capital region business resiliency initiative · 2016 phase sept oct nov dec jan feb march q2 q3 q4...
TRANSCRIPT
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CAPITAL REGION BUSINESS RESILIENCY INITIATIVE Update for CRC Quarterly Meeting, Oct 9, 2014
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Risk profile
Sacramento is the most flood prone city in the nation At risk: $1.7B ag economy | $70B physical structures
California suffers third year of severe drought
Losses: $214M in crop revenue | $35M additional costs of ground water pumping
2014 is California’s worst fire season on record Impact: >4,500 fires and counting | ~$600M JUST to battle
blazes | eminent threat to power line infrastructure
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Scenario of a massive flood event
U.S. Geological Survey predicts the chance of a megaflood inundating Sacramento not only
plausible, but “perhaps inevitable.”
Source: New York Times Magazine, 2011
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Small business owners are concerned
Source: American Sustainable Business Council, 2014. Small Business Owner’s Views on Climate and Energy Policy Reform
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Small business, much at stake
Wildfire, flood, drought, severe storms or heat are threats to the region’s economy and our small business sector.
ü Establishments with >20 employees account for 90% of the
region’s 60,000 businesses in 2012 ü Small business provides 50% of region’s private sector jobs ü They are more vulnerable to impacts of climate change ü They are less prepared to rebound after a disruption ü ~57% do not have a disaster recovery plan ü ~25% don’t reopen after a major disaster
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Downstream effects
¨ Loss of power and communications, loss of sales & customers, lengthy recovery time
¨ Uninsured loss for continuing operations and destruction of physical property
Resiliency Measures ¨ Energy and water
efficiency, onsite electric generation & storage
¨ Business continuity planning
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HOW CAN WE PREPARE SMALL BUSINESS TO BE RESILIENT IN TIMES OF DISASTER?
Problem Statement
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Devise a regional solution
BEFORE a time of crisis: ü Engage regional leadership ü Prepare/plan for economic resiliency ü Support business preparedness ü Enhance recovery after a disruption
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Method / Approach
REGIONAL LEADERSHIP AND COLLABORATION. Cross sector and jurisdiction.
RESEARCH: Economic impact and vulnerability assessments. Gap analysis. Best practice identification.
ENGAGEMENT: Communications, outreach, and knowledge building. Leadership development.
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Timeline
2016
Phase Sept Oct Nov Dec Jan Feb March Q2 Q3 Q4 Q1
Project Design and scope
Stakeholder collaboration & engagementEconomic analysis and best practice identificationDefine action plan, strategies and steps for economic resiliency Strategic outreach and communicationsProject transition & plan implementation
General Project Management
2014 2015
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A VIBRANT AND RESILIENT SMALL BUSINESS SECTOR THAT’S PREPARED TO WEATHER ANY STORM.
The Outcome
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Our Team
Staff Bill Mueller|Meg Arnold|Christine Ault|Tammy Cronin Board Champion|Scott Syphax Partners|SMAQMD and CRC (and many more!)