Bangkok Turns To Urban Forests To Beat Worsening Floods
October 20th, 2024
Via Mongabay, a report on Bangkok’s use of urban forests to address flooding: Bangkok is launching city forests to help beat flooding by soaking up excess rainwater runoff. A new park slated to open in December will feature 4,500 trees, a floodplain and a weir to slow the flow of water; another newly opened $20 […]
Read more »Climate Change Is Destroying American Homes. Who Should Have To Move?
October 2nd, 2024
Via Grist, commentary on how it’s unfair to force people out of their homes, but we have to do it anyway: Consider the following scenario: A local government wants to relocate a neighborhood that is vulnerable to climate change. The streets have flooded several times in recent years during major storms, and projections indicate that […]
Read more »Climate Migration Is Here. The U.S. Must Invest Accordingly
September 30th, 2024
Via The Washington Post, commentary on the need for the U.S. to realistically assess which geographies are becoming unlivable and which are well suited to larger population settlement. It should then offer incentives for migration toward the latter and away from the former — and direct infrastructure spending accordingly. This week, parts of the Pacific […]
Read more »Baltimore Is Investing in Wetlands Restoration, a Climate Line of Defense
September 28th, 2024
Via Inside Climate News, a report on wetlands restoration and shoreline rehabilitation efforts in South Baltimore which promise to make communities resilient against climate change and severe weather while spawning new green spaces. Scientists say it’s a new science that needs careful and closer scrutiny. Brad Rogers and Brett Berkley stepped carefully on the gravel […]
Read more »On-the-Move Americans Are Unwitting Storm Chasers
September 20th, 2024
Via the Wall Street Journal, a look at – as more people relocate to states exposed to natural disasters – the property investors following them are assuming bigger risks: Is it better to inherit property in Miami or Detroit? Florida’s much higher home prices mean the answer is obvious today. But intensifying storms and rising sea levels […]
Read more »Climate Security = National Security: Securing Our Future in a Hotter, More Dangerous World
September 10th, 2024
Courtesy of Scientific American, commentary on how defending the U.S. is much more complicated in an era of climate change: Flying by helicopter over the Greenland ice sheet, I am struck by its vast expanse of whiteness. But as I look closer I see that much of the ice is dotted with bright blue pools. […]
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.