NYC Bets Big On Porous Pavement With $32M Flood-Control Project
July 20th, 2024
Via Smart Cities Dive, a look at New York City’s first large-scale implementation of the approach after years of testing different porous pavement products: Dive Brief: New York City hopes to ease flooding with its first large-scale implementation of porous pavement, allowing stormwater to drain into the ground rather than overwhelm the city’s sewer system. Seven miles of road in Brooklyn will be […]
Read more »The Safest Places in the U.S. from Extreme Weather
July 20th, 2024
Via Medium, commentary on some of the safest places in the U.S. from extreme weather: Screenshot of U.S. map created by author of safe places to live away from natural disasters Well, the time has come. After decades of sh*tting on the planet, Mother Earth has finally had enough. Just the other day I was lurking in […]
Read more »Extreme Weather Prompts Growth of Parametric Insurance
July 18th, 2024
Via Cipher News, a look at how extreme weather prompts growth of parametric insurance, offering faster, more flexible payments after disasters: Joemar Flores, a spindly 28-year-old, gestured across his family’s farmland, nestled between a steep hill and a river, and expressed gratitude for the rice paddies in the distance. They’re still there, producing food and […]
Read more »Protecting London A Matter of ‘National Security’ If Extreme Weather Hits
July 17th, 2024
Courtesy of The Financial Times, a look at how climate preparation must be embedded into government’s growth strategy to avoid ‘catastrophic’ impacts: Protecting London from extreme weather is a matter of “national security”, according to an independent report, which found that flooding, drought and wildfires were putting the UK capital’s economy and citizens at risk. […]
Read more »The Critical Role Trees Play During Heat Waves
July 17th, 2024
Via Time, an article on the critical role that trees play during heat waves: My two-year-old is too young to know about climate change. He doesn’t understand what an “urban heat island” is either. He just knows that his papa keeps saying “No” because it’s too hot out to go to our local park in […]
Read more »The Surprisingly Simple Way Cities Could Save People From Extreme Heat
July 16th, 2024
Via Grist, an article on the impact that reflective cool roofs can have on reducing the ‘urban heat island’ effect: The city is a growing paradox. Humanity needs its many efficiencies: People living more densely and taking up less land — with easy access to decarbonized public transportation — collaborating and innovating as urbanites have […]
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.