The Carbon Disclosure Project surveyed 207 cities worldwide in its new report, Protecting Our Capital: How Climate Adaptation In Cities Creates a Resilient Place for Business. The survey included the following Canadian cities: Vancouver, Victoria, Calgary, Edmonton, Saskatoon, Brandon, Winnipeg, Burlington, Hamilton, London, Toronto, and Montreal. The report attempts to identify the alignment of how companies and the cities in which they operate perceive climate-related risks. It finds most commonality in recognizing risks from increased temperatures and heatwaves, which have immediate impacts across the public and private sectors. It is assumed that cities that develop reasonable risk assessment and reduction strategies will be better positioned to attract and retain business. See https://www.cdp.net/CDPResults/CDP-global-cities-report-2014.pdf.
A February 2014 report from C40, a leading climate action group that links megacities around the world, captures the importance of cities as climate actors. The report highlights the unique potential held by cities where innovations in efficiency and technology are more forthcoming, threats to economic and public wellbeing are often felt more immediately, and leaders have enough local power to respond effectively. The report indicates that mayors worldwide are already doing twice as much to build resilience and reduce emissions than they were in 2011. Nearly half of the 63 major cities surveyed used local green development funds to finance climate action commonly furnished through property, municipal, and local business taxation. Cities that reported addressing climate change as part of economic development commonly did so through the green manufacturing, green infrastructure, and clean technology sectors. The full report is available at:http://www.c40.org/blog_posts/CAM2.
The Natural Resources Defense Council (NRDC) has launched an initiative called “Urban Solutions” to help American cities become cleaner and more resilient by tackling food systems and clean energy, transportation, and storm-water infrastructure. Mayors from 10 major American cities also announced their participation in the City Energy Project, a partnership between the NRDC and the Institute for Market Transformation. The cities are expected to save a combined $1 billion in energy bills, cut 5 million to 7 million tons of annual carbon emissions, and create jobs in architecture, engineering, construction, and more. Read more about Urban Solutions at: http://switchboard.nrdc.org/blogs/spoticha/reconnecting_america_legacy co.html. The NRDC press release regarding the City Energy Project is available at: http://www.nrdc.org/media/2014/140129a.asp.
On November 1, U.S. President Obama signed an Executive Order to implement the goals announced in his Climate Action Plan. The Executive Order establishes an inter-agency Council on Climate Preparedness and Resilience, chaired by the White House and including more than 25 agencies, to develop, coordinate, and implement priority Federal actions related to climate preparedness. It will supervise a new Task Force on Climate Preparedness and Resilience, to be composed of state, local, and tribal leaders, who will advise on how the Federal Government can respond at the community level. In an initiative that Canadians can only dream of, the Executive Order also instructs Federal agencies “to work together and with information users to develop new climate preparedness tools and information that state, local, and private-sector leaders need to make smart decisions. In keeping with the President’s Open Data initiative, agencies will also make extensive Federal climate data accessible to the public through an easy-to-use online portal.”
1) In the U.S., a new research initiative led by hedge fund billionaire Tom Steyer, former U.S. Treasury secretary Henry Paulson, and outgoing mayor of New York Michael Bloomberg aims to calculate the true financial cost of climate change. In a report expected in summer 2014, “Risky Business” will “combine existing data on the current and potential impacts of climate change with original research to reveal the most vulnerable sectors and assist with preparation”. According to Bloomberg Markets Magazine, the team also hopes to show that the eventual consequences of “business as usual” will outweigh its short-term benefits. See http://riskybusiness.org/about or http://www.bloomberg.com/news/2013-10-01/climate-change-rescue-in-u-s-makes-steyer-converge-with-paulson.html
2) Launched on September 24, the new Global Commission on the Economy and Climate, co-chaired by Nicholas Stern, will conduct a “year-long, $9 million study to analyze the economic costs and benefits of acting against climate change”. The study will use macroeconomic modeling techniques to analyze possible outcomes, factoring in potential policy mechanisms, economic growth, investment, employment, poverty reduction, income distribution, and the need for improved health, energy, and food security. The commission hopes to uncover pathways to a resilient, resource-efficient, low-carbon economy. See http://newclimateeconomy.net/
3) Wilfred Laurier University in Waterloo, Ontario will launch a Centre for Sustainable Food Systems on November 14, to bring together researchers from the departments of Geography and Environmental Studies, Psychology, Biology, Global Studies, Religion and Culture as well as the School of Business and Economics. From their website at: https://www.wlu.ca/homepage.php?grp_id=13686: “Our vision is to conduct research that is both grounded in practice and theoretically informed, and to disseminate this co-generated knowledge through local, national and global networks to advance opportunities for and educate about more sustainable food systems.”