Risks & Resilience: Averting Disaster & Surviving Catastrophe

Oct 5, 2018 from 8:00 am to 4:30 pm
Halekulani Hotel, Honolulu, HI
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Halekulani Hotel
2199 Kalia Road
Honolulu, HI, 96815

Oct 5, 2018 from 8:00 am to 4:30 pm
Event Summary

As we navigate hurricanes, volcanic eruptions and false missile alerts The Hawaii Economic Association finds it appropriate to explore the economics of potential catastrophe through its Conference, The Economics of Risk & Resiliency – Meeting the Needs of Hawaii’s Future. The day’s program will feature three panel discussions, as well as a morning and lunch speaker, and the ever-popular closing panel on the economic outlook for Hawaii and the nation.

“Climate change and growing populations are increasing the probability of natural disasters and changing the metrics for how government and industry to plan for the future,” said George Willoughby, HEA President. “How much investment is warranted to build a resilient infrastructure and at what point does the return in investment make sense or not? This is one of many important questions facing us as we move further into the 21st century.

More Details

Panel 1. Infrastructure of Communications & Utilities (Delivery Systems):future plans and how resiliency is considered in planning/development:

Description: Responding to discrete catastrophic events is an important component of resilience.  An equally important consideration is the planning for and building of resilience into utility, communications, and essential services infrastructure.  The panel will discuss how Hawaii stakeholders are planning and building for a future that includes climate, technology, and geopolitical volatility.

Hawaiian Telcom: Jason Thune
C&C: Rocky Mould
HECO: Scott Seu
Moderator: Dean Nishina


Panel 2. Resilience in Tourism’s Evolving Infrastructure

Description: Panel 2 will discuss how tourism might evolve given changing consumer demands and environmental challenges. This panel will also delve into making tourism more sustainable economically.
Panelists: TBD


Preparing for the Future: The Honolulu Climate Change Commission’s Recommendations Based on Sea Level Rise and Climate Change Vulnerabilities

This summer, Honolulu Mayor Kirk Caldwell issued a formal directive to all city departments and agencies to take action to minimize the risks from and adapt to the impacts of climate change and sea level rise. The Mayor’s directive was based on the work and recommendations of the Honolulu Climate Change Commission. Commission Chair and Director of UH Manoa’s Institute for Sustainability and Resilience Professor Makena Coffman and Commission Vice-Chair and Associate Dean of UH Manoa’s School of Ocean and Earth Science and Technology Professor Charles “Chip” Fletcher will discuss the science and economics behind the Climate Change Commission’s study and how changing certain policies can make Hawai’i more resilient.

Speakers: Makena Coffman, Ph.D., Director, University of Hawaiʻi at Mānoa Institute for Sustainability and Resilience, Charles (“Chip”) Fletcher, Ph.D., Associate Dean for Academic Affairs and Professor of Earth Sciences at the School of Ocean and Earth Science and Technology

Makena Coffman is the Director for the University of Hawaiʻi at Mānoa Institute for Sustainability and Resilience. She is a Professor of Urban and Regional Planning and teaches graduate courses in climate change and low carbon cities.  Her research interests include greenhouse gas mitigation, energy policy and alternative transportation strategies. She is a Research Fellow with the University of Hawaiʻi Economic Research Organization, holds a B.A. in International Relations from Stanford University and a Ph.D. in Economics from the University of Hawaiʻi at Mānoa. She currently serves as Chair of the City and County of Honolulu Climate Change Commission.   Dr. Chip Fletcher is the Associate Dean for Academic Affairs and Professor of Earth Sciences at the School of Ocean and Earth Science and Technology (SOEST), University of Hawaiʻi at Manoa. Chip is also Vice Chair of the City and County of Honolulu Climate Change Commission.
He teaches graduate and undergraduate courses emphasizing Earth Science, Climate Change, and Coastal Management. He has received a number of awards for teaching, community service, and research.
Dr. Fletcher has published over 100 peer-reviewed articles as well as three textbooks. His research focuses on understanding the impacts of sea level rise on island shorelines.


Panel 3. Resilience in emergency management, response, and recovery

Description: A discussion of the economic dimensions of preparing for and responding to discrete-event disasters such as a hurricane, tsunami, lava flow, earth quake, etc.

Dr. Dolores Foley, UHM National Disaster Training Center
Thomas Travis, Administrator HI-EMA
Dr. Alberto "Mo" Morales, Jr. Chief, Applied Research and Information Sharing Branch Center for Excellence in Disaster Management and Humanitarian Assistance
Moderator: Jack Suyderhoud


Panel 4. Economic Outlook: When is the next recession?

Description: Panelists will cover the world, national, and local economic conditions and predict when the next recession is likely to occur in the U.S. and Hawaii.  Areas of special concentration include: international trade, tourism, construction, and real estate.

Dr. Eugene Tian of DBEDT
Dr. Peter Fuleky of UHERO
Dr. Paul Brewbaker of TZ Economics
Mr. Mike Hamasu of Colliers International
Moderator: Matt