The 2017 Atlantic hurricane season is not over yet, but it has already brought some of the most catastrophic storms in recent memory.
Hurricane Harvey’s impacts have been “unprecedented” and “beyond anything experienced,” to use the words of the National Weather Service. However, the aftermath of this hurricane, as with any other major disaster, is heart-wrenchingly predictable.
Climate change risk is rising, and yet behavioral economics research argues that we are collectively underinvesting in protecting ourselves. In The Ostrich Paradox: Why We Underprepare for Disasters, Robert Meyer and Howard Kunreuther point to several personal traits that expose us to greater risk from natural disasters.
Conservation professionals have a challenging path ahead, but resilience finance makes it easier. Out of the carnage that Hurricane Andrew caused in 1992, a market for catastrophe (‘cat’) bonds was born.
Hoboken – a densely populated city on one square mile of mostly reclaimed marshland along the Hudson River in New Jersey – was unprepared for a 14-foot surge of water from Hurricane Sandy.
When it comes to building cities to withstand the ravages of age, climate change and a rapidly evolving economy, America’s mayors have probably never felt more alone.
Katrina. Sandy. Matthew. We tend to remember the big-name storms that take over the news cycle for weeks, offering up poignant images of rescued families.
Poverty is expensive—not just for people, but for places, too. While cash-strapped cities face a number of challenges, aging infrastructure is perhaps the costliest.
In a conference room overlooking downtown Miami, British executives are talking about why they know south Florida’s streets so well. It isn’t because of the sunshine. It’s because of the area’s risk for disasters like hurricanes and flooding.