Disaster Preparedness • Economic Recovery • Resilience

In the Wake of Super Typhoon Yutu, Our Hearts Go Out to the Northern Mariana Islands

The International Economic Development Council’s thoughts are with the people of the Northern Mariana Islands as they cope with the aftermath of Super Typhoon Yutu. The storm was a historic weather event, with winds reaching speeds of 174 miles per hour, the equivalent of a Category Five hurricane. It is the strongest storm on record to hit the U.S. territory, home to 55,000 people. Thousands and now without electricity and water, and at least one individual was killed.

Island economies face unique challenges, a reality IEDC is sensitive to. These issues were explored at our Annual Conference earlier this month during the Island Economic Resilience Roundtable, a forum that brought together economic developers representing island jurisdictions, including U.S. territories, to share ideas and strategies they are using to grow their local economies. We will publish takeaways from this event on Restore Your Economy in the coming weeks.

We are hoping for the best for the islands’ communities and families as the road to recovery unfolds. Regrettably, more frequent and severe natural disasters is the new normal, making resilience a critical component of economic development. We hope all regions recovering from disasters, whether they be typhoons, hurricanes, floods, fires, or manmade events, will take advantage of IEDC’s disaster recovery resources and that they will spur ideas for their community. Remember that you are not alone, and there is much collective wisdom among disaster-impacted communities freely available on RestoreYourEconomy.org.