Harnessing Nature To Cool Cities: Parks For Tomorrow
June 18th, 2024
Via Harvard Magazine, an article on how nature can help cool cities: IN 2009, Bas Smets walked across an old industrial plaza in Arles, France. Entirely concrete, the space posed a problem. The area was being transformed into a large art complex, but in the intense summer sun, the ground reflected the heat, doubly baking […]
Read more »Banks Are Finally Realizing What Climate Change Will Do to Housing
June 17th, 2024
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 […]
Read more »Keeping Stormwater at Bay: A Brooklyn Green Roof Offers a Look at a Climate Resilient Future
June 15th, 2024
Via Inside Climate News, an article on how green infrastructure mitigates the impacts of stormwater on New York City’s sewer systems, limiting the flow of sewage to local waterways: Every Friday afternoon, the Kingsland Wildflower Green Roof opens its doors to the local community. Tall grass and brightly-colored flowers greet visitors after their four-floor trek […]
Read more »America’s Largest Renewable Energy-Powered Transit Depot
June 14th, 2024
Via AlphaStruxure, a look at the U.S.’s largest renewable energy-powered transit depot: Welcome to the Equipment Maintenance & Transit Operation Center microgrid Fast facts Location: Derwood, Montgomery County, MD Size: 5.5 MW of solar generation with 2 MW battery storage Timeline: Construction to last about 1 year, operational by Fall 2025 Project Superlatives #1 largest renewable energy-powered transit depot […]
Read more »Researchers Are Reinventing Glass For A Warmer World
June 13th, 2024
Via Anthropocene Magazine, a look at how scientists have devised a window coating that looks like frosted glass but is brighter, provides cooling to reduce reliance on air-conditioning, and does not require cleaning: Glass walls are great for letting in natural light and brightening up living rooms and offices. But they are not the best […]
Read more »How Battery-Swap Networks Are Preventing Emergency Blackouts
June 11th, 2024
Via MIT Technology Review, a look at how Taiwan’s Gogoro’s 12,500 green-and-white battery-swap stations – built to allow users of electric scooters to drop off an empty battery and get a fully charged one immediately – automatically stopped drawing electricity to stabilize the grid after the 7.4 magnitude earthquake there this April: On the morning […]
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.