Lloyd’s of London and the UK’s Center for Global Disaster Protection have identified financial instruments that could be used to incentivize investing in resilience.
Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change -- or face higher borrowing costs on the $3.9 trillion municipal bond market.
Following the launch of a program in January designed to encourage procurement as an entry point for innovation, The Atlas piloted its interactive toolkit
A massive dike to hold back storm-driven floods surging in from the Gulf of Mexico was first proposed after Hurricane Ike devastated the Houston-area coast a decade ago.
Public-sector innovation is hard, even for big, high-capacity cities. Innovation is even tougher when the subject is something essential to the health and safety of a city, like water infrastructure.
Interview segment (1:10—8:00) The new bridge was built in six hours, using a method called Accelerated Bridge Construction. But the pedestrian walkway across a eight-lane highway at Miami's Florida International University came down in a
To date, "green bonds" have been seen as the primary vehicle for environmental or social impact in the fixed-income market. Green bond issuance has grown significantly since the market was initiated in 2007, with offerings by the European Investment Bank and the World Bank.