
Articles
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1 month ago |
impactalpha.com | Louie Woodall
The hosts of this year’s UN Climate Change Conference are banging the drum on adaptation. Brazil, the world’s ninth-largest economy, has been rocked by climate shock after climate shock. Biblical floods last year punctuated a crippling drought that walloped the country’s vast agricultural sector and laid bare the nation’s vulnerability to a post-1.5°C world. Ahead of COP30, the country is pushing for adaptation and climate resilience to be a priority.
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2 months ago |
impactalpha.com | Louie Woodall
Editor’s Note: this article originally appeared in Climate Proof, a publication on climate adaptation finance, tech, and policy. The Trump administration is taking the hatchet to climate regulations in the US. Everything from of climate risks to an order on are being slashed away in the name of “efficiency” or “anti-wokeness.”On the other side of the Atlantic, the European Union is engaged in a lower-key effort to streamline its own mass of climate rules.
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2 months ago |
impactalpha.com | Louie Woodall
It wasn’t only houses. The string of blazes that tore through the Pacific Palisades, Altadena, and other Los Angeles neighborhoods destroyed recreation centers, street lights, water pumping stations and much more. The damage to public infrastructure in the city of Los Angeles topped $350 million in the first three days of the fire, according to a city report. Much will have to be rebuilt. But the fires themselves have made paying for it all that much trickier.
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Jan 16, 2025 |
impactalpha.com | Louie Woodall
Los Angeles is burning, as it has been for 10 days. The fires have brought destruction, homelessness and more than two dozen deaths. The flames also threaten to burn down California’s insurance market. Insurance coverage in the state was already buckling in the wake of the flight of private carriers and the vast increase in the wildfire exposure of the state’s insurer of last resort. JP Morgan estimates insured losses will top $20 billion. Insurance broking group BMS puts them at $25 billion.
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Dec 16, 2024 |
impactalpha.com | Louie Woodall
Editor’s Note: This article first appeared on Climate Proof, a newsletter on climate adaptation finance, tech, and policy. Climate adaptation has a capital and innovation problem. Tailwind Climate has a plan to solve it.
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