Increased power storage could reduce outages as climate-worsened extremes batter the grid. Rather than focus solely on grid hardening, a Vermont utility wants to provide customers backup batteries, which could save $$ and be done more quickly & easily nytimes.com/2023/10/09/bus…

Risk is increasing: New World Bank staff paper in nature combining 30 yrs of satellite imagery with flood maps to track urban development in flood zones. Globally, settlements expanded by 85% since 1985, while those exposed to floods increased by 122%. nature.com/articles/s4158…

The USGBC is considering resilience updates to LEED but that won't happen until 2025.

Alice Hill says that's unfortunate: 'We don't have those standards and guidance in place. And so then we construct buildings that are destined to flood or burn.' 4/4 politico.com/news/2023/09/2…

'The case for climate action is stronger than ever,' writes Fatih Birol in International Energy Agency's new report on progress to 1.5.

That target is still alive – but the global pathway has narrowed. The world must act decisively now.

🔴NEW REPORT

🏭Cities are on the frontline of the #climatecrisis :

👥Home to 4.4bn
🔋Occupy <2% of the 🌎 but account for ~70% of emissions
🌧️The human spaces most exposed to climate risk

We must act NOW to make them climate resilient.

📗➡️ Read more: ccag.earth/s/CCAG-Cities-…

To settle a lawsuit, Australia has agreed to include on its Treasury website a statement that climate change “is a systemic risk that presents significant risks and opportunities for Australia’s economy, regions, industries and communities.” theguardian.com/law/2023/aug/3…

The age of climate disaster is here, writes Alice Hill in Foreign Affairs .
on.cfr.org/3YTpmTo

🔴 Red Alert For The World's Oceans 🌊

Sea surface temperatures have reached record highs. Join CCAG at our next public broadcast as we explore the causes and discuss next steps:

🗓️ Thu 31 Aug
🕒 12pm BST
🔗 youtube.com/live/FRWFE1FYq…

“The impacts of a changing climate are already here, and they are devastating communities around the world.”

At COP28, negotiators must ensure that adaptation efforts and emissions reduction strategies go hand in hand, argues Alice Hill.
trib.al/He9OJoh

A report by sustainability NGO Ceres concludes that big banks say one thing on climate but do another. 92 percent of banks voiced support for climate policies while the same number “advocated against or pushed back on” climate policies at some point in the last 3 years

Rising property insurance costs are putting a damper on home sales. With no viable solutions in sight, the real estate market faces increased turmoil wsj.com/real-estate/ri…

Climate disasters are here to stay, making adaptation (and mitigation) essential. Here’s my latest on how COP28 could finally elevate adaptation to join mitigation efforts on center stage foreignaffairs.com/world/age-clim…

Economists have calculated that the cost of damage from greenhouse gas pollution emitted by publicly traded companies is equivalent — on average — to about 44% of operating profits, bloomberg.com/news/articles/…

In a recent piece for Just Security, Alice Hill & Tess Turner provide an in-depth analysis of how #wildfires are undermining military training, operations & installations, and subsequently posing direct & indirect threats to U.S. #nationalsecurity . justsecurity.org/87265/burning-…

Avoiding dire predictions on insurance will not come easy, particularly when a deep political divide exists over whether climate change is even a significant problem, writes Alice Hill. on.cfr.org/3YGxcj3

So far credit-rating agencies have taken a “wait-and-see approach” to integrating climate risks. But as climate damage grows downgrades to credit ratings will follow. The question is when. bloomberg.com/news/articles/…

Climate change puts Australia credit rating at risk: a new economic analysis finds Australia will lose its triple-A credit rating by 2030, driving up the government’s interest bill & borrowing costs as climate change undermines the economy and tax base smh.com.au/politics/feder…

Moody’s finds that climate-juiced disasters + inflation could boost the likelihood of mortgage default & depressed property values in the commercial property sector. The same is likely true for the residential market. The ? is when & how fast. subscriber.politicopro.com/article/eenews…