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Before the Flood

Climate change is creating new problems and difficult choices everywhere, but coastal zones are particularly susceptible because of the double whammy of sea-level rise and increasingly intense storms.

In the U.S., the National Flood Insurance Program is supposed to keep flood insurance affordable while staying fiscally solvent. Climate change is making that mandate all but impossible. The Washington Post examines the politically fraught challenges of getting incentives right for a program that is $25 billion in debt and still underwriting properties that have filed as many as 40 claims.

Meanwhile, a century-old cranberry bog in Massachusetts is being re-wilded as an experiment in creating “natural infrastructure” that can buffer coastal regions, according to the New York Times.

For the Philippines, an archipelagic nation in the typhoon belt of the Pacific, the challenges are critical. Kenneth Hartigan-Go of the Asian Institute of Management has an overview in Global Network Perspectives.

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Contributors


Robert P. Harrison
Rosina Pierotti Professor in Italian Literature and Chair of the Department of French and Italian, Stanford University; Host, "Entitled Opinions (about Life and Literature)"

Andrew Kassoy
Co-founder, B Lab

John Rice
Founder and President, Management Leadership for Tomorrow

Victoria Mars
Chairman of the Board, Mars Inc.

Jeffrey A. Sonnenfeld
Senior Associate Dean for Leadership Studies & Lester Crown Professor in the Practice of Management

David Wertime
Senior Editor, Foreign Policy Magazine

Sean Greene
Managing Director, Siguler Guff

José Luis Rodríguez Zapatero
Former Prime Minister, Spain

Nasser Saidi
Chief Economist, Dubai International Financial Centre; Executive Director, Hawkamah, the Institute for Corporate Governance

Anne Kvam
Head of Corporate Governance, Norges Bank Investment Management