Infrastructure resilience is the ability to reduce the magnitude and/or duration of disruptive events. The effectiveness of a resilient infrastructure or enterprise depends upon its ability to anticipate, absorb, adapt to, and/or rapidly recover from a potentially disruptive event - National Infrastructure Advisory Council.
Enhancing resilience at a city and global scale will require action at many levels to move from reacting after disaster strikes, to create a world where failure to plan in advance is unacceptable – Lloyd’s Emerging Risk Report (2017)
Adverse Natural Events are a Threat to PPP Infrastructure Projects
Public-Private Partnership (PPP) projects because of their complexity, their many moving parts, partner and stakeholder performance expectations, and long life-cycle are susceptible to adverse natural events. Because of this, it is critically important that resilience be a major consideration when PPPs are planned, financed, and executed.