National Preparedness Month Virtual Event: The Economic Benefits of Investing in Resilience

Preparedness pays off. That’s the key takeaway from a new Climate Resiliency Report from the U.S. Chamber of Commerce, Allstate, and the U.S. Chamber of Commerce Foundation. The study revealed that every $1 spent on climate resilience and preparedness saves communities $13 in damages, cleanup costs, and economic impact.

With weather-related catastrophes increasing in frequency and severity and billion-dollar disasters now the norm, it’s essential for communities to invest in resilience. We hosted a dynamic conversation among experts during National Preparedness Month that explored how investments in climate resilience not only reduce disaster costs, but also promote economic growth and stability in communities.

From hurricanes in Miami to earthquakes in San Diego, we shared examples of the economic benefits of preparedness and steps communities, businesses, and families can take now to reduce the impact of climate-related disasters.

Featured experts include:

Elliot Stultz, Senior Vice President, Deputy General Counsel, Assistant Secretary, and Chief Sustainability Officer, Allstate Insurance
Marc DeCourcey, Senior Vice President, U.S. Chamber of Commerce Foundation
Curtis Dubay, Chief Economist, U.S. Chamber of Commerce
Rob Glenn, Vice President, Global Resilience, U.S. Chamber of Commerce Foundation