M
MercyNews
Home
Back
La Palma Rebuild: Science-Driven Recovery Plan
Economics

La Palma Rebuild: Science-Driven Recovery Plan

El PaísDec 24
3 min read
📋

Key Facts

  • Héctor Izquierdo was appointed commissioner for the Reconstruction of La Palma in June 2022.
  • The volcanic eruption on La Palma ended on December 25, 2021.
  • Izquierdo previously served as Secretary of State for Hacienda for six months.
  • The target is for 6% of La Palma's GDP to come from the science sector.

Quick Summary

Four years after the volcanic eruption ended on December 25, 2021, La Palma is undergoing a significant recovery phase led by Héctor Izquierdo. Appointed as the commissioner for Reconstruction in June 2022, Izquierdo aims to transform the disaster into an opportunity for the island. His background includes a doctorate in Economic Sciences and experience as Secretary of State for Finance. Currently, the focus has shifted from housing compensation to the revitalization of the agricultural sector. A major long-term objective has been established: to ensure that 6% of La Palma's Gross Domestic Product originates from the science sector. Izquierdo acknowledges that while substantial work remains, the island's relationship with volcanic activity is complex.

The Commissioner and His Roots

Héctor Izquierdo brings a personal connection to his role as the commissioner for the Reconstruction of La Palma. Born in Los Llanos de Aridane in 1974, he grew up on the island where his parents still reside in Puerto Naos. His professional qualifications are extensive, holding a Doctorate in Economic Sciences and Business and a Law degree.

Before his current appointment, Izquierdo built a career spanning twenty countries in management, teaching, and research. He briefly served as the Secretary of State for Finance, a position he held for six months. In June 2022, he was named the first and currently only commissioner for the island's reconstruction, operating under the Ministry of Territorial Policy and Democratic Memory.

Reconstruction Progress

As the fourth year since the eruption's extinction passes, the reconstruction efforts have moved through various phases. The eruption officially concluded on December 25, 2021. Since then, the administration has successfully closed the compensation processes for damaged housing. However, the work is far from over. The current priority is the recovery of the island's agricultural sector, a vital component of the local economy.

Izquierdo admits that there is still much work to be done to restore the island fully. The strategy involves viewing the reconstruction not just as a repair job, but as a chance for fundamental change. The commissioner emphasizes the importance of turning the crisis into a catalyst for improvement.

A Future Built on Science

The vision for La Palma's economic future is ambitious and specific. The administration has set a target for 6% of the island's GDP to be generated by the science sector. This indicates a strategic pivot toward knowledge-based industries to diversify the local economy. This goal aligns with the broader objective of making the reconstruction a 'transformative challenge'.

The integration of science into the economic fabric of the island is seen as a way to secure long-term stability. By leveraging the unique geological and environmental conditions of La Palma, the aim is to create a sustainable economic model that reduces reliance on traditional sectors alone.

Living with Nature

Despite the destruction caused by the eruption, the relationship between the islanders and the volcano is nuanced. Izquierdo characterizes this dynamic as a love-hate relationship. He notes that volcanoes are part of the island's 'idiosyncrasia'—a defining characteristic of the region's identity.

This perspective suggests that the recovery is not about eradicating the risk, but about learning to live with it more effectively. The goal is to build a resilient community that can thrive despite the natural challenges posed by the island's geology.

"Tenemos el reto de que esto sea una oportunidad transformadora"

— Héctor Izquierdo, Comisionado para la Reconstrucción

"El objetivo es que el 6% del PIB de La Palma provenga de la ciencia"

— Héctor Izquierdo, Comisionado para la Reconstrucción

"Los volcanes forman parte de nuestra idiosincrasia, es una relación de amor-odio"

— Héctor Izquierdo, Comisionado para la Reconstrucción
#Sociedad#Volcanes#Canarias#La Palma#Erupción La Palma#Erupciones volcanes#Ayudas públicas#Ayuda económica#Ayuda social#Ayuda humanitaria#Agricultura

Continue scrolling for more

AI Transforms Mathematical Research and Proofs
Technology

AI Transforms Mathematical Research and Proofs

Artificial intelligence is shifting from a promise to a reality in mathematics. Machine learning models are now generating original theorems, forcing a reevaluation of research and teaching methods.

Just now
4 min
171
Read Article
KB Files Patent for Hybrid Stablecoin Credit Card
Economics

KB Files Patent for Hybrid Stablecoin Credit Card

South Korean financial giant KB has filed a patent application for a groundbreaking hybrid payment system. This technology aims to bridge the gap between digital assets and traditional finance.

3h
5 min
0
Read Article
East Jerusalem private schools strike over entry restrictions on teachers from West Bank
Politics

East Jerusalem private schools strike over entry restrictions on teachers from West Bank

Classes suspended for some 20,000 students to protest limit on days that work permits are issued, which General Secretariat of Christian Educational Institutions slams as 'arbitrary' The post East Jerusalem private schools strike over entry restrictions on teachers from West Bank appeared first on The Times of Israel.

3h
3 min
0
Read Article
Progressive Government Targets Housing Inequality
Politics

Progressive Government Targets Housing Inequality

A new legislative focus identifies housing as the central battleground for social justice, aiming to dismantle speculative market forces and secure the fundamental right to shelter.

3h
5 min
0
Read Article
Autonomous Funding Reform Reignites Regional Tensions
Politics

Autonomous Funding Reform Reignites Regional Tensions

The Ministry of Finance has proposed a comprehensive reform of the autonomous financing system, a framework that has remained unchanged since 2014. The announcement has immediately reignited political tensions, particularly concerning the distribution of resources among Spain's regions.

3h
5 min
0
Read Article
Spanish Housing Crisis Drives Economic Pessimism
Economics

Spanish Housing Crisis Drives Economic Pessimism

The ongoing housing crisis in Spain is significantly impacting citizens' economic outlook, with recent surveys showing a dramatic decline in consumer confidence as property prices and rents continue their relentless climb.

3h
5 min
0
Read Article
Accidents

Crane Collapses on Thai Train, Killing 22

A passenger train traveling from Bangkok to Thailand's northeast was derailed Wednesday morning when a construction crane collapsed onto one of its carriages, resulting in significant casualties.

3h
5 min
7
Read Article
Accidents

Train Crane Collapse in Thailand Kills 22

A catastrophic crane collapse onto a moving train in northern Thailand has resulted in at least 22 fatalities and over 30 injuries, marking a dark day for the nation's transport safety.

3h
5 min
7
Read Article
Prediction Markets Shatter Records with $702M Volume
Economics

Prediction Markets Shatter Records with $702M Volume

Trading volume in prediction markets reached an unprecedented $701.7 million on Monday, with Kalshi emerging as the dominant platform. This record-breaking activity signals growing mainstream adoption despite ongoing regulatory challenges.

3h
5 min
6
Read Article
From War to Peace: The Science of Endless Frontiers
Science

From War to Peace: The Science of Endless Frontiers

In 1945, a pivotal report to President Truman argued that science, which had won the war, must now win the peace. This is the story of how dual-use technologies like radar became the foundation of modern research policy.

3h
4 min
0
Read Article
🎉

You're all caught up!

Check back later for more stories

Back to Home