Growing Returns

Selected tag(s): New York

How states can finance coastal resilience before the next disaster

As climate change drives more intense storms, hurricane-related costs in the United States have increased 1,100% since 1980, and the population of counties prone to hurricane damage has increased at least 22% faster than the overall U.S. population has grown.

State governments must prioritize rebuilding better and investing in climate resilience now to avoid the skyrocketing costs of future disasters. Every $1 invested to mitigate a disaster saves $6 in recovery. Read More »

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From Louisiana to New York, coastal leaders come together to build climate resilience

As extreme weather takes a greater toll, states are creating a new government position to confront climate challenges and keep residents safe. Nearly one dozen states have hired Chief Resilience Officers (CROs) in various areas of government, including the governor’s office, state departments of environment or state departments of public safety.

These officers are charged with improving collaboration internally across government and externally with the public — and to have a coordinated approach to securing and spending federal disaster resources.

CROs are often working urgently to respond to previous disasters while also shaping forward-looking strategies to build a more resilient future for their state. With such a high-stress, high-stakes job, it’s essential that these leaders collaborate and learn from one another.

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New York just took a huge step toward funding lasting climate resilience

Earlier this year, New York Gov. Andrew Cuomo presented an ambitious challenge to the state Legislature: Pass a $3 billion bond to boost climate resilience and mitigate the impacts of sea level rise while preserving the state’s natural resources.

Last month, at the height of the coronavirus, the Legislature responded, passing a budget bill that included the Restore Mother Nature Bond Act.

The measure is expected to go to voters in the fall. If a majority approves the bond, it will put New York on a path to building lasting resilience, while also stimulating the economy, creating jobs and benefiting the state’s most vulnerable communities. Read More »

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