When benefits tied to investing in resilience can be measured and demonstrated, major new sources of capital become available to help finance resilience.
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.
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.
A smart transition of FEMA toward state and local disaster responsibility would encompass 1) reform to the Stafford Act to rebalance federal and state contributions, 2) a restructuring of state disaster relief funds, and 3) a shift toward regionalization of disaster response.
