A new resilience market is emerging to meet the needs of community-level climate planning. This MCG white paper analyzes the state of the market.
Climate change is a global challenge but its impacts manifest at the local level. Regional and community-level climate planning is increasingly focusing on climate resilience, variously defined to reflect a city or system’s ability to absorb shocks, maintain function, recover quickly, and evolve to more desirable and sustainable configurations. Climate resilience is generally considered distinct from—but complementary to—climate mitigation, which focuses on reducing greenhouse gas (GHG) emissions in order to reduce impacts or reverse climate change.
As attention to the topic increases, an emerging landscape of resilience-focused organizations, government initiatives, companies, and multi-sector collaborations has begun taking shape. This paper defines and analyzes this market by identifying the resources, activities, and networks that are being created and providing insights into future directions of this young but fast-growing market. We hope that this research will help communities understand the range of resources available to them and enable resilience product and service providers to better respond to current gaps and emerging needs. Finally, by classifying and defining the current U.S. resilience market, this paper aims to further the discussion of how the resilience market can continue to evolve to meet the climate challenges ahead.
Read the full white paper here.