Capital markets are slow to recognize the financial benefits of climate resilience infrastructure, despite growing demand and the potential for significant cost savings. The author, a former mayor, highlights projects like Hoboken's ResilienCity Park, which reduced flooding and maintained the city's credit rating. Experts project a massive demand for resilience investments by 2030, but the market struggles to value avoided losses, which are spread across various stakeholders. AI
RANK_REASON The article discusses market trends and investment strategies related to climate resilience, offering analysis and opinion rather than reporting on a specific event.
AI-generated summary · Google Gemini · from 1 sources. How we write summaries →
