STRATEGY & ACTION PLAN
The following five strategic initiatives are to implement the goals stated above through detailed and prioritized action steps, developed with active input from stakeholders throughout the region and flowing from the SWOT analysis.
GOAL 5 – SUPPORT A MULTI-INSTITUTIONAL REGIONAL INITIATIVE CENTERED ON BLUE AND GREEN INFRASTRUCTURE
Valuing natural infrastructure such as coral reefs and mountainside trees both increases resilience and leads to sustainable development. New recognition of the contribution of these assets to protect the built environment, and their value to sustainable development such as ecotourism and carbon credits, is becoming fully recognized. As the southern coast and mountains of Puerto Rico is rich in natural infrastructure, SPREDD will support a multi-institutional effort to value and sustainably develop it. This initiative will first focus on blue infrastructure, including coastal (i.e. mangroves) and ocean (i.e. coral), then consider green infrastructure (mountain vegetation) inland, while integrating federal and philanthropic grants, facilitating establishment of value through parametric insurance, and leveraging that value for both preservation (based on reduction of risk to public and private built environment) and sustainable development (earning carbon credits for planting mangroves, enhancing fisheries through hydroponics). SPREDD will reach out to the Blue Tide and Center for Resilience, Economic Policy, and Strategic Economic Development (CREPSED) initiatives and support their efforts, focused on the southern coast as the pilot project for this initiative. SPREDD should begin support efforts immediately and continue through the life of this CEDS.