The Weekly: When A Spark Can Bankrupt a Utility, The Grid Is Now a Wildfire Defense System.
Wildfire season is changing how utilities fortify against wildfires
Physical Risk Only Becomes a Credit Problem When Governments Can't Manage It
Corpus Christi's bond downgrades reveal a governance problem, not just a risk problem
The Verdict From The Resilient America Summit: Financing Resilience Is A Coordination Problem.
Three takeaways from the first Resilient America Summit
The Great Unlock
How public, private, and philanthropic leaders can scale the next chapter of climate resilience. A national call to action prepared for Chicago Climate Week and Aspen Ideas: Climate.
Financing the Missing Asset: Why Municipal Bonds Have Struggled to Finance Climate Resilience
Bespoke deals are too complex to scale. Broad “green” designations are too vague to measure. A middle route can fund adaptation at the pace climate risk demands.
Latest
The Weekly: When A Spark Can Bankrupt a Utility, The Grid Is Now a Wildfire Defense System.
Wildfire season is changing how utilities fortify against wildfires
The Weekly: Earnings Calls Are Full of “Resilience” Talk. But Physical Resilience Moves Stock Prices
S&P 500 companies mentioned "resilience" 600 times on earnings calls last quarter. The word is exploding, and it's losing meaning. New research shows only one kind of resilience moves stock prices.
The Weekly: Once Cities Implement a Stormwater Utility, They Don't Stop
Downpours are getting heavier across most of the U.S., and aging drainage systems are struggling to keep up. In response, a fast-growing municipal policy solution is scaling across the country.
The Weekly: The Tools to Finance Resilience Already Exist. To Unlock Scale, We Need Coordination.
We need to move beyond asking simply, How do we fund this project? and start asking, What financial risk does this community face, what outcomes could change that trajectory, and how should we invest accordingly?
The Weekly: When Governments Prove Resilience Pays Off, Insurers, Investors, and Developers Start Funding It
When benefits tied to investing in resilience can be measured and demonstrated, major new sources of capital become available to help finance resilience.
The Weekly: Financing the Missing Asset: Why Municipal Bonds Have Struggled to Finance Climate Resilience
Bespoke deals are too complex to scale. Broad “green” designations are too vague to measure. A middle route can fund adaptation at the pace climate risk demands.
The Weekly: Extreme Heat Is Straining the Grid. Redesigning How We Build Can Ease the Pressure.
The drivers that make extreme heat so severe were all in play over Independence Day weekend: More people live in areas exposed to extreme heat, existing infrastructure is vulnerable to extreme heat, and cooling is expensive and not universally accessible.
The Weekly: Capital Doesn't Fund Resilience Projects Until Someone Proves Who Benefits
Resilience projects become finance-ready by doing the early work of proving who benefits, quantifying the value of avoided losses, and building the partnerships that make private capital possible.
Hazard briefings
The Weekly: Why This Wildfire Season is Already Breaking Records
With fire seasons now roughly two months longer than they were in the 1970s, 2026 could reset the ceiling on wildfire losses again.
Wildfires: The Drivers Putting People and Assets At Risk
Climate change and federal policies are making wildfires more frequent and intense. Migration patterns are increasing the exposure of assets to wildfire threats. And assets that are more vulnerable to wildfires translate into higher costs.
Wildfires: Opportunities For the Private Sector
Part II of our Wildfires Briefing explores four categories of opportunity for the private sector: 1) Implementing modern building materials and codes; 2) Technologies for better fire management; 3) New insurance models; and 4) Private financing for forest management.
The Weekly: The Rising Costs of Severe Convective Storms
Several drivers are contributing to the rise in expensive severe convective storms: 1) population growth in high-risk areas; 2) non-resilient physical assets; and 3) rising building premiums.
Public finance
The Weekly: The Tools to Finance Resilience Already Exist. To Unlock Scale, We Need Coordination.
We need to move beyond asking simply, How do we fund this project? and start asking, What financial risk does this community face, what outcomes could change that trajectory, and how should we invest accordingly?
The Weekly: When Governments Prove Resilience Pays Off, Insurers, Investors, and Developers Start Funding It
When benefits tied to investing in resilience can be measured and demonstrated, major new sources of capital become available to help finance resilience.
The Weekly: Financing the Missing Asset: Why Municipal Bonds Have Struggled to Finance Climate Resilience
Bespoke deals are too complex to scale. Broad “green” designations are too vague to measure. A middle route can fund adaptation at the pace climate risk demands.
The Weekly: Capital Doesn't Fund Resilience Projects Until Someone Proves Who Benefits
Resilience projects become finance-ready by doing the early work of proving who benefits, quantifying the value of avoided losses, and building the partnerships that make private capital possible.