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Economic Resilience

The actions in this focus area strive to increase the local economy's capacity to handle shocks that may occur due to extreme weather and build a workforce that can take advantage of new climate opportunities and fosters sustainability.

Climate Change and Our Economy

Our Main Challenges

Climate change has the ability to disrupt our local economy. We could see:  

Changes to the economy and workforce, including a move away from fossil fuel-related businesses; extreme weather impacts to small businesses; changes in outdoor jobs and recreation jobs due to extreme weather; loss of beaches due to sea level rise and coastal erosion. 

Cost of living increases, including housing, insurance, and food; shocks from extreme weather events (storms, flooding, heat, wildfire); loss of town property tax income as coastal property values decline. 

Loss of business due to “life-line infrastructure” interruptions from storms, flooding, and erosion, and a lack of planning for businesses to address these impacts. 

Storm waves crashing on the front porch of a building.
Man wearing safety gear climbing up a tall yellow ladder over a barge boat on the ocean.

Photo credit to Veja Mate

Economic Benefits of Climate Action

Stregthening Blue, Green, and Creative

Planning for a more climate sustainable economy can be accomplished by diversifying and strengthening on blue, green, and creative economies. 

Blue Economy: Ocean-based jobs including fishing/aquaculture, boat building and repair, marine transportation, and sustainable tourism. 

Green Economy: Jobs that reduce greenhouse gas emissions, preserve biodiversity, and enhance ecosystem services, including renewable energy and nature-based climate change-adaptation strategies. 

Creative Economy: Jobs related to human creativity, such as art, music, food, knowledge, and technology. 

Oak Bluffs

Equity Considerations

An Economy That Works for Everyone

Economic disparity on the Island is a major roadblock to an equitable society. Extreme real estate prices, a lack of affordable housing, and high costs of living threaten to disenfranchise the year-round working class population. This is particularly true of vulnerable populations, including low wage earners, persons lacking in specialized training, non-English speaking residents, and business owners and employees located in flood-prone and other climate-impacted areas. We will address climate change-related equity issues with increased identification and access to training for local climate change-related jobs that target vulnerable populations and provide support for the adaptation of vulnerable businesses.  

How You Can Help

Take Action for a Thriving and Resilient Economy!


Support local businesses where possible.
If you're a business owner, learn how climate change can impact your business and plan for these changes.
Complete an energy assessment at your business to identify ways to conserve energy and save money!
Get incentives to replace equipment and systems in your business with energy efficient ones.
Four people in helmets and lifejackets float in shallow water during a safety training exersize.

Photo credit MV Center for Education and Training