Coastal Resilience and Adaptation Economy Consortium
The launching of a Coastal Resilience and Adaptation Economy initiative targets entrepreneurial and business accelerator activities in an emerging economy, meeting an expanding global market for rural, suburban and urban solutions to increased flooding, erosion, coastal hazards, and sea level rise. The project lays the foundation of a resilience innovation ecosystem that produces new, long-term, high-paying jobs and businesses in support of many coastal sectors ranging from housing and waterfront buildings to infrastructure and blue-green environmental assets:Click Here for more information.
The Consortium will engage the broader business communities of Region 5 & Region 6 in the resilience economy to advance collaboration across regions and sectors to enable growth and diversification of the coastal resilience and adaptation sector, and prepare businesses for a future with water. Virginia’s Resilience sector is fragmented, creating barriers to entry and hindering growth. Coalescence of businesses in this sector will catalyze growth in new and existing firms.
The Consortium will build on existing efforts including the Hampton Roads Adaptation Forum, Fight the Flood program, and architecture, engineering and construction (AEC) industry sector interest to engage in resilience. It will engage the chambers, regional economic development groups, industry associations, the Center for Innovative Technology (CIT) & other innovation centers to encourage broadening participation across all industry sectors (e.g. maritime, real estate, logistics, manufacturing, aquaculture, and forestry). The Consortium provides an opportunity to educate businesses about the coastal flooding risks related to sea level rise and the associated economic impacts, provides business continuity training opportunities and enables adoption of resilient strategies and practices. It provides an opportunity for Regions 5 & 6 industries to build urban and rural capacity through knowledge and talent transfer, and create identification of best practices, and development of implementation pathways for priority resilient infrastructure projects in both regions.
Benefits of Joining a Working Group
- Education opportunities including business continuity training, economic impacts of hurricanes and recurrent flooding, and local best practices related to adaptation and resilience.
- Understanding adaptation and resilience project needs and exploring opportunities to drive progress through funding strategy development (PPP opportunities).
- Developing Coastal VA resources and capabilities for the adaptation and resilience sector, to include defining the problem, describing the sector, highlighting opportunities, innovation, and success stories, and promoting urban and rural expertise in the sector.
Infrastructure Investment Opportunities
- Carol Considine (Old Dominion University)
Resources and Capabilities
- Emily Steinhilber (Environmental Defense Fund)
- Jessica Whitehead (ODU, Institute for Coastal Adaptation & Resilience)
- Carol Considine (Old Dominion University)
Join a Working Group Today!
Your support is needed to build coastal resilience. Sign up to join one (or more) working group(s) today!
Click Here for resources/materials from past events!
Coastal Resilience & Adaptation Consortium Seminar – Fight the Flood 12:00 PM
Coastal Resilience & Adaptation Consortium Seminar – Fight the Flood @ Online Event
Jan 12 @ 12:00 PM – 1:30 PM
We would like to invite you to attend this virtual seminar presented by Lewie Lawrence, Executive Director of the Middle Peninsula Planning District Commission, on the Fight […]
How the Economic Development Community Defines the Coastal Resilience and Adaptation Business Sector – Consortium Continuity 1:00 PM
How the Economic Development Community Defines the Coastal Resilience and Adaptation Business Sector – Consortium Continuity @ Online Event
Jan 18 @ 1:00 PM – 2:30 PM
Event MaterialsSee below for PowerPoints, Documents, and recordings from the most recent event/meeting. Click Here to view event slides, handout materials, or recordings from past events/meetings.
Infrastructure Investment Opportunities Working Group Meeting (Dec. 16th, 2021)Click Here to view the event recording!
Join a working group today!