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Comprehensive Economic Development Strategy (CEDS) Content Guidelines

January 2015

The U. S. Economic Development Administration (EDA) issued revised guidelines in 2015 that outline the federal requirements and guidance for writing a Comprehensive Economic Development Strategies (CEDS).  The CEDS guidelines now require regional economic development agencies to consider how climate change will affect economic development and to include strategies for increasing economic resilience. The guidelines acknowledge that a region’s long-term economic resilience will be defined by its ability to quickly recover from economic shocks and that climate change will increasingly cause economic disruptions.

Related Organizations: Economic Development Administration

Resource Category: Law and Governance

 

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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.

Related Organizations: Rhode Island State Planning Program

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.

Related Organizations: Rhode Island Climate Change Commission, Rhode Island Commerce Corporation (Commerce RI)

Resource Category: Assessments

 

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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 dealing with potential and actual disruptive events that may impact all areas of a business. Through business continuity management, businesses can identify and mitigate risks and minimize disruption to standard business operations. The report identifies 13 tasks that businesses should undertake to integrate climate preparedness into their BCMS.

Related Organizations: BSI Group

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.

Related Organizations: Center for Climate and Energy Solutions (C2ES)

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.

Related Organizations: Small Business Majority, American Sustainable Business Council

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. 

Related Organizations: The Geneva Association

Author or Affiliated User: Falk Niehörster

Resource Category: Assessments

 

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The Effects of Climate Change on the Downhill Skiing and Recreational Fishing Economy in the Crown of the Continent

January 2011

This report focuses on the Montana portion of the "Crown of the Continent" region, the home of Glacier National Park and extensive protected wilderness areas where recreational fishing and downhill skiing have have contributed significantly to population and job growth. The impacts of climate change on these industries are analyzed, which are susceptible to changes in temperature, snowpack, and the timing of precipitation.

Related Organizations: Headwaters Economics

Resource Category: Assessments

 

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