Miami Is “Investing in Resilience”

(p. A27) Climate change is not a distant threat for Miami; it’s a daily presence in people’s lives. The city has been fighting to stay above water for decades. It knows that its future as a vibrant international hub for business, tourism, arts and culture depends on making the city more resilient to the impact of global warming.
That’s why the city of Miami is moving aggressively to adapt; in 2017, its citizens voted to tax themselves to build resilience against flooding and storm surges by approving a $400 million bond issue that is financing projects across the city.
. . .
Investing in resilience protects businesses and communities from devastating losses, so it must be measured in the lives saved and businesses that remain open. We are only now learning how to quantify these benefits to communities. Florida’s Division of Emergency Management, for example, calculated that projects to reduce wind and water damage avoided $81 million in losses when Hurricane Matthew struck in 2016, while costing only $19 million to carry out. The projects included raising buildings, improving drainage, and buying and demolishing properties in vulnerable areas.

For the full commentary, see:
Ban Ki-moon and Francis Suarez. “Miami’s Battle Plan for Rising Seas.” The New York Times (Thursday, Feb. 21, 2019): A27.
(Note: ellipsis added.)
(Note: the online version of the commentary has the date Feb. 20, 2019, and has the title “Miami Battles Rising Seas.”)

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