-- Postponed-- Keeping Risk Above Water: Investing in Adaptation Infrastructure and Emergency Response

Thus far, the costs of Hurricane Sandy are estimated as high as $60 billion: $20 billion in property damages and $10 billion to $30 billion more in lost business, with an overall impact on the economy for the fourth quarter of 2012 near .6 percent. As New York City and the surrounding region struggles to recover from personal and public loss in the wake of Hurricane Sandy, how can foundations and donors—those who will be called upon in times of crisis—think about investing in a more secure and sustainable future, keeping in mind not only the importance of response, but recovery? 

 

Innovations in sustainable infrastructure (i.e., storm water solutions, levies, decentralized power systems, etc.) present emerging challenges and opportunities for investment in building our capacity to prevent and respond effectively to disasters such as those experienced in 2012. Such impact investments not only hold the promise of profit, but they mitigate financial and industry risk, while having the potential to literally save lives and livelihoods in a climate-impacted world. Please join us for a discussion about impact investing to prevent and manage natural disasters.

 

A Philanthropy New York Collaborative Program with Confluence Philanthropy.

This program is "Partially Open."

 

TBD

 

All interested funders.