“We’re seeing hurricanes, four of the 10 most damaging hurricanes in the United States happened in the last 10 years. Recovery and rebuild continues in many cases. Last year we had the world’s most expensive wildfire on record in Los Angeles. These are market failures. Why are these things happening? Something is misaligned. Is it we’re not taking care of the natural environment? Is it that our built environment, our buildings and our structures are not able to cope? Where are the policies? Where are the updated building codes?…Now these storms are happening more frequently and with greater intensity and impacting a lot more people, people, communities, companies. It’s across the U.S. Everybody’s being impacted. So that’s the market failure. So how do we fix this?”
Kanika Singh on Electric Ladies Podcast
Every community in the U.S. and across the globe is now at risk from the ravages of climate change. What is your community doing to prepare? Kanika Singh calls these damages “market failures” because the market did not protect you/us from the damages. How?
Listen to Kanika Singh, Director of Innovative Finance at the Milken Institute in this enlightening conversation with Electric Ladies Podcast host Joan Michelson. (You’ll want to take notes.)
You’ll hear about:
- How to identify the market failures in your community, area or region.
- What the role and risk is of insurance companies in today’s physical, economic and political climate.
- Financial resources you might tap to make your homes and buildings more climate-resilient (including parts of the Inflation Reduction Act & Infrastructure Act that are still intact).
- How to rebuild differently so your homes, businesses, schools etc. are more resilient.
- Plus, career advice, such as:
” Don’t hesitate. Trust your gut…Try everything. Try what’s out there, go for a walk. Clear your brain. The outdoors always helps. You will find something, and if you don’t the first time around, that’s still okay because we are getting chances…. Look, learn, but don’t be afraid to take a chance, and if it doesn’t work out, it’s okay. I think we hold ourselves to very high and perhaps exacting standards of success sometimes. And that’s not human. It’s okay to be human.”
Kanika Singh on Electric Ladies Podcast
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You’ll also like:
- Impact Investing in New Hands – with Jolyne Caruso, Financial Executive, Investor and Wealth Advisor
- How to Talk Climate In a Polarized Culture – with Katharine Hayhoe, Climate Scientist, Professor at Texas Tech University & Chief Scientist at The Nature Conservancy
- How Hospitals Can Juggle 24/7 Care & Climate Impacts – Carol Gomes, CEO & COO, Stony Brook University Hospital
- New Venture Capital Models For Women and CleanTech – Cecile Blilious, Veteran Venture Investor, Venture ESG, European Women in VC
- Creativity & Relationships Secure Grants – with Megan Pater, CEO/Founder of Fund Nation and ECE Solutions
- Investing in Companies For Social Impact – with Meredith Shields, CEO of Citi Impact Fund
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