Cities Eye Tech, Transit On Path To Environmental Resilience October 11th, 2023
Via Deloitte, a report on Deloitte”s Urban rethink which surveyed 200 city leaders and 2000 citizens globally, and delves into ways in which cities can achieve equitable climate actions:
In an effort to help tackle the growing challenges of pollution, flooding, and water scarcity, urban leaders are emphasizing environmental resilience.
Most cities surveyed report reduction of pollution as a key area of their environmental resilience plan. Water pollution, flooding, and scarcity are top-of-mind issues for nearly three-fourths of the city leaders surveyed. Flooding and water scarcity are massive challenges in African, Asian, Latin American, and MENA cities. The exposure to physical risks due to climate change and extreme weather events to a city’s critical infrastructure is a growing administrative challenge globally. And it will likely guide environmental policy-making in the coming years.
Prioritizing spending areas
Many surveyed cities are spending on technologies that can help with real-time monitoring of water quality, air quality, and temperature.However,the urgency and criticality of building environmental resilience have not transformed into investments in technologies that can help track and monitor climate and environmental events. Less than one-third of cities surveyed are investing in such technology systems.
Focusing on public transit
Cities may need to change the way they view urban infrastructure development, shifting away from car dependency, to encourage walking and biking as safe alternatives. Getting riders come back to public transit will be an important priority for many cities.
This could require cities to refocus on transportation networks to address the changing needs to hybrid work while ensuring they remain accessible, affordable, and flexible. A shift toward private transport modes, such as e-scooters, should be carefully planned and regulated, drawing on lessons learned from cities that have experienced hypergrowth of e-scooters in recent years.
This entry was posted on Wednesday, October 11th, 2023 at 1:37 pm and is filed under Opportunities, Resilient Infrastructure. You can follow any responses to this entry through the RSS 2.0 feed.
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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.