Equity means quite different things to two stakeholders I work with the most: Investors who deal in debt and equity and seek to benefit from the risk and opportunity that climate change creates. Urban planners and nonprofits dealing in social equity and cohesion and eager to…
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A huge barrier to cities taking major steps to become more climate-resilience is how to pay for the projects that are needed. How will they get more money from taxpayers and users of water, energy, and other public services? How will they borrow money from capital…
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2017 was quite a year for extreme events. Shocks and stresses from 16 events that each triggered over $1 billion in damages and took their toll on lives and livelihoods in the United States alone. And it wasn’t just hurricanes, although Hurricanes Irma, Harvey and Maria played…
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Walking through my Midwestern neighborhood, I spy innovations that suggest we are up to the challenges that a changing climate triggers. I see storm sewers with “rain blockers” that delay rainwaters’ approach to them during and after big rains; “permeable alleys” that absorb water through pores…
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What about credit rating agencies as a market actor to inspire climate resilience? Already, the 11 recommendations by the Task Force on Climate-Related Financial Disclosure – sorted into Governance, Strategy, Risk Management and Metrics/Targets – are sinking into the market. Many are turning to the credit…
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February 19, 2018 | Climate Adaptation, Finance, Innovation Network for Communities, Urban Operating System
The Innovation Network for Communities (INC) and Meister Consultants Group (MCG), in partnership with Ramboll, are undertaking a research project to identify opportunities to accelerate development of the financial resources cities need to support extensive urban climate adaptation. We define this as the capacity to repurpose,…
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