Equitable Decision Making in Climate Resilience Investments

Type

White Paper

Source

MITRE

Date Updated

10-01-2022

Link

Description

MITRE conducted research to understand, analyze, and document the quantitative accounting of social equity using metrics, indicators and weights of inequity both within and external to economic analyses commonly used to assess cost effectiveness of climate resiliency investments proposed for government funding. The purpose of this work is to identify the methods and data that contribute useful information to the formulation of plans, prioritization of funding, and tracking impact after implementation, while recognizing limitations and potential improvements. Our intention is to gather feedback and vet our recommendations with subject matter experts, practitioners, and government and community representatives to reach a consensus on a path towards greater understanding of how we might equitably and intentionally direct funding towards the communities who need it most.