundation.
“As we look to the future, we are optimistic that millions of people around the world will continue to benefit from innovative solutions that strengthen resilience in their communities,” he continued. “With committed, capable partners like Adrienne Arsht and the Atlantic Council, the movement to build a more resilient world grows even stronger.”
Francis Bouchard, Group Head of Public Affairs and Sustainability at Zurich Insurance Group, also commented on the launch: “In the face of such complex and intergenerational forces, resilience demands a deep knowledge of risk and a capability to drive community-based impact.”
“This new partnership between two leaders in the field is uniquely positioned to expand the use of risk-informed decision-making and catalyze much-needed solutions to the growing protection gap,” he explained. “We look forward to collaborating with the Adrienne Arsht-Rockefeller Foundation Resilience Center and being part of their ambition to improve the resilience of one billion people.”