In southeastern Florida, Miami, and the surrounding region are considered “ground zero” for climate impacts in the continental United States, experiencing the first and worst impacts of climate change so far. Without both strong climate resilience measures to prepare for these impacts and climate mitigation efforts to reduce their severity in the long run, rising sea levels, increasingly frequent and severe storms, extreme heat, and coastal erosion threaten major damage and disruption to communities, businesses, and property. The region, which is no stranger to extreme weather, has a demonstrated history of successfully learning from past disasters and rebuilding in a more resilient way. The region also has tremendous prospects for economic growth thanks to thriving tourism and real estate industries, and growth as a global hub for cleantech innovation. Continuing to attract diverse private sector investment can boost local economic resilience, while conversely, developing a climate resilient community can help make the region more attractive for companies to invest. Harmonized policies at the local, state, and federal level are needed to support better local resilience planning, build resilient infrastructure, and raise local corporate climate ambition. This brief summarizes key takeaways from our regional roundtable held virtually in Florida in June 2022, and offers recommendations for policymakers and companies to enhance resilience and economic development in southeast Florida.
Investing in climate resilience goes hand in hand with smart, long-term economic development. Proactive investments in resilience can support local economic growth and strengthen communities. In southeast Florida, while much progress has been made to date, more work remains ahead to prepare the region for the coming impacts of climate change. This is imperative to protect people and ecosystems from climate-fueled disasters, sea level rise, extreme heat, and other climate impacts, while also reducing risk for public and private investments in local infrastructure and assets. Ensuring these investments focus on equity and on bolstering communities is the best way to create a resilient economy for all residents of southeast Florida.
View more from the C2ES Regional Roundtable series here.