Financing Climate Adaptation and Resilience
January 15th, 2025
Via Impact Alpha, a look at one investor focused on financing climate adaptation and resilience: When Jay Koh cofounded The Lightsmith Group in 2016, few people were talking about the need to invest in solutions to help people adapt to a changing climate. Eight years later, “climate adaptation” is the topic du jour. The dark […]
Read more »The Ordinary Ceiling Fan May Be an Extraordinary Cooling Solution
January 8th, 2025
As global temperatures rise, ceiling fans are essential for millions who lack access to air conditioning. In India, for example, nearly 90% of households use ceiling fans. By 2038, an estimated 950 million fans will be installed across the country — more than double the number in 2017. Adopting super-efficient ceiling fans on a large […]
Read more »Urban Forests: Planting The Wrong Trees In the Wrong Places Can Diminish Cooling Benefits
January 8th, 2025
Via Anthropocene Magazine, commentary on the first comprehensive global study of the effect of trees on urban temperature, in which researchers discovered that in hot, compact cities, narrow species and sparse planting strategies work best: Urban trees need to be planted strategically to maximize their ability to help keep cities cool, according to a new […]
Read more »The Business Case For Saving Coral Reefs
January 6th, 2025
Via Grist, an interesting look at a growing body of research shows the nation’s coral reefs protect $1.8 billion in economic assets each year and should be protected for our sake and their own: Days after hurricanes Irma and Maria tore through Puerto Rico in 2017, Ernesto Diaz formed a team to survey what the Category […]
Read more »Insurers Are Deserting Homeowners as Climate Shocks Worsen
January 6th, 2025
Via the New York Times, a report on how climate shocks are impacting home ownership as – without insurance, it’s impossible to get a mortgage; without a mortgage, most Americans can’t buy a home: The insurance crisis spreading across the United States arrived at Richard D. Zimmel’s door last week in the form of a […]
Read more »The Future of Urban Housing Is Energy-Efficient Refrigerators
January 3rd, 2025
Via MIT Technology Review, a look at how adapting old, energy-inefficient buildings is less sexy but far greener than many high-tech solutions: The scars and pockmarks of the aging apartments and housing units under the purview of the New York City Housing Authority don’t immediately communicate the idea of innovation. The largest landlord in the […]
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.