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 »New York Needs to Get Spongier—or Get Used to More Floods
September 29th, 2023
Via Wired, a report on how devastating deluges around the world point to the metropolis of tomorrow: the “sponge city.” Think more parks and fewer parking lots. TWO YEARS AFTER the remnants of Hurricane Ian dumped up to 10 inches of rain on New York City in just two hours, the metropolis is once again inundated today by extreme […]
Read more »Which Cities Will Still Be Livable In A World Altered By Climate Change?
September 22nd, 2023
Courtesy of National Geographic, an article on how northern U.S. communities may not be completely immune to a warming world, but they are well-placed to meet the needs of an influx of climate migrants: Before September 2017, Dianiz Roman and Wilfredo Gonzalez had never given a moment’s thought to leaving Aguadilla, the couple’s hometown in […]
Read more »New York City’s $52B Plan To Save Itself From The Sea
September 20th, 2023
Courtesy of The Guardian, an article on New York City’s plan to protect the region from rising waters: The retired FDNY firefighter Patrick Kilgallen remembers the night well. In late October 2012, the approach of Hurricane Sandy up the US Eastern Seaboard coincided with a spring tide, propelling a surge of storm water that crashed into New […]
Read more »China’s ‘Sponge Cities’ Aim To Re-Use 70% of Rainwater
August 15th, 2023
Via The Conversation, an article on Chinese ‘sponge cities’: Asian cities are struggling to accommodate rapid urban migration, and development is encroaching on flood-prone areas. Recent flooding in Mumbai was blamed in part on unregulated developmentof wetlands, while hastily built urban areas are being affected by flooding across India, Nepal, and Bangladesh. This is not a trend only in developing […]
Read more »Stormwater Reform Won’t Be Enough – We Need ‘Sponge Cities’ To Avoid Future Disasters
August 15th, 2023
Via The Conversation, a look at how – during the 2023 Auckland floods – people recognized that even stormwater reform won’t be enough and there is a need for ‘sponge cities’ to avoid future disasters: We’ve built our cities to be vulnerable to – and exacerbate – major weather events such as the one we […]
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.