Chapter 5 from our report summarizing the lessons we learned on the Great American Adaptation Road Trip. We partnered with the Georgetown Climate Center to get this to you. Chapter 6 coming soon.
Take home lesson #5: A key challenge for funding adaptation efforts is finding ways to overcome upfront investment costs in order to save money in the long run. Creative financing mechanisms and savvy individuals can pave the way.
The World Bank has estimated that it will cost between $70 billion and $100 billion annually to adapt to a 3.6-degree-Fahrenheit warmer world by 2050. However, these figures depend strongly on whether our adaptation efforts are proactive or reactive: The United Nations Development Programme estimates that every dollar spent on preparedness for disasters now can save up to seven in relief efforts later. But what does this mean for a local city planner or natural resource manager trying to attach a price tag to a resilience-building project at the local level? Continue reading →
Chapter 4 from our report summarizing the lessons we learned on the Great American Adaptation Road Trip. We partnered with the Georgetown Climate Center to get this to you. Chapter 5 coming soon.
Take-home lesson #4: Resilience efforts that span multiple government departments or include non-governmental actors are often able to leverage resources and expertise and create wider buy-in for action.
For local governments, the ability to prepare for the impacts of climate change is often limited by available resources and expertise. In some cases, local governments have the motivation to lead adaptation action but lack capacity and knowledge in areas like coordinating volunteers and implementing new technological tools. In other instances, non-profit groups or individual citizens may ‘push’ local government to act. By creating new partnerships across government departments as well as beyond government doors, city planners may be able to fill critical gaps in their own resources, accomplish ambitious goals, and more effectively address the cross-cutting nature of climate change impacts.
From Nashville, Tennessee to Santa Fe, New Mexico to Los Osos, California, Airbnb has been a favorite tool for finding accommodations on the road. If you aren’t familiar with it, Airbnb is an increasingly popular online platform through which people rent their spare room or extra apartment to travelers passing through town. The company is revolutionizing the bed & breakfast business—an in-house study found that Airbnb contributed $56 million to the San Francisco economy in 2011 and a whopping $240 million to Paris’s economy in 2012. Continue reading →