Archive for the ‘River Flooding’ Category

Banks Are Finally Realizing What Climate Change Will Do to Housing

Via Wired, a report on how extreme weather threatens the investment value of many properties, but financing for climate mitigation efforts are only just getting going: Rising sea levels, biodiversity collapse, extreme weather—these are the grisly horsemen of climate apocalypse. But don’t forget the fretting loan officers. A study published earlier this year found that US mortgage […]

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Radical Adaptation: Transforming Cities for a Climate Changed World

Via Noema, commentary on society’s tendency to keep rebuilding (and subsidizing) areas that are all but certain to flood again, to burn again, to fall into the ocean? It’s time to rethink climate adaptation, with retreat as the first step: In the months after Hurricane Katrina, New Orleans proposed a flood control program unlike any […]

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Toronto Wants to Manage Storms and Floods—With a Rain Tax

Via Canada’s National Observer, an article on the outcry in Toronto that reached such a crescendo last week that the city canceled public hearings on the tax, which is intended to help offset the hundreds of millions spent managing stormwater and basement flooding: A plan to charge Toronto homeowners and businesses for paved surfaces on […]

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Slow Water: Can We Tame Urban Floods By Going With The Flow?

Via The Guardian, a look at urban flooding: After epic floods in India, South Africa, Germany, New York and Canada killed hundreds in the past year, droughts are now parching landscapes and wilting crops across the western US, the Horn of Africa and Iraq. The responses have included calls for higher levees, bigger drains and longer aqueducts. But these concrete interventions aimed at controlling water are […]

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Global Warming Is Coming For Your Home

Via The Economist, a report on climate change’s impact on housing: Think about the places vulnerable to climate change, and you might picture rice paddies in Bangladesh or low-lying islands in the Pacific. But another, more surprising answer ought to be your own house. About a tenth of the world’s residential property by value is under threat from global […]

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In Florida, Skyrocketing Insurance Rates Test Resolve of Homeowners in Risky Areas

Courtesy of Inside Climate News, an article on new research showing the soaring costs hint at widespread, unpriced risk as the global climate warms, with states like California, Florida and Louisiana hit hardest: For most of his life, Cory Infinger has lived down a hill and along a bend in the Little Wekiva River, a […]

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Black Swans / Green Shoots examines the collision between urbanization and resource scarcity in a world affected by climate change, identifying opportunities to build sustainable cities and resilient infrastructure through the use of revolutionary capital, increased awareness, innovative technologies, and smart design to make a difference in the face of global and local climate perils.

'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.