Paris When It Sizzles: The City of Light Aims to Get Smart on Heat
July 26th, 2023
Via Yale e360, a report on how Paris – with its zinc roofs and minimal tree cover – was not built to handle the new era of extreme heat, but is now looking at ways to adapt to rising temperatures — planting rooftop terraces, rethinking its pavements, and greening its boulevards: There’s a long tradition […]
Read more »Why Someday We May Be Storing Carbon in Sidewalks
July 26th, 2023
Via The Washington Post, a report on two tech companies just demonstrated that it’s possible to take CO2 from the air and store it in concrete: There is a big climate problem right under your feet. Manufacturing the cement that goes into sidewalks, driveways and other structures accounts for about 8 percent of global carbon […]
Read more »New York City Has America’s Worst Heat Islands
July 26th, 2023
Via Gothamist, an article on New York city’s heat island effects: When it comes to blistering metropolitan temperatures, New York has the worst existing conditions — known as urban heat island effects — relative to any other major U.S. city. That’s the takeaway from a new analysis by the research nonprofit Climate Central, which looked […]
Read more »Cement Warms the Planet; A Green Version Just Received a Key Nod of Approval
July 26th, 2023
Via The Washington Post, a report on how one of the biggest challenges to decarbonizing cement isn’t technological, but rather getting builders to trust the alternatives: Companies are finding more environmentally friendly ways to make cement, which accounts for about a twelfth of global carbon dioxide emissions, making it worse for the climate than flying. Now they have […]
Read more »Extreme Heat Shows the Need for Another Kind of Climate Investment
July 25th, 2023
Courtesy of The New York Times, an article on the need to shift climate finance from mitigating climate change to helping people adapt to the effects of global warming: As heat waves gripped three continents this week, venturing outside for even a few minutes in Phoenix, Rome or a town in northwest China at times meant risking heatstroke or […]
Read more »How Cities Can Prepare For Underground Climate Change
July 24th, 2023
Courtesy of Fast Company, an interesting report on a new study showing that soil is getting hotter, and our buildings are paying for it: The urban heat island effect has been thoroughly documented: Heat from the sun gets reflected and absorbed by buildings and roads, which heat up during the day and release heat at night, […]
Read more »'Black Swans' are highly improbable events that come as a surprise, have major disruptive effects, and that are often rationalized after the fact as if they had been predictable to begin with. In our rapidly warming world, such events are occurring ever more frequently and include wildfires, floods, extreme heat, and drought.
'Green Shoots' is a term used to describe signs of economic recovery or positive data during a downturn. It references a period of growth and recovery, when plants start to show signs of health and life, and, therefore, has been employed as a metaphor for a recovering economy.
It is my hope that Black Swans / Green Shoots will help readers understand both climate-activated risk and opportunity so that you may invest in, advise, or lead organizations in the context of increasing pressures of global urbanization, resource scarcity, and perils relating to climate change. I believe that the tools of business and finance can help individuals, businesses, and global society make informed choices about who and what to protect, and I hope that this blog provides some insight into the policy and private sector tools used to assess investments in resilient reinforcement, response, or recovery.