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Greater Boston, Massachusetts Comprehensive Economic Development Strategy
January 2015
The Metropolitan Area Planning Council of Boston (MAPC) released their Comprehensive Economic Development Strategy (CEDS) in 2015, which aims to direct economic development throughout the region until 2020. While the Strategy describes dozens of action items to increase economic resilience, one of the priorities is to address the impacts that climate change will have on Boston’s economy, especially on vulnerable, under-represented communities. The Strategy establishes several goals to increase the City’s economic resilience in the face of climate change and support these frontline communities, including for income inequality within the region to decrease, and that the Metro Area grow a strong supply of skilled and educated workers. In order to achieve these goals, the CEDS recommends several economic development and climate resilience actions to be implemented by policymakers, business owners, local colleges, and more.
Resource Category: Planning
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Rhode Island Rising: A Plan for People, Places, and Prosperity
December 2014
From the Rhode Island state government, this plan outlines the state’s long term vision for economic development. The majority of this plan is dedicated to general economic development concerns such as income, job growth, and regulations, but it also contains a substantial section focused on climate adaptation (Goal 5, pgs. 97-115). Rising air and water temperatures, increasing precipitation, extreme weather, and sea level rise were identified as significant climate threats to Rhode Island’s economy.
Resource Category: Planning
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The New Climate Economy Report: Better Growth, Better Climate
September 16, 2014
This study from the Global Commission on the Economy and Climate finds that governments and businesses can reduce their carbon emissions and improve economic growth. ‘Better Growth, Better Climate’ describes how rapid technological innovation and new investment in infrastructure are making it possible to mitigate climate change while improving economic performance.
Resource Category: Solutions
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Understanding the Economic Development Opportunity & Impact of Climate Change
April 2014
This report by the Rhode Island Commerce Corporation considers the economic development implications associated with climate change, including preparing for and recovering from extreme weather events. Challenges and opportunities are examined across the following industries: small business, ports and marine trades, tourism, defense/naval, manufacturing, aquaculture, agriculture, and energy. The report is broken up into sections on each of the industries covered. For each industry, the authors discuss climate change considerations relevant to that sector, similar work underway in other states, and next steps for Rhode Island state government, local governments and the business community.
Resource Category: Assessments
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Prince George's County, Maryland Clean Water Partnership
January 1, 2014
The Prince George’s County, Maryland Clean Water Partnership (CWP) - between Prince George’s County and a private company, Corvias - began in 2014 intending to retrofit 2,000 acres of property with green infrastructure for stormwater management. As part of this process, both partners agreed that an emphasis on employing local, under-represented communities was necessary. Within the three-year period during which the project was completed, 66 businesses were contracted, almost 1,600 businesses were reached, and over 200,000 hours of work were generated.
Resource Category: Solutions
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Adapting to Climate Change Using Your Business Continuity Management System
2014
This report provides guidance to businesses on how to incorporate climate change preparedness into their business continuity management system (BCMS). A BCMS is a framework for adaptively responding to disruptive events or disasters, that may impact all areas of a business. Through business continuity management, organizations can identify and mitigate risks and minimize disruption to standard operations. The report identifies 13 tasks that businesses should undertake to integrate climate preparedness into their BCMS.
Resource Category: Planning
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Risky Business Project - Economic Risks of Climate Change to the U.S.
October 2013
Launched in October 2013, Risky Business is a year-long effort to quantify and publicize the economic risks the United States faces from the impacts of a changing climate. Risky Business is a joint initiative of Bloomberg Philanthropies, the Office of Hank Paulson, and Next Generation. Additional support for Risky Business was provided by the Skoll Global Threats Fund.
Resource Category: Assessments
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Weathering the Storm: Building Business Resilience to Climate Change
July 16, 2013
From the Center for Climate and Energy Solutions (C2ES), this report provides a detailed snapshot of the state of resilience planning among a cross-section of global companies, and outlines steps companies can take to better assess and manage their growing climate risks. The report includes a comprehensive review of resilience practices among S&P Global 100 Index companies and detailed case studies of six companies in diverse sectors: American Water, Bayer, The Hartford Group, National Grid, Rio Tinto and Weyerhaeuser.
Authors or Affiliated Users: Meg Crawford, Stephen Seidel
Resource Category: Solutions
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Climate Change Preparedness and the Small Business Sector
July 2013
Small businesses can suffer lasting economic damage from a single extreme weather event. Unlike larger businesses, they lack access to capital, often operate from a single storefront, and are heavily dependent on the local community for business activity. Prepared by the Small Business Majority and the American Sustainable Business Council, this report includes case studies on how small businesses across a range of sectors have incorporated climate change resilience into their business planning and management.
Author or Affiliated User: Lea Reynolds
Resource Category: Solutions
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Warming of the Oceans and Implications for the (Re)Insurance Industry
June 2013
This report from the Geneva Association gives an overview of the detected changes in the oceans and their impact on extreme events and hazard probabilities over the last few decades. It summarizes the changes in risk management strategies that (re)insurance companies can implement in order to address the new situation appropriately, comply with regulatory requirements and ultimately improve their ratings.
Author or Affiliated User: Falk Niehörster
Resource Category: Assessments
