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Inside Citi’s plan to deploy $100 billion for cities, renewables, climate
Feb 18, 2015
Today, Citi, the global banking giant, is announcing its next-gen sustainability strategy that includes an eye-popping number: $100 billion over 10 years for “lending, investing and facilitating” activities focused on mitigating climate and other sustainability solutions.
The market doesn't charge for Florida's climate risk
Feb 17, 2015
Twenty-year government bonds and thirty-year mortgages are bumping into the horizons for serious damage to South Florida from rising seas. So far, those enormous risks haven’t sent home prices tumbling, or sent borrowing costs skyrocketing.