The UK Is Losing the Race Against Devastating Floods
December 13th, 2024
Via Bloomberg, a look at how a first-of-its-kind insurance program bought some in the UK time to shore up flood defenses, but exclusive data shows that isn’t happening quickly enough: About 900 years ago, Medieval monks began resurrecting an expanse of land in southwest England that languished underwater for half the year. Stone by stone, […]
Read more »Copenhagen’s Biggest Climate Threat: Water
December 6th, 2024
Via Terra Daily, a look at how Copenhagen takes on its biggest climate threat — water: In low-lying Copenhagen where rising sea levels, groundwater and rainfall pose a risk to infrastructure, the Danish capital is trying to adapt and protect urban areas from climate change.And Karens Minde park is one of the more than 300 projects […]
Read more »New Orleans’ Striking Advantage in the Age of Climate Change
November 30th, 2024
Courtesy of the New York Times, commentary on New Orlean’s coastal/water challenges in the face of climate change: A unifying theme of this year’s extremely active Atlantic hurricane season, which officially concludes on Saturday, has been the disbelief echoing from the Blue Ridge Mountains to the Ozark plateau. “I had always felt like we were safe from […]
Read more »In Parts of New York City, a Vexing Mix of Stormwater and Sewage Have Made Flooding the ‘New Normal’
November 30th, 2024
Via Inside Climate News, a look at New York where city officials and water management experts are working to stop overflows from New York’s archaic sewer system without really knowing how much worse climate change will make storm surges and extreme rainfall: As climate change intensifies, New York City is increasingly facing weather extremes. Currently, […]
Read more »When Hurricane Helene Hit, This Disaster-Proof Florida Neighborhood Kept The Lights On
October 7th, 2024
Via Fast Company, a look at a new development on Florida’s coast was designed to be as hurricane-proof as possible. So far, it’s working: Last Thursday, when Hurricane Helene hit the small town of Cortez, Florida—about four hours south of the eye of the storm—a storm surge filled the streets with waist-deep water near a […]
Read more »Hurricane Helene Destroyed Roads. Here’s How to Rebuild—and Flood-Proof Them for Next Time
October 5th, 2024
Via Wired, a look at how – as it becomes clear that climate change devastation can hit anywhere – engineers are considering how best to protect vital thoroughfares from intense storms: A week after Hurricane Helene ripped through the southeastern United States, parts of western North Carolina devastated by the storm are still facing more than […]
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.