The MERIT team are researchers and consultants specialising in valuing resilience investments to create better futures. We can help you navigate and interpret the end-to-end evaluation of resilience investments.
Our multi-disciplinary team have created a state-of-the-art economic evaluation tool, with expertise in decision-making and communicating high impact, low probability disruption risks.
Our mission is to support communities to value investments to create better futures.
Our skilled team, and state-of-the-art tools, can help with:
- Making tough choices in the face of uncertainty and understanding the trade-offs.
- Evaluating the robustness of decisions in different futures.
- Creating value/business case for investment.
- Identifying target groups/sectors most impacted by different risks and most beneficial investment options over time for the economy and the community.
- Understanding the size, spatial, and temporal extent of economic consequences following an event,
- Creating accessible/coherent storylines and narratives to support decision-making processes.
- Evaluating wellbeing and equity (distribution) impacts of risks.
- Navigating complexity.
Lloyd's Science of Risk Prize winner
We are thrilled to announce that Charlotte Brown and the MERIT team have placed second in the Pandemics prize category in Lloyd's 2021 Science of Risk competition for their work on 'Accounting for business adaptations in economic disruption models'.
This research is the first of its kind to build an empirically-derived model of business impact and recovery following disruption. Using business impact and recovery data from the 2010-2011 Canterbury earthquakes (New Zealand), and qualitative validation, this paper presents a novel, transferable model for estimating business recovery following disruption.
Modelling the Wellington fault line
With the release of the Wellington Lifelines Group report, Protecting Wellington's Economy Through Accelerated Infrastructure Investment Programme Business Case, Richard Mowll from the Wellington Lifelines Group was interviewed about the project and its findings.
Modelling a Wellington Fault earthquake
A paper has been published in the Australian Journal of Disaster and Trauma Studies (AJDTS) outlining how strong stakeholder engagement and integrated modelling enabled the development of a comprehensive and robust narrative to support the MERIT modelling of the economic impact of a Wellington Fault earthquake event in New Zealand.