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Future Resilience in Emergency & Asset Management. Date: 23/08/2012 Presented by: Anthony Genovese. What is Resilience?. Resilience is an outcome. The ability to anticipate risk & limit impact. The ability to recover from or adjust easily to misfortune or change
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Future Resilience in Emergency & Asset Management Date: 23/08/2012 Presented by: Anthony Genovese
What is Resilience? • Resilience is an outcome. • The ability to anticipate risk & limit impact. • The ability to recover from or adjust easily to misfortune or change • Shared responsibility.
Natural Disaster Relief & Recovery Arrangements (NDRRA) • Commonwealth Funding Arrangement • Amendments to NDRRA • Independent Assessment • Identify Insured vs Uninsured • Road Assets • Outcome
LGA Asset Mutual Fund - Solution • General Assets - $5.5 bn.Buildings/Contents/Plant & Equipment • Historically – Infrastructure Assets • Bridges, weirs, - $300 mFootbridges Underground fibre optic Traffic signals & lighting
LGRS - Other Risk Programs - Solution • Business Continuity Program • Coastal Management Project • Fire Danger Days/Extreme Heat Management • Roads Project • Climate Adaptation Program • Regional Disaster Resilience Program
In Summary • LGA Asset Mutual Fund • Infrastructure Assets • LGAMLS Initiatives • Risk Management Programs
We become more resilient Thank you