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 »Dubai to Boost Rainwater Drainage System with $8.2B Project
June 26th, 2024
Via Reuters, a report on Dubai’s plans to boost its rainwater drainage system with $8.2 billion project: Dubai will spend 30 billion dirhams ($8.2 billion) to boost its rainwater drainage system after the Gulf city was hit by the heaviest downpours recorded in the UAE in 75 years in April. Dubai, widely considered the Gulf’s tourism and […]
Read more »Keeping Stormwater at Bay: A Brooklyn Green Roof Offers a Look at a Climate Resilient Future
June 15th, 2024
Via Inside Climate News, an article on how green infrastructure mitigates the impacts of stormwater on New York City’s sewer systems, limiting the flow of sewage to local waterways: Every Friday afternoon, the Kingsland Wildflower Green Roof opens its doors to the local community. Tall grass and brightly-colored flowers greet visitors after their four-floor trek […]
Read more »Investments in Miami-Dade’s Tree Canopy Are Taking Root
May 4th, 2024
Via the Miami Herald, commentary from the Mayor of Miami on efforts to green the city: Miami-Dade County has come a long way in terms of recognizing the importance of reforestation and growing our tree canopy. What once was considered a beautification effort is now widely understood as an essential part of building a more […]
Read more »Toronto Wants to Manage Storms and Floods—With a Rain Tax
April 14th, 2024
Via Canada’s National Observer, an article on the outcry in Toronto that reached such a crescendo last week that the city canceled public hearings on the tax, which is intended to help offset the hundreds of millions spent managing stormwater and basement flooding: A plan to charge Toronto homeowners and businesses for paved surfaces on […]
Read more »Slow Water: Can We Tame Urban Floods By Going With The Flow?
April 12th, 2024
Via The Guardian, a look at urban flooding: After epic floods in India, South Africa, Germany, New York and Canada killed hundreds in the past year, droughts are now parching landscapes and wilting crops across the western US, the Horn of Africa and Iraq. The responses have included calls for higher levees, bigger drains and longer aqueducts. But these concrete interventions aimed at controlling water are […]
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.