Forest Resilience Bond to help fund $4.6 million restoration project to mitigate wildfire risk in Tahoe National Forest
his summer, California experienced its largest fire in state history—the latest disaster in a growing trend towards hotter, larger, and more destructive fires. Without urgent action, wildfires will be even deadlier and costlier in years to come. The Forest Resilience Bond (FRB), developed by Blue Forest Conservation (BFC) in partnership with World Resources Institute (WRI), raises private capital to finance forest restoration today, to reduce the risk of severe fire tomorrow. With financing secured from The Rockefeller Foundation, the Gordon & Betty Moore Foundation, Calvert Impact Capital, and CSAA Insurance Group, private capital will now fund the upfront costs of forest restoration, while multiple beneficiaries share in the cost of reimbursing investors over time. This marks the progression of the FRB from an innovative idea to a tangible solution for scaling investment in forest health and mitigating wildfire risk…
Pets pose special problems in natural disasters
If this past summer has taught us anything, it is that Japan is a land of natural disasters. W’d better get used to it, and prepare for it. Just about anything can happen, anywhere, anytime.
Preparation involves everything from knowing the location of the nearest shelter to having emergency supplies immediately at hand, instantly snatchable in the heat of flight.
Is the family safe? Everyone accounted for? Suddenly it hits you. Where’s the dog, the cat? Children are hard enough to shepherd in a disaster. Pets are very much more so. Nearly one Japanese household in five owns a pet. Be forewarned, advises Josei Seven (Nov 8). Pets pose special problems, which owners must – but more often than not don’t – keep constantly in mind.
The March 11, 2011 earthquake-tsunami-nuclear-meltown that devastated large swaths of Fukushima Prefecture was so catastrophic that pets got more lost in the shuffle than usual. Separated from their owners, many died, or went feral, or were picked up and deposited in animal shelters where some…
Jamaica, World Bank point to importance of disaster risk management
Jamaica and the World Bank have highlighted the importance of understanding disaster risks and the need to have a robust financial plan to manage them.
The issue was the subject of discussion at a public forum, titled ‘Facing the Fiscal Risk of Natural Disasters’, held last week at the Jamaica Pegasus hotel in New Kingston.