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 →
Take-home lesson #1: Many drivers motivate communities to pursue initiatives that enhance resilience to climate change impacts; projects that have multiple benefits are more likely to be implemented.
As climate change impacts such as more intense coastal storms, hotter heat waves, bigger floods, and more extreme droughts emerge across the U.S., communities are responding and preparing in myriad ways. At the heart of most action is people’s desire to protect and improve the place where they live, but this core motivation manifests itself differently in different settings. Some communities are driven to action by the ‘wake-up call’ of a hurricane or another disastrous event that exposes vulnerabilities. Some communities find that resiliency to climate impacts is yet another benefit of neighborhood initiatives such as tree planting or smart zoning that enhance quality of life. And some communities may not be thinking about climate change at all but nevertheless implement projects that help them weather the storm or the drought. Understanding what motivates people to build resilience is key when it comes to designing incentives, determining what information people will use to make decisions, and communicating the need for a project.
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 →
As we drive down North Rampart Street in New Orleans, we pass a fourteen-foot tall, steel statue of a person with one arm outstretched as if to hail a ride. Its pose seems symbolic as much as aesthetic, drawing people to it as if to say, “stick with me and I will guide you.” And that’s exactly what the statue does, because it marks an ‘EvacuSpot.’
Everyone was dripping wet in the elevator on our way to the Flood Executive Group meeting in Norfolk, Virginia’s City Hall. A young man squeezed in on the third floor.
“I’m thinking of going for a swim today after work—right off my front porch,” he joked.
Norfolk has the distinction of being in the second most vulnerable metropolitan area in the U.S.—after New Orleans—to sea level rise, so quips about flooding are common. But, unfortunately, there is always some truth to the banter: even the day’s intermittent thundershowers would lead to flash floods in some neighborhoods.