New Storm-Resistant Street With ‘Porous Pavement’ In New York
June 20th, 2023
Via the Gothamist, a look at a new storm-resistant street with ‘porous pavement’ in Rockaway, just in time for hurricane season: The city unveiled a new storm-resistant street last week along an area of Rockaway that was flooded and destroyed in 2012 by Hurricane Sandy. A short strip of Beach 108th Street has now been […]
Read more »Biden Unveils Climate Resilience Investment Plan
June 20th, 2023
Via Environmental Leader, a report on a new plan to help coastal and Great Lakes communities in the United States become more resilient to extreme weather and climate catastrophes including through energy, building, and infrastructure improvements: The White House outlined plans for the $575 million Climate Resilience Regional Challenge, which will help coastal and Great […]
Read more »Toronto’s Green Revolution: Harnessing Nature-Based Solutions for a Sustainable Urban Future
June 19th, 2023
Via Medium, a look at how Toronto is using nature-based solutions such as green roofs to build a sustainable urban future: Green roofs offer a multitude of environmental benefits. They serve as natural sponges, absorbing rainwater, reducing runoff, and mitigating urban flooding. By providing insulation, they help in reducing energy consumption and combatting the urban […]
Read more »As We Build harder, Hotter Cities: It’s Vital To Protect and Grow Urban Green Spaces
June 19th, 2023
Via The Conversation, an article on the importance of urban green spaces: Recent extreme weather events have provided a foretaste of how supercharged storms might threaten our future. So the release today of a new report from the Parliamentary Commissioner for the Environment (PCE) is very good timing. Titled “Are we building harder, hotter cities? The vital […]
Read more »Hurricane Resilience: Hiding In Plain Sight
June 19th, 2023
Via Fast Company, a look at how leaders can explore and leverage green infrastructure to prepare for storm resilience? Preparation is an essential element of being a successful CEO. Preparation enables us to take advantage of opportunities, and it’s also essential to help our businesses withstand disasters of all kinds—including natural disasters. June 1 marks […]
Read more »Is Green The New Black? Developers Rush To Make Offices Energy Efficient
June 19th, 2023
Via South China Morning Post, an article on how Hong Kong developers are rushing to make offices energy efficient to shrink carbon footprint, fight for tenants amid glut: Hong Kong’s government has set a goal to reduce buildings’ electricity consumption by 20 per cent to 40 per cent by 2050 from their 2015 levels Vacancies […]
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.