The Weekly: Alabama Used Five Financing Levers to Scale Resilient Building Standards Across the State
Alabama’s approach to scaling the FORTIFIED standard has become a blueprint nationwide.
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.
Four New Jersey towns are charging property owners for stormwater runoff and using the money to fund flood repairs.
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.
Insurance markets don't become uninsurable overnight. But the transition from insurable to uninsurable is the final stage of a sequence that can take years or decades to play out.
By adopting green infrastructure in place of some gray infrastructure, Kansas City reduced the total costs of managing its combined sewer system through 2040 by over $2 billion.
Cities spent decades building pipes and pumps to move water out fast. Hoboken tried absorbing it instead—and cut flooding by 88%.
The economic losses from disasters that are not covered by insurance continue to grow, but resilience projects are generating measurable positive returns.
If today’s funding landscape resembles disconnected wells, then climate resilience requires something closer to a watershed—where resources are intentionally pooled, directed, and circulated across geographies, sectors, and time horizons.
Early proof points are what eventually unlock scale, and they almost never look like proof when they begin. We need the compounding of resilience over time, and we need to recognize when the next disaster creates a narrow window for rapid investments in resilience—all at once.
Climate resilience is often framed as a problem of insufficient funding. In reality, it is a problem of how funding is structured and deployed.
Wildfire-prone communities across the West are no longer waiting for federal dollars to mitigate wildfire risk. As FEMA funding stalls and detection technology gets cheaper, local districts are investing in wildfire-detection sensors, drones, and AI-monitored cameras.
Maryland is pioneering a cross-state conservation finance model to fund pollution reduction outside its borders while still meeting environmental obligations.