Archive for the ‘Perils’ Category

Cooling Murals to Reduce Surface Temperature

Now this is a cool project! Students and volunteers from the Yale and New Haven communities recently painted a “cooling mural” on the basketball court at Kimberly Field in the city’s Hill neighborhood. Using a highly reflective paint, the mural reduces surface temperatures and offers some relief on steamy summer days. Enjoy the aerial footage! Led […]

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Traditional Home Insurance Is Collapsing. Here’s What Could Fill the Gap

Via Wired, a report on a new, AI-assisted model of insurance is quietly exploding in disaster-prone areas—and may be coming for FEMA too. Is it the answer to climate change, or a trap? In 2019, when the worst flooding in recorded history spread across the entire Mississippi River basin, Colin Wellenkamp’s phone rang for weeks. Wellenkamp runs a […]

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No Shade, but Cities Aren’t Planting Enough Trees

Via Grist, a look at how the solution to urban heat could be much, much simpler than many people think: Johnny Appleseed was ahead of his time. Not because he fed so many people by planting apple trees (really, he got them drunk instead, as his real goal was encouraging the production of cider), but because […]

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Trees and Greenery Can Cool Cities by as Much as 18°C – but Only If It’s the Right Type

Via The Conversation, a report on the potential for trees and greenery to cool cities: Cities around the world are planting more trees to cope with rising urban heat. But our research shows trees alone are often not enough. In some cases, the wrong kind of greening can even make streets feel less comfortable on a hot […]

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Louisiana’s Shrinking Coast Offers a Narrowing Window for Managed Retreat

Via Yale School of Environment, a report on Louisiana, which is losing its coast faster than anywhere else in the U.S. What happens next could become a blueprint — or a warning — for vulnerable communities around the globe. Louisiana’s coast is disappearing, and its population has already started to retreat. The shoreline, the most […]

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India’s Heat Exposes a Fragile Grid as Energy Crunch Deepens

Via Bloomberg, a look at how extreme heat is impacting India: India is preparing for a blistering summer until monsoon rains arrive in June, with above-normal heat already straining power grids at a time when the country is grappling with energy shortages. Heat waves are forecast to persist for longer than usual in densely populated […]

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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.