IN THE PRESS
A CALL TO ACTION
A manifesto for private investment and economic growth to drive new jobs in America in an era of global climate change.
The National Oceanic and Atmospheric Administration warns “in the United States almost 40% of the population lives in relatively high population-density coastal areas, where sea level plays a role in flooding, shoreline erosion, and hazards from storms [and] globally, 8 of the world’s 10 largest cities are near a coast.” Between now and the year 2050, climate shocks will compel everyone to adapt to shifting weather conditions. Catastrophic movement of seashores, dramatic transformations to cities and towns will alter the economies of millions of lives that, even now, hang in the balance.
A Call to Action: How to Save Millions of Lives offers a new perspective to protect lives and billions of dollars in property loss from dramatically changing weather patterns. Authors – Eric Kaufman and Joaquin F. Matias – provide a vision for establishing sustainable, resilient relocation communities for geographically vulnerable residents who will need relocation strategies and the nearly 2 billion additional people expected to populate the earth within the next generation.
This manifesto for economic growth – wrapped around employment growth, housing and investment opportunities – will accelerate jobs for America. A Call to Action reframes the climate-change discussion to mitigating the risks of stranded assets, offering innovative financing strategies for public infrastructure and exploring emerging and available technologies.
Renowned geophysicist, climate expert and scientist, Klaus Jacob of Columbia University’s Lamont-Doherty Earth Observatory, writes “A Call to Action is a mind boggling, kaleidoscopic tour-de-force ranging from the utopian to the very urgent and practical . . . . It is a visionary manifesto for how to secure a brighter future.”
All proceeds will go to The NRF. Purchases made by U.S. individuals and companies are tax deductible.
Author, Kaufman, sees “Plan Relocation (Plan R) as a viable, practical, public-private-community strategy that opens up tremendous financial and investment opportunities.”
“Companies are uniquely poised to restore many regions in our country by working through public, private and community partnerships,” according to co-author, Matias.
Donovan Burton, Founder of Climate Planning, a consultancy specializing in climate change adaptation, predicts “A Call to Action will pay valuable dividends to investors, property developers and politicians in creating a wealth of opportunities while preparing for our common future.”
New York, United States – March, 2017.
Friends of the Dryline (FOTD)
The NRF formed the Friends of the Dryline (FOTD) initiative in April 2015 as a pilot project to advocate for increasing planning dollars and capital to New York City’s efforts to protect its 10-mile lower Manhattan waterfront. The FOTD supported the plan initially known as the BIG U, then re-branded as The Dryline and is now called The Lower Manhattan Coastal Resiliency Plan.
Through the efforts of the FOTD, along with two City Funded agencies, the City allocated an additional $11 million in planning dollars and $100 million to the $511 million of federal funds granted through HUD’s Rebuild By Design and the National Disaster Resilience Competition programs.
The NRF encourages the City to seek additional funding in the form of foreign capital including sovereign wealth funds, private developer capital, union pension fund investment and climate bonds to jump start this multi-billion project.