In some ways, it’s surprising how little the 2018 Global Climate Action Summit focused on climate adaptation. Only two the 500 official announcements emanating from the annual event, which concluded last Friday, relate to adaptation.
Author: Joyce Coffee
Recently Joyce Coffee sat down with Keith Kenny, McDonald’s Global Vice President of Sustainability to learn about the company’s resilience story. Kenny asserted that climate resilience is both an environmental and economic imperative for the fast food company.
As Hurricane Florence continues its destruction in the Carolinas, we’re reminded the real estate industry has been slow in turning its attention to the impact of climate change on real assets, even though climate resistance has become an investment imperative in a sector where such investments often are held for a decade or longer.
A key question was asked at “Resilience Day” during this week’s Global Climate Action Summit: how do we scale finance for adaptation?” These five ideas together could provide an answer.
One critical issue key to resilience that is not discussed enough is how the financial sector manages assets to ensure the most vulnerable do not become even more helpless due to the physical risks of climate change.
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 prevent harm based on risk and opportunity created by … Continued
We Survived Climate Change Eons Ago, but Could We Survive Today? Not Unless We Act Much More Swiftly Immediately
A compelling ad for The Great Course on investing shows a man’s hands grasping a giant golden egg. It reminds me of the ever-present effort to learn from the past. Yet, with climate change, have we learned valuable ancient lessons or are we doomed to repeat past mistakes? We humans survived an abrupt shift in … Continued
$35 trillion in real estate assets will be at risk in 2070 if we make no changes to our current carbon emission trajectory. That figure represents about half of today’s global assets under management in any industry sector.
While hurricanes Harvey and Irma deluge floods of biblical proportions, 21.7 million Americans – 11 percent of the country – were living under drought conditions on August 1. And drought conditions are expected to worsen.
The devastation from Hurricane Harvey is of biblical proportions, and we mourn the loss of lives and livelihoods that it has caused. Still, there are valuable takeaways from it, and here are 10 that we should take to our city departments and city councils immediately:
If you’re frustrated that EPA regulations might be rolled back, recognize that local government could offer answers, argues climate resilience consultant Joyce Coffee.