Businesses Say They Are Climate Resilient – but Most Don’t Actually Have a Plan
A majority of US business leaders – 59% – say their companies are climate resilient, and an equal percentage views climate change as a priority, yet just 29% have actually assessed the risks of climate change to their organization and only 38% say they have a plan to respond to climate change-related events, according to a new survey from AT&T.
About one in four business leaders say their company has experienced negative financial impacts from extreme weather in the past five years. Fifty-three percent of respondents say their businesses are already taking steps to adapt to climate change, including updating emergency response plans, investing in physical updates, and enhancing disaster recovery procedures. However, the survey also reveals opportunities for businesses to improve preparedness and climate resilience, as 71% have not yet assessed the risks of climate change to their business…
Miami launches a model for urban resilience
Miami-Dade County, City of Miami and City of Miami Beach has launched its Resilient305 Strategy, which aims to ensure communities are better prepared for shocks and stresses brought about by events such as hurricanes and infrastructure failures. It is also targeting longer-term challenges like rising sea levels, traffic congestion and severe economic inequalities.
The plan supports multilateral collaboration between governmental, non-governmental, business and academic organisations in the region to ensure a resilient and thriving future for all, environmentally, economically and socially…
As climate change makes disasters worse, philanthropy needs to think long term
In 2018 alone, the United States suffered 14 natural disasters, each of which caused more than a billion dollars’ worth of damage. The final total: $91 billion overall, although not all of the devastation has been officially tallied. That includes deaths and destruction from hurricanes Michael and Florence, and the California wildfires. It also makes last year the fourth worse year in recorded history in terms of financial fallout.
All of this sounds like a lot until you consider the year prior actually reset the record completely. In 2017, the U.S. experienced 16 tragic “billion-dollar-plus” events with hurricanes Harvey, Maria, and Irma all contributing heavily to $306 billion in total losses.
The bottom line is that erratic weather patterns and other crises of climate change pose a very real and persistent danger to society. But for disaster response groups, that reality brings lots of new questions. How many will continue donating to disaster aid? How much do they…