Days Until Our
2023 Conference!

Accelerating resiliency planning in communities across the Commonwealth

Search

Economic Opportunities for Community Resilience

Home » Publications and Media » Resilient Virginia News » Economic Opportunities for Community Resilience

Economic Opportunities for Community Resilience

Home » Publications and Media » Resilient Virginia News » Economic Opportunities for Community Resilience

Why Invest in Resilience?

A community is not just a place to live and work. Communities are where we raise our families; find comfort and joy; laugh and cry; play and socialize. Often, our community shapes our identity and is a place where we are most at home. Yet, communities face an uncertain future. There are a lot of climate, social, and economic changes happening that are weakening their ability to survive and thrive. As a consequence, our communities are faced with the challenge of developing resilience.

Resilience is the ability to identify risks and challenges and build the capacity to maintain or rapidly regain functionality and vitality in the face of these chronic stressors or severe disturbances. Investing in resilience allows a community to build capacity and strengthen their physical and societal infrastructure to prepare for existing and predicted changes they face.

We know that:

  • Changes are already happening and predicted to get worse;
  • These changes are costing a lot of money, leading to a lot of deaths, exacerbating inequities, and not going to go away; and
  • Funding opportunities are out there – communities need to take advantage of them before it’s too late.

Changes are already happening and predicted to get worse

There is no question that our communities are experiencing the impacts of change – change in climate; population shifts; technological advancements; displaced economies; to name a few. This, coupled with aging infrastructure, lack of capacity to address these new challenges, and long-established inequities, combine to reduce a community’s livelihood. Some of these impacts are already felt in our communities – the rising sea level and extreme weather events – while other impacts will become more significant later on – increasing exposure to dangerous high temperatures and new local diseases. And while all communities are potentially at risk for some impacts, there are some communities at greater risk because of their location, economic situation, and chronic inequities.

These changes are costing a lot of money, leading to a lot of deaths, exacerbating inequities, and not going to go away

In 2022, the US experienced 18 billion-dollar climate disasters that cost a total of $175.2 billion in damages and caused 474 deaths. As these disaster events become more frequent, the economic harm has become more commonplace. Communities have a hard time recovering from a single disaster event let alone multiple events, and the reduction in economic growth can be seen years later.

But it is not just ‘natural disasters’ affecting communities’ livelihoods – they also continue to experience economic, environmental, health, and other social stresses. Many communities endure greater impacts because of past and current inequities. Other communities endure greater impacts because of occupations, earnings, literacy, poverty incidence, and demography. Communities are faced with the challenge of determining how to invest in initiatives that will best address the changes they face and then securing the necessary funding for these projects.

Funding opportunities are out there - take advantage of them before it’s too late

Fortunately, there are funding opportunities out there for communities to develop resilience against these changes. The Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA) are bringing business and workforce development to communities while providing extensive investments in the resilience of infrastructure and clean energy systems. Additionally, there are state-level funding programs that can be used for resilience initiatives. Money is available for communities to become more resilient – they need to utilize the funding before it’s too late.

Learn About These Funding Opportunities at the 2023 Resilient Virginia Conference

At the 2023 Resilient Virginia Conference, we will emphasize the federal programs and funding that are available for resilience initiatives, as well as state programs that are either currently underway or that are being planned.

The conference will highlight how businesses and communities can work together to:

  • Grow investments that support a low-carbon economy;
  • Provide examples from urban and rural communities on approaches to resiliency that include climate risk assessments that lead to economic, health, and equity considerations; and
  • Increase resilience in the face of disruption from extreme weather disasters and on-going climate concerns that impact community health and vitality.

Participants in the 2023 Conference will:

  • Learn about federal programs that are distributing IIJA and ERA funds, as well as state-level funding initiatives;
  • Discover business development options ranging from new climate entrepreneurships to growing demand for climate-resilient infrastructure and energy sources;
  • Gain insights on resilience policy progress in Virginia and across the region;
  • Compare local Climate Action Plans and Climate Resiliency Plans in Virginia jurisdictions and in neighboring states;
  • Engage in networking with resiliency businesses, government representatives, and institutional and community organizations; and
  • Take away tools for resiliency planning that help communities deal with increased hazards while addressing equity considerations for vulnerable citizens.

Learn more about our conference, keep up-to-date as we build out the agenda and secure speakers, and register on our conference webpage.

Resources

Become a Member
Become a Sponsor
Become a Volunteer

Sign Up for E-News

Get news and notifications from Resilient Virginia.

The Resilience Calendar

  • Climate, Heat and Health Summit: Perspectives from Southwest Virginia
    Date: June 22, 2024
    Location:

    The event will feature clinicians, scientists, academia, and community partners focusing on the latest research in climate science, urban heat issues in Roanoke, impacts on health in Virginia, current resources available, and what clinicians/…

  • RVCA Agriculture Working Group Meeting
    Date: June 24, 2024
    Location: https://us06web.zoom.us/j/83229994226

    Resilient Virginia Collaborative Alliance Agriculture Working Group (appt hold). RVCA is a cross sector climate collaborative working to build resiliency in Central and Southwest Virginia. More information about RVCA efforts can be found on…

  • 2024 Virginia Brownfields Conference
    Date: June 25, 2024
    Location:

    The premier brownfield redevelopment conference in Virginia, hosted by the Virginia Department of Environmental Quality (DEQ) and Lynchburg.

    Learn more and register here.

  • RVCA Clean Transportation Working Group Meeting
    Date: June 25, 2024
    Location: https://us06web.zoom.us/j/89305988880

    Resilient Virginia Collaborative Alliance Clean Transportation Working Group (appt hold). RVCA is a cross sector climate collaborative working to build resiliency in Central and Southwest Virginia. More information about RVCA efforts can be found…

Latest News & Resources

Resilient Virginia News: Spring 2024

Creating a Climate-Ready Virginia; Program and Project Updates; Board of Directors Updates;
Resources and Funding; EJ TCTACS; Solar for All; USDA Grants and Loans; FEMA National; Resilience Guidance; National Climate Resilience Framework; MARISA Tools; All Hazard Mitigation Planning Program; Charlottesville, Virginia Shows How Small Cities Can take a Lead on Zero-Emissions Public Transit; Rural Universities Experiment with ‘Innovation Hubs’; FEMA Announces $300 Million to Strengthen Community Resilience to Flooding; Biden-Harris Administration Invests $4.55 Million for Community Heat Resilience Through Investing in America Agenda; more.

Read More »

Creating a Climate-Ready Virginia

Climate readiness is about building holistic resilience. It involves taking targeted action to preserve and improve Virginia’s economy, infrastructure, and resources while safeguarding our community members’ health, safety, and quality of life.

Read More »

5th National Climate Assessment

The Fifth National Climate Assessment is the US Government’s preeminent report on climate change impacts, risks, and responses. It is a congressionally mandated interagency effort that provides the scientific foundation to support informed decision-making across the United States.

Read More »