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Property

USA - Mortgage market is unprepared for climate risk, says industry report

With numerous stakeholders in housing finance, climate change will send significant stress down a long financial line, according to a Mortgage Bankers Association report. The report said it could increase mortgage default, increase the volatility of house prices and produce significant climate migration.

Coastwide
Property

USA - Ida reinsurance recoveries significant for some, backup cover likely needed

Information from sources suggests that some primary insurance carriers are likely to recover significant amounts from their reinsurance arrangements after hurricane Ida, while a number of insurers are likely to exhaust their reinsurance towers completely, and some catastrophe bonds remain exposed.

Coastwide
Aquaculture

USA - Charting a Course Toward Offshore Aquaculture

A CRS report finds that offshore aquaculture can spur economic growth if permitting reform takes place.

Coastwide
Waterways

The gigantic boat that can carry cruise ships

(CNN) — Few man-made movable structures are larger than a modern cruise ship, but even those giants of the sea sometimes need someone to lend them a hand to get to port.

Coastwide
Federal

USA - FEMA: 'No delay' in new flood insurance rates

The Federal Emergency Management Agency is moving ahead with the launch of a new flood insurance rating system next week, brushing aside last-minute pleas from lawmakers and advocates to delay the changes, a senior agency official told E&E News yesterday.

Coastwide
Federal

USA - A Flood of Risk

The federal flood insurance program has historically subsidized rich coastal homeowners. FEMA says they’re fixing that, but it could be false hope.

Coastwide
Advocacy

World - Vital role of ocean in upcoming COP 26 highlighted by world leaders as UN Global Compact launches Ocean Stewardship Coalition

New ‘Ocean Stewardship Coalition’ will scale up the global impact of ocean business to meet the urgency of climate crisis and 2030 Agenda for Sustainable Development

Coastwide
Justice

USA - Hurricane Ida shows the one-two punch of poverty and climate change

US President Joe Biden’s environmental-justice adviser says: tackle inequality and global warming together.

Coastwide
Property

USA - Floods Have Swamped the US. The Next Health Problem: Mold

The goo that grows in soaked buildings can cause infections and allergies—an issue that’s understudied even as climate change leads to more frequent deluges.

By

WIRED

on

Coastwide
Property

USA - Climate Adaptation: Moving to Higher Ground in Your Region to Avoid Sea Level Rise

Wherever you live, climate change will transform your life over the next several decades. It will get hotter, drier, and homes near the coasts face flooding risk due to rising sea levels. If you aren’t ready to stay in your coastal home despite the risks, it’s time to consider moving to higher ground in your region — and to learn about the factors that should influence your choice of locations.

Coastwide
Aquaculture

World - The Blue Food Assessment: Scientific consortium identifies “ocean of opportunities” for sustainable seafood

21 Sep 2021 --- Research published by the Blue Food Assessment (BFA) – an initiative spearheaded by more than 100 researchers from over 25 scientific institutions – ranks seafood more highly than terrestrial animal proteins in terms of their nutritional benefits and potential for sustainability gains.

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Property

FL - Rising seas will change the coast and the groundwater beneath your feet

Most attention has been on overland flooding, but water coming up through the earth could prove a bigger threat.

Coastwide
Federal

USA - NMFS funding $2.2 million for bycatch reduction projects

NMFS funding $2.2 million for bycatch reduction projects. Federal officials announced $2.2 million in funding is being awarded to partners around the U.S. to support innovative research through the NMFS Bycatch Reduction Engineering Program.

Coastwide
Advocacy

US - Commentary: Don't dismiss hurricane's trauma if you haven't lived through it

Hurricane Hugo changed my life forever. When I saw the sun rise again the day after, the morning of Sept. 22, 1989, I was surprised to be alive.

Coastwide
Tourism

US - The Best Dog-Friendly Beaches In The U.S.

Looking for a doggone good time? How about a beach day with your furry best friend? Whether you and your pup need to cool off during the dog days of summer or are just looking for plenty of room to play and explore, there’s a dog-friendly beach for that!

Coastwide
Property

US - Physical climate risk to major US banks over $250 billion annually: Ceres

Research from Ceres, the non-profit focused on sustainability challenges such as global climate change and water scarcity and their implications, has found that major US banks have more than $250 billion of exposure to physical climate risks annually sitting in their loan portfolios.

Coastwide
Science

World - Coastal ‘Blue Carbon’: An Important Tool for Combating Climate Change

Protecting and restoring coastal wetlands can help countries around the globe and U.S. states advance their climate goals

Coastwide
Property

USA - By any measure, this is a busy era for American hurricanes

It’s not unusual to have two or three tropical systems brewing in the Atlantic Ocean in mid-September. But it is noteworthy that we’re ready to hit the “O” storm — Odette — and may soon see “P” for Peter.

Coastwide
Science

USA - Companies hoping to grow carbon-sucking kelp may be rushing ahead of the science

Sinking seaweed could sequester a lot of carbon, but researchers are still grappling with basic questions about reliability, scalability and risks.

Coastwide
Science

USA - NOAA Announces FY22 Notice of Funding Opportunity to Expedite Harmful Algal Bloom Control Technologies

NOAA’s National Centers for Coastal Ocean Science (NCCOS) is pleased to announce a Fiscal Year 2022 Notice of Funding Opportunity (NOFO) for a project that will expedite the development and implementation of harmful algal bloom (HAB) control strategies.

Coastwide
Advocacy

NCCOS Partners with OCM to Host Coastal Management Fellows

NOAA’s Office for Coastal Management (OCM) has announced the release of the Fiscal Year (FY) 2022 Coastal Management and Digital Coast fellowships request for proposals.

Coastwide
Science

USA - Algal Toxins Found in U.S. Seabirds

A publication sponsored in part by NCCOS presents a retrospective analysis of harmful algal bloom (HAB) related mortality events in California, Washington and Rhode Island between 2007 and 2018 involving 12 species of seabirds.

Coastwide
Science

NCCOS and IOOS Contribute to Successful Kickoff of HAB Observing Group

On September 1, 2021 NCCOS, the U.S. Integrated Ocean Observing System (IOOSⓇ) Office, and the IOOS Association organized the inaugural meeting of a newly formed Harmful Algal Bloom Observing Group (HAB-OG). The HAB-OG is a next step in implementing and sustaining the National Harmful Algal Bloom Observing Network (NHABON).

Coastwide
Waterways

World - Shipping container rates continue to soar despite increased attention

HOUSTON (ICIS)--Container freight rates continue to rise, and despite efforts by global shipping competition agencies and a commitment to freeze rates by some carriers, some players think that prices are unlikely to return to normal until the middle of next year, if ever.

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