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terms of employment loss and a decrease in economic activity. This |
industry basically shut down as in person interactions were limited or |
outright banned. Some of the region’s workers were able to transition |
smoothly to remote work without disruptions to their employment, but |
others could not. |
The South Florida Regional Planning Council received funding from |
the U.S. Economic Development Administration (EDA) in August 2020 |
to support economic resilience efforts across the region directly related |
to COVID-19. With this funding SFRPC focused staff resources toward |
COVID-19 response, recovery, and long-term planning. The final |
Economic Resilience Plan was a coordinated effort to develop a |
strategic plan aligned with the CEDS for South Florida to address |
recovery from the economic shock of COVID-19, future pandemics, |
and similar economic shocks. |
The stakeholders identified the highest priority issues in each of the |
four Focus Areas, set goals and objectives, and listed priority projects |
to address needs, goals, and objectives. Please refer to Appendix 1 for |
stakeholder recommended projects, project outcomes, possible action |
partners, successful outcomes. To build a regional capacity for |
economic resilience, a network of partner organizations and |
individuals must anticipate risk, evaluate how that risk can impact |
critical economic assets, and build a responsive capacity. |
Anticipated Outcomes of Proposed Projects (Appendix 1) |
1. Create a fully staffed and operational training facility which can |
serve as an Emergency or Security Operations Center |
responding to disasters (pre, during, post) and improve |
26 | Page |
training and communication channels for government and |
other local agencies. |
2. Provide innovative solutions and digital technologies that will |
help resource constrained governments and regulators address |
capacity challenges and improve regulatory capacity, service |
delivery, and crisis management. |
3. Augment and enhance support services in the areas of job |
training, childcare, success coaching, education, social services, |
and assist with work-related needs to transition low income, |
structurally unemployed individuals to living wage jobs and |
career pathways. |
4. Advance equity by assisting resident entrepreneurs from lowwealth communities in launching sustainable businesses that |
will generate and build generational and community-based |
wealth. |
5. Develop much-needed talent skills pipelines that will advance |
the design and implementation of new programs including |
degrees and certifications to attract new talent, and train and |
retain local talent. |
6. Create new technologies, recruit new companies, and generate |
scaling of early stage and young startup companies that will |
bring job creation. |
7. Provide multimodal connectivity and create an interconnected |
system of transit and transportation opportunities that are |
easily accessible to all residents. |
8. Secure regional grant funding which can be used for program |
development (degrees, certifications, short courses, seminars, |
workshops, event), Research & Development, “Train the |
Trainer” programs, the creation of new technologies etc. |
through enhanced regional collaboration and diverse |
partnerships. |
9. Fuel innovation and entrepreneurship in coral restoration |
technology. |
a. Incubation of novel coral restoration technology, |
bringing together the technology and coral restoration |
sectors. |
b. Accelerator to commercialize technologies for use in |
public and private coral restoration industries within |
and beyond Florida. |
10. Planning for next steps in further developing a technologydriven ‘coral restoration economy’ for South Florida. |
11. Create opportunities for job creation in both tech and |
environmental restoration and increase investment |
opportunities in the field |
South Florida’s high concentration of businesses and workforce in the |
Hospitality & Leisure sector makes our economy exceptionally |
vulnerable to high impact events that adversely affect tourism such the |
pandemic, natural disasters, inflation, etc. In building South Florida’s |
economic resilience, it is critical that economic development |
organizations and regional stakeholders continue efforts to reduce |
overreliance on the Hospitality & Leisure sector through education, |
training, and attracting a skilled workforce into higher paying |
industries. Creation of a connected, vibrant region that is supported |
by robust infrastructure and multimodal mobility network is needed |
as well. Communication and collaboration are keys to success. |
Government agencies and other regional stakeholders need to establish |
a process for regular communication, monitoring, and updating of |
business community needs and issues. |
27 | Page |
Climate Change / Sea Level Rise and Natural Disasters |
South Florida’s economic resilience is dependent, in significant |
measure, on the region’s ability to mitigate and adapt to sea level rise |
and climate change while continuing to grow the regional economy. |
The region’s leading business leaders and chambers of commerce, |
organized as the South Florida Business Council, are working closely |
with each other and elected leaders, the Southeast Florida Regional |
Climate Change Compact, and SFRPC to develop strategies to |
strengthen regional economic resilience. |
the short term, the Southeast Florida Regional Climate Change |
Compact in its 2019 Unified Sea Level Rise Projection – Southeast Florida11 |
estimates that sea level rise will be 10 to 17 inches by 2040 and 21 to 54 |
inches by 2070 (above the 2000 mean sea level in Key West, Florida). In |
the long term, sea-level rise is projected to be 40 to 136 inches by 2120. |
The adjacent chart presents estimates from the Intergovernmental |
Panel on Climate Change (IPCC) and the National Oceanic and |
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