Jakarta: Striving To Avoid Becoming Next Atlantis
January 26th, 2024
Via Onewater, an article on Jakarta’s efforts to adapt to increasing subsidence Jakarta — the fastest-sinking city in the world — has finally taken action on its core land subsidence problem when groundwater free zones for highrise buildings will start to be established in August this year. If the government accelerates the provision of piped- water to all residents […]
Read more »Hot Sun, Cool Paths
January 26th, 2024
Via Australia’s The Age, a look at Australian efforts to tackle extreme heat: If you look closely when you hop off the tram at the Australian Open, you’ll notice the platform is painted light grey. It’s a surface coating called CoolSeal, a product designed to reduce ambient temperatures by reflecting the sun to produce cooler […]
Read more »London: Underprepared For Extreme Weather
January 21st, 2024
Via BBC, a report on London’s lack of preparedness for extreme weather: London is “underprepared” for the impact of climate change such as severe flooding and extreme heat, a climate research group has found. The London Climate Resilience Review has also said this lack of planning will create a “lethal risk” to the most vulnerable […]
Read more »Opinion: World’s Cities Are Not Ready For Climate Change
January 18th, 2024
Courtesy of The Financial Times, commentary on the urgent need for urban areas to rapidly become more resilient to rising temperatures: Think of climate change, and the mind instantly tends to go to melting ice caps, arid plains, forest fires and sinking tropical islands. But the impact of rising temperatures will not only be felt […]
Read more »Energy Impact of Urban Heat Mitigation Technologies
January 16th, 2024
Courtesy of Nature, a new journal article on the energy impact of urban heat mitigation technologies: Abstract Advanced urban heat mitigation technologies that involve the use of super-cool materials combined with properly designed green infrastructure lower urban ambient and land surface temperatures and reduce cooling consumption at the city scale. Here we present the results […]
Read more »Extreme Heat is Pushing India To The Brink of ‘Survivability’
January 8th, 2024
Via CNN, a look at how extreme heat is pushing India to the brink of ‘survivability’, but one obvious solution is also a big part of the problem: When blistering extreme heat gripped India’s capital this summer, Ramesh says he felt faint but had no option other than to keep on toiling under the burning […]
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.