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In 2018, the City completed the Municipal Vulnerability Preparedness (MVP) planning workshop to become certified as an MVP community. The MVP program is Massachusetts state program administered through the MA Executive Office of Energy & Environmental Affairs (EOEEA) designed to increase municipal-level resilience to natural hazards being exacerbated by climate change. Through the planning workshop the City identified vulnerabilities and strengths along with identifying opportunities to take action to reduce risk and build resilience.
Since the City became certified as an MVP Community Peabody has been awarded four MVP Action Grants to increase resilience against flooding in the North River corridor. These grant funds have gone toward the design phases for several flood mitigation projects: Lawrence Brook/Walnut Street Flood Mitigation and Stormwater Improvement project, Peabody North River Canal Wall Rehabilitation and Riverwalk project, and the Peabody-Salem Resilient North River Corridor & Riverwalk Project.
In 2023, the state introduced the MVP 2.0 Pilot Planning Program, and the City received an MVP 2.0 grant in August 2023. The MVP 2.0 Program expands on the climate resilience planning and actions Peabody has completed to date with an emphasis on addressing the root causes of social vulnerability. Through this MVP 2.0 grant, the City will revisit resilience priorities previously identified in 2018, and learn new methods, tools, and resources for building climate resilience, equity, and climate justice in Peabody.