Cities Should Bank on Climate Resilience

By Andrew Eil & Stacy Swann This week, the Rockefeller Foundation’s 100 Resilient Cities (100 RC) program is convening nearly 500 urban resilience leaders from cities around the world, including 80 Chief Resilience Officers, in New York to discuss, share, and develop new resilience solutions for cities. In our last blog post, we discussed the concept of bankability: “Bankability” implies that lenders and investors believe the risk exposure of a project does not outweigh its return potential. Bankability as a concept is not only relevant to private developers in their quest to finance their projects, but also to cities trying [...]

2017-07-28T12:09:32-04:00July 28th, 2017|Cities, Climate Risk|

Is Your Project Still “Bankable” if It Isn’t Climate Resilient?

The Task Force on Climate Related Financial Disclosures issued its final report last week after looking at the issue of climate risk in the financial system.  Comprised of private sector finance and industry leaders, the Task Force recommends that companies and financial institutions of all types adopt common climate-related financial disclosure practices as a way to support informed and efficient capital allocation decisions.  Disclosure of climate-related risks falls primarily into two categories: first, the risks arising from the necessary transition to a low-carbon economy and the possible shocks that might occur from moving out of fossil-based energy systems and into [...]

2017-07-05T13:26:54-04:00July 5th, 2017|Greening Finance|
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