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Leveraging Catastrophe Bonds as a Mechanism for Resilient Infrastructure Project Finance

December 2015

From the re:focus partners RE. bound Program, this report offers a perspective on how cities and communities seeking to build resilience and mitigate disaster risk can monetize the benefits of resilient infrastructure through catastrophe models and other bond measures. The approach links catastrophe bonds and conventional project finance to support large-scale resilience projects. The report describes the RE. bound Program framework for catastrophe modeling, bond structuring, and bond sponsorship - while providing some key insights and lessons for extending the approach to a range of resilience applications.

Author or Affiliated User: Shalini Vajjhala

Resource Category: Solutions

 

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Ready to Respond: Strategies for Multi-Family Building Resilience

December 1, 2015

Ready to Respond: Strategies for Multifamily Building Resilience is a compilation of strategies for retrofitting affordable housing buildings in order to make these properties more resilient against climate hazards and extreme weather events. Enterprise Community Partners, Inc. (Enterprise) developed the U. S. Department of Housing and Urban Development (HUD) funded resilience manual to provide guidance to affordable multifamily building owners on retrofit strategies that will help protect and adapt their properties to a variety of climate hazards typical to the Northeastern United States.

Resource Category: Solutions

 

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The Business Case for Responsible Corporate Adaptation: Strengthening Private Sector and Community Resilience

2015

This report details both the benefits of and barriers to responsible corporate adaptation. The report includes 17 case studies that provide examples of innovative solutions used by companies to overcome the most pressing challenges to responsible corporate adaptation such as information gaps, uncertain risk, planning challenges, and policy, regulatory and socio-cultural barriers (see an overview of the case studies on pages 25 – 27). The report includes recommendations for businesses and policymakers to enhance “responsible corporate adaptation, strengthen collaboration and incentivize the development of adaptation solutions.

Resource Category: Solutions

 

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Let's Talk Climate: Messages to Motivate Americans

November 24, 2015

ecoAmerica has developed market-tested messages about climate change solutions to engage Americans across political and demographic groups. This climate messaging platform employs research methods to test specific words, phrases, and narratives that link climate change to mainstream American values and concerns. ecoAmerica also created several thematic messages to tap into personal interests and affiliations including: Health, Faith, Business, Communities, and Higher Education.

Resource Category: Solutions

 

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GAO Report - A National System Could Help Federal, State, Local, and Private Sector Decision Makers Use Climate Information

November 2015

The U. S. Government Accountability Office (GAO) promotes a national system to provide climate information to U. S. decision makers in this report to Congress. The report examines the extent to which federal efforts meet the climate information needs of decision makers; how federal efforts could be improved; and the strengths and limitations of different systems to provide climate information. GAO reviewed government funded climate data sharing programs in three other countries - Germany, the Netherlands, and the United Kingdom - and describes their key characteristics.

Resource Category: Solutions

 

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Regional Impacts of Climate Change and Issues for Stormwater Management

October 30, 2015

This report describes the stormwater management challenges that Southern Florida faces due to climate change and offers several recommendations for how these issues can be addressed. It discusses three basin scale strategies: Everglades restoration, adjusting regional water control practices, and small scale adaptation efforts. Local governments can also play a pivotal role by investing in green infrastructure and implementing financing strategies for stormwater management. This guidance document is one in a series of publications designed to assist county and municipal policymakers, administrators and program staff with implementation of the 110 recommendations contained within the Southeast Florida Regional Climate Change Compact’s 2012 Regional Climate Action Plan.

Resource Category: Solutions

 

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Lessons from the Storm: Climate Displacement Three Years After Hurricane Sandy

October 28, 2015

This report by the Center for American Progress assesses the recovery of New York’s and New Jersey’s middle- and low-income communities three years after Hurricane Sandy devastated the region in 2012. The report analyzes the challenges encountered by state and city leaders to help reduce displacement of people in the days and years following the storm, as well as innovative policies that emerged to prevent future extreme weather and climate displacement. The Center also highlights the important role that community groups play as citizen first responders, liaisons to government officials, and in long-term housing and recovery efforts.

Authors or Affiliated Users: Danielle Baussan, Miranda Peterson

Resource Category: Solutions

 

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Living With Climate Change

October 20, 2015

Living with Climate Change: How Communities Are Surviving and Thriving in a Changing Climate describes the strategies cities are taking to protect themselves from climate change, to reduce their vulnerability, and to adapt and become more resilient. The book also examines obstacles to local, state, and national action on climate change, includes case studies to illustrate smart, effective policies and practices that have already been put in place, and defines how these actions benefit the economy, the environment, and public health.

Authors or Affiliated Users: Jane A. Bullock, George Haddow, Kim Haddow, Damon Coppola

Resource Category: Solutions

 

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Resilience for Free: How Solar+Storage Could Protect Multifamily Affordable Housing from Power Outages at Little or No Net Cost

October 14, 2015

This report from the Clean Energy Group uses project data for buildings in New York, Chicago, and Washington, D. C. , to examine the financial case for installing solar photovoltaics (PV) and battery storage systems (“solar+storage”) to support multifamily affordable housing. With the right market structures and incentives, solar+storage systems can provide an economic return, on par with energy efficiency or stand-alone solar. They can also help make affordable housing energy resilient by guaranteeing power for common area lighting, water, and communications.

Authors or Affiliated Users: Lew Milford, Robert Sanders, Seth Mullendore

Resource Category: Solutions

 

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Chincoteague National Wildlife Refuge Restoration and Relocation Efforts

October 2015

Chincoteague National Wildlife Refuge, located at the southern tip of Assateague Island, depends on parking and road facilities that are vulnerable to flooding and erosion.   Refuge managers have been exploring alternatives for responding to these impacts that they anticipate will worsen with sea-level rise and climate change. The refuge is studying alternatives to relocate parking facilities and is using oyster reefs to protect transportation facilities. Parking facilities on the island are made of loose shells and sand so as not to disrupt the natural terrain.

Resource Category: Solutions

 

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