Resilient Asset Management and Investment Project (RAMI)
RAMI is an M9 project to improve the way council assets (roads, buildings, parks, drains etc.) are funded, renewed and managed for effective climate risk reduction in inner metropolitan areas.
The aim is to develop practical solutions that help council integrate resilience into asset management systems and investment processes to better service local communities.
What will RAMI do?
RAMI will develop ways to consistently embed ‘resilience’ into local government asset management systems and processes, so that managing climate risk becomes business-as-usual. This will help councils to:
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Protect asset performance and extend service life.
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Direct investment to the priority assets and areas where upgrades are needed to adapt to climate risk.
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Develop agreed service levels and / or standards for assets to perform in a changing climate.
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Identify asset retirement requirements early, such as investment that is viable in a changing climate.
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Meet the requirement to manage climate risk in the Local Government Act 2020.
Other benefits include:
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Enhance advocacy for sustainable funding and strategic, regional asset management initiatives.
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Share knowledge, research insights, case studies and data across councils.
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Improve coordination on asset management across the region, especially where shared initiatives are needed to address common resilience challenges.