Federal investment in flood-resilient infrastructure can create jobs, stimulate local economies, and strengthen communities. That’s the finding of a new analysis, The Local Economic Impact of Flood-Resilient Infrastructure Projects by American Flood Coalition and Johns Hopkins University.
The report estimates that each billion dollars invested in flood-resilient infrastructure could be associated with up to 40,000 new jobs across the country. The report investigates how resilience projects create jobs, stimulate local markets, and bring additional benefits like positive public health effects and added recreational space.
Downloads, Links & Resources
Building for the Future: Flood-Resilient Infrastructure and Job Creation
Urban Land Institute and the Southeast Florida Regional Climate Compact
The Business Case for Resilience for Southeast Florida
Milken Institute
The Case for an Infrastructure Predevelopment Fund
Findings
Investing in flood-resilient infrastructure creates jobs
Flood-resilient infrastructure creates new businesses
Benefits extend far beyond flood reduction
Each $1 million invested in flood infrastructure projects creates 40 jobs in the construction and retail trade industries. That means every billion dollars invested can create up to 40,000 new jobs across the country.
