I spent 8 years flood-proofing a city. Capital markets are running out of time to take El Niño seriously

Federal forecasters predict a high likelihood of a strong El Niño this winter, emphasizing the urgency for resilience infrastructure investment. A former Hoboken mayor highlights successful flood-mitigation projects like ResilienCity Park, which reduced flooding and protected economic stability, while noting capital markets are lagging in treating resilience as a distinct investment category. Boston Consulting Group projects $3 trillion in annual resilience-focused investment demand by 2030, with inaction costing up to 15 times more.