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Goal B Deepen understanding of climate change effects on California’s economy

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Priority

Build a Climate Resilient Economy

All Priority Goals

Actions

  • Action 1 Fund applied climate research through the California Climate Change Assessments to quantify economic impacts of climate change in various sectors, with a focus on economic loss and opportunity.

    Success Metric: Research results that lend quantifiable economic outcomes for future climate risks, including extreme heat, wildfire, sea level rise and flooding, spread of invasive species, and extreme precipitation (including drought).

    Timeframe: 2026 and every five years thereafter

    Agency/Agencies: Governor’s Office of Land Use and Climate Innovation, Formerly the Governor’s Office of Planning and Research – Policy and Planning, Strategic Growth Council | Natural Resources Agency – Energy Commission | Department of Food and Agriculture

    For More Details: California Climate Change Assessment; CDFA Office of Pesticide Consultation & Analysis

  • Action 2 Identify and assess sea level rise impacts and associated financial costs to coastal lands.

    Success Metric: Develop economic valuation guidance for coastal communities to use in understanding risks and adaptation options.

    Timeframe: 2027

    Agency/Agencies: Natural Resources Agency – State Lands Commission

    For More Details: State Lands Commission Strategic Plan; State Lands Commission AB 691