Minderoo Foundation and partners are creating a toolkit for residents, councils and industry to improve the resilience of homes across the Canberra region, with a specific focus on bushfire risk.
Natural hazards are causing increased hardship, evidenced by recent bushfires, floods and drought. Communities experiencing the effects of natural hazards today, will become more exposed in a climate changed future. Consequentially, the cost of living will increase, partly because vulnerable homes will become more expensive to insure. Action is needed to protect the community and improve the resilience of housing.
The longer-term aim is to make this toolkit available for insurers to offer to customers to incentivise them to modify their properties to reduce risk, with the benefit for customers being a reduction in premiums or other benefits. The intent is for this project to be scaled to other locations leading to the development of more climate resilient housing stock nationally.