New research reveals the majority of European cities are unprepared to deal with climate change risks that seem to be intensifying by the day. The report finds that there are major structural gaps in urban adaptation and resilience planning exacerbated further by a lack of information and funding, as well as misaligned incentives. Entitled “Underfunded, Underprepared, Underwater? Cities… Keep reading →
This winter, the US Northeast was constantly pummeled with heavy snow often accompanied by gusty winds that brought arctic air from the High North. The city of Boston, in particular, bore the brunt of these Arctic blasts, but at the same time, parts of Alaska experienced an unusually mild winter. “Boston is crushed under more than eight… Keep reading →
Global supply chains could be headed for big trouble. “Marginal or no improvements”, tantamount to a lack of preparation, leave supply chains in the US, China, India and Brazil more exposed to climate risks than those in France, the UK and Japan finds a new global study from CDP – formerly known as ‘Carbon Disclosure… Keep reading →
Four of nine ‘planetary boundaries’ have now been breached as a result of human activity and not natural variability, says a new research paper published in the journal Science entitled “Planetary boundaries: Guiding human development on a changing planet”. The ‘planetary boundaries’ framework was first introduced in 2009 by an international group of scientists led… Keep reading →
The U.S. economy could face significant and regionally diverse economic risks from climate change if it continues on its current path (“business-as-usual”) without proper risk management – i.e. risk mitigation strategies – such as timely “investments in adaptation or policy efforts to mitigate climate change through lowering carbon emissions,” according to a new report titled… Keep reading →
The “our” in this case refers to ExxonMobil. Often considered the face of “Big Oil,” the company is the largest intact remnant of John D. Rockefeller’s Standard Oil empire and the world’s largest US-based oil company in terms of reserves, production and revenue. Love or hate them, Exxon is a well-run company with strict investment… Keep reading →
The energy industry has the opportunity to become a leader rather than a laggard on climate change risk analysis by embracing the evaluation of risks and applying its significant financial and management resources to the improvement of climate resiliency. A new National Climate Assessment is set for release in late April 2014, and one of… Keep reading →
President Obama has issued an executive order outlining multiple strategies to bolster climate resilience of states and local governments. On November 1, 2013, President Obama signed an Executive Order (EO) titled “Preparing the United States for the Impacts of Climate Change,” directing federal agencies to support climate resilience efforts in states and local communities. The… Keep reading →
