China: Making Cities ‘Spongy’ Could Help Fight Flooding
October 5th, 2023
Courtesy of NPR, a report on China’s ‘sponge city’ effort: In the shade of a willow tree, Li Tao and his buddy dabble lines in a slow-moving river channel and occasionally pull out a tiny fish. “It’s good to have a place like this for people to relax,” says Li, his shirt off in the […]
Read more »Why New York and Other Cities Still Aren’t Prepared For Floods
September 30th, 2023
Via The Verge, commentary on why cities shouldn’t be caught off guard but often are with floods: New York City came to a grinding halt Friday as floods shut down roads and subways and inundated schools in one of the biggest storm-related emergencies since the remnants of Hurricane Ida hit in 2021. It isn’t a problem that’s unique to […]
Read more »New York’s Bluebelt Program
September 30th, 2023
As New York City experiences intense rainfall, it is instructive to look at Staten Island and one of the really successful measures that has been accomplished: the blue belt network. It’s a really great solution for handling intense rainfall and filtering water and water quality and biodiversity. But it’s not the kind of thing that […]
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.