Hard Truth: India’s Coasts Are Eroding As States Fail To Plan Properly
January 20th, 2025
Via Dialogue Earth, a report on how hard structures are still being built for erosion control in India, despite a national court ruling against them: Arichal Munai Beach lies at the eastern tip of Rameswaram Island, in southern India’s Tamil Nadu state, just past the abandoned village of Dhanushkodi. Looking out onto the Gulf of […]
Read more »How 1.4B Indians Are Adapting To Climate Change
January 6th, 2025
Via The Economist, a look at how Indians are adapting to climate change: The flood waters were rising and Sukanya Ashin realised she had to get out of her house. Her husband tried to open the back door, but it was blocked by shifting mud. So they wrapped their two-year-old in a blanket and waded through […]
Read more »Is America Just Going to Abandon Its Towns Falling Into the Ocean?
January 5th, 2025
Via the New York Times, commentary on growing risk of rising sea levels: In the 1930s, a terrible drought plunged farming communities across the United States into catastrophe. As millions of Americans abandoned their homes, President Franklin D. Roosevelt created something remarkable: the Resettlement Administration, which sought to move entire communities to newly built towns […]
Read more »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 »'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.