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 →
You’ve heard a lot about the scary impacts of climate change – and with the recent release of the 2014 Intergovernmental Panel on Climate Change report, it’s clear that in addition to reducing greenhouse gas emissions, communities all over the world need to begin adapting (preparing, building resilience, insert whichever phrase you like best there) to the irreversible climate changes we’re already starting to see.
So what does ‘adapting’ to climate change actually look like?
If you’ve wondered that too, you can take a (short version) of the Great American Adaptation Road Trip with us and find out. Watch the video recording of a lecture we recently gave at the New England Aquarium. We take you to Boston Harbor, Long Island, the Louisiana Bayou, the forests of New Mexico, the Olympic Peninsula in Washington State, the corn fields of Nebraska and Iowa, and, finally, to our hometown of Ann Arbor, Michigan. Comment, pose questions, get in touch. We want to keep talking about this.