Protecting London A Matter of ‘National Security’ If Extreme Weather Hits
July 17th, 2024
Courtesy of The Financial Times, a look at how climate preparation must be embedded into government’s growth strategy to avoid ‘catastrophic’ impacts: Protecting London from extreme weather is a matter of “national security”, according to an independent report, which found that flooding, drought and wildfires were putting the UK capital’s economy and citizens at risk. […]
Read more »Rising Seas, Subsidence, and Our Crumbling Shores
July 10th, 2024
Via Earth Island, a report on rising seas, subsidence, and our crumbling shores: THIS SPRING, I found myself on a nature run in Junipero Serra Park, in San Bruno, a small town on the peninsula south of San Francisco. The park is a leafy-green oasis amid a crowded, affluent part of the Bay Area: shaded […]
Read more »Climate Havens: Can Some Cities Provide A Refuge From Extreme Weather?
July 1st, 2024
Via BBC, a report on whether those cities which are advertising themselves as ‘climate havens’ actually protect residents from extreme weather: Over the past few years, the city of Buffalo, New York, has been all over the headlines. But instead of US media focusing only on the city’s occasional epic snowstorm, Buffalo is making news […]
Read more »Rising Sea Levels Will Disrupt Millions of Americans’ Lives by 2050
June 26th, 2024
Via The Guardian, an article on how floods could leave coastal communities in states like Florida and California unlivable in two decades: Sea level rise driven by global heating will disrupt the daily life of millions of Americans, as hundreds of homes, schools and government buildings face frequent and repeated flooding by 2050, a new study has found. Almost 1,100 […]
Read more »The “Venice of Africa” Is Sinking Into The Sea
June 25th, 2024
Via The Economist, a look at how many of Africa’s megacities are being swamped by rising oceans: It may not look like much anymore, but in its heyday La Chaumière was the “premier nightclub in all Saint Louis”, recalls Cheikh Badiane. When the ocean tide was low, the long beach extending far into the distance […]
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 »'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.