Climate Related Shocks maybe increasing but so is knowledge on how to handle them
While the devastating fires in Los Angeles are top of mind, we can’t forget the recent hurricanes in Asheville, the fires in Hawaii, or the floods in Houston. With numerous climate-related events in recent years, there has been extensive reporting on the science behind these events, their financial impact on victims, the efforts of first responders, and the necessary actions for private and public entities. Instead of sharing my perspective, I thought it would be more efficient to link to several informative articles on the situation and how to prepare for what comes next.
Science behind increasing Climate Shocks and their Impacts:
https://www.bbc.com/news/science-environment-58073295
https://www.wired.com/story/drought-causing-floods/
https://www.nejm.org/doi/full/10.1056/NEJMra2200092
How Insurance Markets are being Impacted by Increasing Climate Shocks
https://www.bloomberg.com/features/2024-home-insurance-real-estate-crisis/?embedded-checkout=true
https://www.nytimes.com/interactive/2024/12/18/climate/insurance-non-renewal-climate-crisis.html
https://kyla.substack.com/p/home-insurance-is-a-really-big-problem
Resiliency and solutioning:
https://e360.yale.edu/features/a-quiet-revolution-southwest-cities-learn-to-thrive-amid-drought
https://www.wired.com/story/cities-have-turned-into-fire-bait-but-we-can-fix-them/
