Why New York and Other Cities Still Aren’t Prepared For Floods
September 30th, 2023
Via The Verge, commentary on why cities shouldn’t be caught off guard but often are with floods: New York City came to a grinding halt Friday as floods shut down roads and subways and inundated schools in one of the biggest storm-related emergencies since the remnants of Hurricane Ida hit in 2021. It isn’t a problem that’s unique to […]
Read more »New York’s Bluebelt Program
September 30th, 2023
As New York City experiences intense rainfall, it is instructive to look at Staten Island and one of the really successful measures that has been accomplished: the blue belt network. It’s a really great solution for handling intense rainfall and filtering water and water quality and biodiversity. But it’s not the kind of thing that […]
Read more »New York Needs to Get Spongier—or Get Used to More Floods
September 29th, 2023
Via Wired, a report on how devastating deluges around the world point to the metropolis of tomorrow: the “sponge city.” Think more parks and fewer parking lots. TWO YEARS AFTER the remnants of Hurricane Ian dumped up to 10 inches of rain on New York City in just two hours, the metropolis is once again inundated today by extreme […]
Read more »Water Authority Moves To Conserve On Cooling Systems In Southern Nevada
September 25th, 2023
Via the Las Vegas Sun, a report that the Southern Nevada Water Authority has banned high-consumption evaporative systems in new commercial buildings amid drought: The Southern Nevada Water Authority has banned evaporative cooling in new commercial buildings because the systems are one of largest consumers of water in Clark County. The ban went into effect […]
Read more »How to Cool Down a City
September 22nd, 2023
Courtesy of the New York Times, an article looking at Singapore’s efforts to tackle urban heat: Singapore is rethinking its sweltering urban areas to dampen the effects of climate change. Can it be a model? Singapore’s prime minister has described climate change as “life and death.” He has reason to worry: Stifling temperatures and humidity […]
Read more »Which Cities Will Still Be Livable In A World Altered By Climate Change?
September 22nd, 2023
Courtesy of National Geographic, an article on how northern U.S. communities may not be completely immune to a warming world, but they are well-placed to meet the needs of an influx of climate migrants: Before September 2017, Dianiz Roman and Wilfredo Gonzalez had never given a moment’s thought to leaving Aguadilla, the couple’s hometown in […]
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.