Traditional Home Insurance Is Collapsing. Here’s What Could Fill the Gap
June 16th, 2026
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 […]
Read more »Taking On Water: Can Sponge Cities Save Us from the Coming Floods?
April 25th, 2026
Courtesy of The New Yorker, a look at how – as the planet gets warmer and the rains fall harder – the future of flood control is looking less like a wall and something more like a park: On October 29, 2025, the Metropolitan Transportation Authority released an update to its Climate Resilience Roadmap. In […]
Read more »Climate ‘Shock’ Is Eroding Some Home Values. New Data Shows How Much.
November 19th, 2025
Via New York Times, a look at how climate ‘shock’ is eroding home values: Even after she escaped rising floodwaters by wading away from her home in chest-deep water during Hurricane Rita in 2005, Sandra Rojas, now 69, stayed put. A fifth-generation resident of Lafitte, La., a small coastal community, she raised her home with […]
Read more »New York Is Going to Flood. Here’s What the City Can Do to Survive.
October 17th, 2025
Via New York Times, a look at New York City’s flooded future: The waters surrounding New York allowed it to grow into an economic powerhouse. But what has been a blessing is increasingly a threat, as flooding becomes one of the city’s greatest challenges. By 2080, nearly 30 percent of the city’s land mass could […]
Read more »A Conversation with Dr. Kongjian Yu on Restoring Our “Sponge Planet”
July 22nd, 2025
Via China Water Risk, an interview with the “Father of Sponge Cities to see how concrete cities can become better-equipped for extreme rainfall & flash floods: After witnessing grey infrastructure collapse in the 1998 Yangtze floods, Dr. Yu developed the idea of a “sponge city” to restore water’s natural flows; Today it’s been adopted as […]
Read more »How Do You Stop A Megacity From Going Under Water?
April 1st, 2025
Via BBC, a report on Bangkok, a megacity going under water: Bangkok is a mega city of more than 10 million people, the economic powerhouse of Southeast Asia and one of the world’s most visited cities. Billions of dollars worth of new luxury real estate is planned as huge skyscrapers pierce the sky and become […]
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.