Silent Impact of Underground Climate Change on Urban Infrastructure
March 3rd, 2024
Via The Cool Down, a report on an additional impact of urban heat islands: “You don’t need to live in Venice to live in a city that is sinking.” A study unveiled a hidden danger that could wreak havoc on major cities around the world. What happened? Researcher Alessandro Rotta Loria, an assistant professor of […]
Read more »Jakarta: Striving To Avoid Becoming Next Atlantis
January 26th, 2024
Via Onewater, an article on Jakarta’s efforts to adapt to increasing subsidence Jakarta — the fastest-sinking city in the world — has finally taken action on its core land subsidence problem when groundwater free zones for highrise buildings will start to be established in August this year. If the government accelerates the provision of piped- water to all residents […]
Read more »Critical Infrastructure Is Sinking Along the US East Coast
January 5th, 2024
Courtesy of Wired, a look at how – up and down the Atlantic Coast – the land is steadily sinking, or subsiding. That’s destabilizing levees, roads, and airports, just as sea levels are rising. Unless you’re sinking into quicksand, you might assume that the land beneath your feet is solid and unmoving. In actual fact, […]
Read more »The World’s Fastest-Sinking Megacity Has One Last Chance to Save Itself
December 11th, 2023
Courtesy of Bloomberg, a look at how parts of Jakarta are subsiding at unprecedented speed. The longshot fix rests with noodle billionaire Anthoni Salim: Venice is sinking. So are Rotterdam, Bangkok and New York. But no place compares to Jakarta, the fastest-sinking megacity on the planet. Over the past 25 years, the hardest-hit areas of […]
Read more »How Cities Are Trying To Stop Their Land From Sinking
June 20th, 2023
Courtesy of The Washington Post, a look at how some cities are putting water back into the ground, a process called managed aquifer recharge, to stabilize land subsidence: Groundwater has historically been a lifeline in California’s Coachella Valley. Water for farming, for your home and community? It came from under your feet, but the extractions […]
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.