Taking the heat: making cities resilient to climate change
Climate change is a global issue, but cities—particularly ones with high population densities and robust economic activity—are likely to find themselves on the frontlines of adapting to climate extremes. Investments in everything from seawalls to transportation systems, buildings, and electricity grids could drive the largest infrastructure buildout in history, according to Goldman Sachs’ Global Markets Institute. Cities will need to seek new and innovative sources of financing to support their adaptation to climate change.