Financial Models On Climate Risk ‘Implausible’, Say Actuaries
July 4th, 2023 Courtesy of The Financial Times, an article on the limitations of financial models currently used for climate risk: Financial institutions often did not understand the models they were using to [...]
Massachusetts City Mandates Net-Zero Emissions For Some Large Buildings By 2035
July 3rd, 2023 Via Smart Cities Dive, a report that Cambridge, Massachusetts has mandated net-zero emissions for some large buildings by 2035: Cambridge, Massachusetts, on Monday adopted requirements that all [...]
AstraZeneca To Invest $400M To Plant 200 Million Trees
July 3rd, 2023 Via Greenbiz.com, a report on AstraZeneca’s ambition plans to expand a global reforestation program to support its 2045 net-zero and nature goals: AstraZeneca has expanded its global [...]
Carbon Counter: Cool Heads Needed for Air-Conditioning Conundrum
July 2nd, 2023 Courtesy of The Financial Times, commentary on how increasing air-con penetration could have significant impacts on emissions — but there is plenty that can be done to mitigate it: Climate change [...]
The Choice Between A Poorer Today and A Hotter Tomorrow
July 2nd, 2023 Via The Economist, a look at the huge amount of investment needed to help developing countries go green: Suppose for a minute, that you are a finance minister in the developing world. At the end of a [...]
Burning Question: Will Texas Become Too Hot For Humans?
July 1st, 2023 Via BBC Future, commentary on how much hotter Texas – currently in the grip of a relentless heatwave – could get in years to come: It’s 9.15 pm in San Antonio on 17 June. At this time, [...]

ABOUT
BLACK SWANS GREEN SHOOTS
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.