As climate change continues to intensify—raising the urgency to address mounting risks and escalating costs—the public and private response remains slow and uneven. Steps toward more renewable energy are gradually taking hold, but a significant and immediate challenge continues to surround the country’s urban built environment: an increasingly vulnerable network of transportation, water, and private real estate assets. From roads and sewers to homes and commercial buildings, the location and design of current physical systems keep adding more greenhouse gas emissions to the atmosphere, overconsuming natural resources, and exposing people to greater dangers.
A new climate finance framework for investing in urban resilience (brookings.edu)