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 absence of references to climate change in utilities' bond disclosures suggests we have not systematically assessed how climate hazards could disrupt operations or revenues and, just as concerning, that they aren’t incorporating climate risk into capital planning and investment decisions.
Winter Storm Fern swept across a huge swath of the United States in January 2026, revealing both vulnerabilities and progress on the climate resilience and adaptation front.
Unexpected disasters are causing damage in unlikely places, forcing decision-makers in the public and private sectors to prepare for the most common disasters in their region as well as the rare, once-in-a-hundred-year ones. But strategies exist to help decision-makers prepare for the unexpected.
There are no silver bullet solutions for the private sector to adopt to dramatically reduce the costs of winter storms. The biggest lever to bring costs down exists in modernizing and winterizing the grid—an endeavor that will require substantial technological, mechanical, and financial investments.
