1. Making sense of progress Friends Provident Foundation Tony Greenham, 9 th July 2015

2. Defining economic resilience ‘the capacity of an economic system to adapt in response to both short-term shocks and long- term changes in ecological, social and economic conditions with the aim of supporting the community to thrive whilst using its fair share of ecological resources’. It requires the ability to: absorb shocks and retain basic system functionality; self-organise (social institutions and networks); innovate and learn in response to disturbances

3. Social and ecological dimensions 1.Normative elements – resilience is a good thing only if we like the other qualities of the system 2.Positive elements – social, ecological and economic systems are interdependent – individual and community flourishing essential to the capacity to innovate, learn and adapt

4. Intervention points and strategies

5. Making sense of progress If resilience is an evolutionary concept, it is a journey rather than a destination, so – What direction are we heading in? – How quickly are we moving? – What might change either of these answers?

6. Mapping institutions and sectors Funders Knowledge organisations Support organisations Local government Energy Land & housing Food Community finance Multi- sector

7. Opportunities and threats Austerity Devolution Technological disruption 1: P2P economy Technological disruption 2: online retailing