Community continuity key for long term recovery and resilience | Leveraging Opportunity Zones for Resilience

In previous installments of this week's blog series on leveraging Opportunity Zones to build infrastructure resilience, the Global Resilience Institute has examined several cases in which the failure or prolonged disruption of privately held infrastructure can pose serious - and expensive - challenges for the public. With all of our critical systems so in inextricably connected, local disasters can quickly cascade into national crises when the 'weak link' is something like a freight rail route that connects the largest port in the US to customers across the country or a pharmaceutical manufacturing hub that is the sole producer of some of the country's most at-risk products. For many people located in disaster afflicted areas, though, the reliance on private infrastructure means that their livelihoods and property are directly linked to the resilience of those systems. This will continue to be the case for new capital investments spurred on by Opportunity Zones. Fund managers across the country lining up to invest in the zones have an imperative to put money into projects that 'bake-in' resilience, both to protect their investments, but also to ensure the communities they are located among are not splintered when a disruption inevitably occurs. The importance of infrastructure that is able to bounce back from stress can clearly be seen in several cases where it did not.