The Preparedness Payoff: The Economic Benefits of Investing in Climate Resilience

• 2024

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This Climate Resiliency Report explains how spending money on climate resilience can save more money in the long run. The report details the economic impact of preparing for different scenarios: hurricane, earthquake, tornado, drought, and wildfire. The article highlights that smart planning not only keeps people safe but also supports economic growth by reducing losses and creating jobs related to building stronger infrastructure.

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Tags

Focus Areas: Natural Disasters; Severe Weather

Audience: Emergency Managers

Emergency Management Stages: Mitigation; Preparedness (Prevention / Protection)

Keywords: Economic Development; Risk Management; Resilience, Psychological; Climate Change

Institutions: U.S. Chamber of Commerce

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