Results of Los Angeles’ Cool Pavement Experiment
April 26th, 2024
Via Smart Cities Dive, a report on the results of a recent cool pavement experience in Los Angeles in which the covered neighborhood saw cooling benefits, but some researchers contend shade is king when it comes to protecting people from heat: Reflective pavement coating helped cool down one of Los Angeles’ hottest neighborhoods over a year-long […]
Read more »Montreal To Build Its Largest Sponge Park
April 26th, 2024
Via Water Canada, a report on Montreal’s plans to build its largest sponge park in Verdun: The Ville de Montréal is proud to announce that a new sponge park, the largest to date on its territory, will be built in the borough of Verdun. The park, which will be built near Joseph and Dupuis streets, […]
Read more »As Climate Changes, Cities Scramble To Find Trees That Will Survive
April 24th, 2024
Via Grist, an article on efforts for cities to find trees that will survive in era of climate change: Amelia K. Bates / Grist / Getty Images Last fall, I invited a stranger into my yard. Manzanita, with its peeling red bark and delicate pitcher-shaped blossoms, thrives on the dry, rocky ridges of Northern California. The […]
Read more »Buildings as Batteries: How Basic Demand Response Could Shift Peak Demand, Save Billions
April 23rd, 2024
Via Renew Economy, an interesting look at the impact that demand response alongside energy efficiency could have on overall energy savings: Demand response, alongside energy efficiency, is often cited as one of the unsung heroes of the energy transition, thanks to its potential to shift large electricity loads out of periods of peak demand with […]
Read more »Environmental Cost of China’s Addiction to Cement
April 23rd, 2024
Via BBC, a report on the environmental cost of China’s addiction to cement: China’s cities are sinking – apparent victims of their own success. Large swathes of the country’s population now live in major cities that are subsiding at more than 3mm (0.1in) per year, according to a recent study. Some areas are sinking by more than 45mm (1.7in) […]
Read more »Dubai’s Green Paths: A Sensible Start to Mitigating Climate Change
April 23rd, 2024
Via Green Prophet, a look at Dubai’s green paths project: The Green Paths to Future initiative in Dubai spans about 10 miles and stands as a groundbreaking eco-project to redefine Dubai’s urban landscape, spearheading a transformational change in sustainability, liveability and climate resilience. Dubai’s Green Paths to Future initiative was conceived to address the pressing challenges of […]
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.