One Year In: Advancing Economic Security and Resiliency

The Security and Resiliency Initiative (SRI) addresses critical vulnerabilities in global supply chains and industrial bases, spurred by geopolitical instability, the COVID-19 pandemic, and the rapid emergence of technologies like AI and quantum computing. Doug Petno, CEO of J.P. Morgan’s Commercial and Investment Bank, explains that the initiative leverages the bank’s capital and advisory capabilities to bridge gaps in essential sectors, such as rare earth magnet production and defense technology. By fostering collaboration between public and private sectors, the initiative aims to secure long-term economic resilience. With a goal to facilitate $1.5 trillion in financing over ten years, the program focuses on creating an interconnected ecosystem of policymakers, industrialists, and innovators to solve complex, systemic challenges that threaten national and global economic stability.