Science has given the Financial Sector a Clear Horizon to Act on Climate Change

From a financial perspective, the latest Intergovernmental Panel on Climate Change (IPCC) report, issued on Monday by the UN, should raise alarm bells.  The IPCC report – which reflects the consensus of ninety-one scientists from 40 countries and drawn from more than 6,000 studies – has very clearly laid out our collective time horizon:  we may [...]

2018-10-17T18:14:01+00:00October 13th, 2018|Climate Risk, Greening Finance|

To Address Rising Sea Levels and Depressed Home Values on the East Coast, Resilient Infrastructure Investment Is Needed

October 9, 2018 This weekend, Bloomberg published a stunning article on the imperiled state of Miami-Dade’s fresh water supply due to rising seas. This reportage threw into stark relief a welter of climate change-related threats to coastal communities and private real estate holdings, particularly on the Atlantic seaboard of the United States. Only clear-eyed management [...]

2018-10-12T01:17:23+00:00October 9th, 2018|Cities, Climate Risk|

How do you make the financial business case for the private sector to invest in resilience?

October 3, 2018 Last week’s Climate Week NYC played host to 35 official events on private investment for climate change and countless satellite gatherings, from the Sustainable Investment Forum to Climate Infrastructure. The topic has gained currency as municipal governments grapple with deferred maintenance of infrastructure, public pension liabilities, and other expenditures, ten years after [...]

2018-10-03T15:35:03+00:00October 3rd, 2018|Climate Risk|

As Climate Risk Looms for the Financial Industry, Governments at all Levels Spring into Action

September 12, 2018 True market transformation often requires parallel and, in a perfect world, coordinated efforts by both policy makers and industry.  The financial sector plays a key role in catalyzing these efforts.  More often than not, this effort requires true leadership, courage, and vision that cannot be taken for granted. This week’s Global Climate [...]

2018-10-03T15:36:22+00:00September 12th, 2018|Climate Risk|

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 [...]

2017-07-28T12:09:32+00:00July 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 [...]

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

Good Project Preparation Maximizes Financial Viability/Bankability

By Stacy Swann and Brandon Yeh The differences between financing large scale energy infrastructure and small- or medium sized energy projects cannot be overstated. And yet, in many parts of the world, access to basic and modern energy services – including lighting and cooking – is provided specifically through smaller projects, and not through large [...]

2017-03-22T13:11:46+00:00March 17th, 2017|Greening Finance|

Reflections by Alan Miller: Election Implications for Climate Change Policy

Watching the election results from a hotel in Marrakech, the site of the latest climate negotiations, was a sobering experience.  To realize that the future of the planet may now be so influenced by a person who has called climate change a “hoax” promoted by China to undermine our economy.  Like many of my friends, [...]

2016-11-28T12:47:34+00:00November 28th, 2016|Climate Risk|

Infrastructure Is Local – Financing Resilience Must Be, Too

By Andrea Colnes and Stacy Swann When the costs are tallied, Hurricane Matthew will become the thirteenth extreme weather event of 2016 in the United States to cost more than $1 billion in damages, including four flooding events and nine severe storm events.  The damages here and abroad from Matthew will affect entire communities – [...]

2016-11-18T17:52:28+00:00October 11th, 2016|Climate Risk, International Climate Finance|

Climate Risk: The Ultimate Threat Multiplier for Sustainable Development

By Alan Miller & Stacy Swann Odds are, wherever you live, your climate is changing.  It may be hotter and drier, with more drought and wildfires, or you may be experiencing more severe storms and extreme rainfall.  You may notice it, or you may not, but the folks at NASA are keeping track, and August [...]

2016-09-16T15:18:21+00:00September 16th, 2016|Climate Risk|