Climate change will impact the local economy in many ways, including the high cost of adaptation, town budget shortfalls due to the loss of property tax income (when buildings are lost due to storms and sea level rise), job loss, loss of recreational income (beach erosion), cost of living increases, loss of ecosystem services (salt marshes), and a decline in real estate values, including the trickle-down effect on related businesses.
We are seeking funds for a professional report on the economic impacts of climate change on the Vineyard. You can help by making a tax-deductible donation to the Climate Action Fund, Martha’s Vineyard Community Foundation. Contribute online at www.marthasvineyardcf.org or send a check to MVCF, PO Box 243, West Tisbury, MA 02575. Please note that the funds are for the economic report.
Thank you!
