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⚡️NEW⚡️ Report! Market strategies: service diffusion and willingness to invest. The latest report on the REACHOUT project delves into the City Hub Business Model (CHBM) that equips cities with a framework to scale up climate actions and enhance resilience. It introduces Data spaces, Marketplaces, and Communities of Practice for robust climate service. The report: 🟣 Evaluates the model using 18 criteria and 56 proxy indicators, with a case study on Milan’s city hub to assess practical challenges. 🟢 Discusses the benefits and limitations of a comprehensive climate service toolbox 🔵 Reflects on the project's learning journey with the 7 city hubs, emphasizing striking a balance between standardization and customization for user needs. Follow the link to read 👉https://lnkd.in/eknNCzzF

Despite most US cities recovering after the pandemic, the national conversation continues to suggest that metros like San Francisco, DC, Seattle, NYC, and others are on a downward spiral and unable to fund essential social programs, infrastructure projects, and more.   But Moody’s insights tell a different story: urban cores are resilient—even thriving in some respects—and ripe for reinvention, investment, and growth. Perhaps even a “boom loop” in the making.   Learn how to anticipate and stay ahead of exponential risks for cities, climate, and commercial real estate through our latest research hub: https://mdy.link/3ULqSad

Opportunity

New York plans to factor #climate into all budget decisions “By weighing these impacts in the critical early stages of the budgeting process, we will know how each dollar the city spends affects citywide #sustainability and #resiliency.” 👉 https://lnkd.in/dNzvjG_P City of New York

CLIMATE ZONING - PDF: https://lnkd.in/g49jxjJj As the urgency of the climate crisis becomes increasingly apparent, many local governments are adopting land use regulations aimed at minimizing greenhouse gas (GHG) emissions. The emerging approaches call for loosening zoning restrictions to unlock greater density and for strict new green building codes. This Article argues that both approaches are appropriate in some places but not in others. Not all density is created equal, and compact multifamily housing at the urban fringe may actually increase GHG emissions. Moreover, where density is appropriate, deregulation will not necessarily produce it. And, finally, green building codes will increase housing costs and so will actually increase GHG emissions if they discourage growth in low-carbon places. Those are appealing in the abstract but are unlikely to be adopted in many places anytime soon. This Article therefore offers a set of regulatory prescriptions specifically for local governments aimed at producing density in low-carbon places and minimizing emissions in high carbon ones.  The built environment has an enormous impact on global GHG emissions. Local land use regulation is therefore a critical tool to addressing the climate crisis because it helps to shape where and how people live and work. This insight is not new, but the predominant responses among scholars and policymakers in recent years has been to push deregulation in order to promote density, or to aspire to strict new green building codes or statewide land use controls. These conventional responses fail to account for the different regulatory approaches that are needed in low-carbon and in high-carbon places. What local governments need, instead, is a set of prescriptions that vary by place. This more granular approach recognizes that we cannot deregulate our way out of the climate crisis, but also that more situational zoning is required with a menu of options for increasing density and reducing carbon emissions. 

Excited to share new open access article on the diverse cities of global urban climate governance written with Jacob Fortier and published in the Global policy journal: https://lnkd.in/gFhxwBR6. In this article, we ask: What are the characteristics and position of cities participating in global urban climate governance? We looked at the membership composition of 15 climate transnational city networks and studied cities’ size, location, globalness, and politico-administrative status. We paid particular attention to member cities of multiple networks. Our methods included network analysis and interviews. The most central cities are global and large cities from the Global North AND the Global South, although the latter are often less studied. Many smaller cities from the Global North also have a high centrality. Small cities and cities from the Global South are much less central, BUT they do participate in global urban climate governance. They are interested in enhancing climate policies. Those GS cities with multiple memberships are larger than their GN counterparts. What might cities make of centrality? Our interviews suggest cities join multiple networks to showcase their work, enhance their reputation at the global level, and promote their interests and ideas. Centrality might lead to more framing power. Centrality doesn’t equate innovativeness. Lack of centrality doesn’t equate being a laggard. We need to look more at what small cities and cities from the Global South are doing. Because they are doing things! They are part of that system! Maybe of interest to (and I apologize for cross-posting): Benjamin Leffel, Ph.D., Michele Acuto, Isabelle Anguelovski, Ryan Bellinson, Sayel Cortes, Jeroen van der Heijden, Agustí Fernández de Losada Passols, Ricardo Martinez Arias, Pablo Fuentenebro, David Gordon, Milja Heikkinen, Jose-Manuel LEAL, Taedong Lee, Elisabetta Mocca, Fritz Nganje, Anne Bach Nielsen, Vanesa Castan Broto, Lorena Pasquini, Jean Mercier, Matthew Paterson, Ekaterina Domorenok, Hannah Abdullah, CIDOB (Barcelona Centre for International Affairs)... Do share with those I forgot here!

Why and how do we adapt buildings to be climate resilient?   Integrating climate resilience into our real estate investment processes is a major part of our business strategy. We showcase this in our Approach to Climate Resilience which details why we believe it is crucial to adapt buildings to be climate resilient, and how we are embedding climate-related considerations into our operations. Developed with guidance from Better Buildings Partnership, this document provides an insight into what we are learning, and what more we need to do.   🔹 Read more here: https://lnkd.in/e58zgVdM Steven Evans Emily Hamilton Chris Beales, CFA Cathy Keir Joey Aoun Julie (ann) Futcher Hristo Markov #ClimateResilience #Sustainability #riskmanagement #ClimateChange #RealEstate

New York plans to factor #climate into all budget decisions “By weighing these impacts in the critical early stages of the budgeting process, we will know how each dollar the city spends affects citywide #sustainability and #resiliency.” 👉 https://lnkd.in/dNzvjG_P City of New York