#mitigatingclimatechange

"A study released by researchers for Rebuild by Design and Ramboll, an architectural engineering firm, suggests that every dollar invested in green infrastructure ultimately yields $2 in “avoided losses” (office closures, waterlogged inventories, flooded basements) and other benefits (improved home values and public health) [...] Just days before the September storm, New York’s mayor, Eric Adams, slashed $75 million that had been slated for the city’s Parks Department to deal with a budget crunch. Disinvestment in parks is going to cost the city in the long run because parks are a first line of defense against climate change."