“When Hurricane Sandy pummeled the east coast of the U.S. and the Caribbean in October 2012 it exposed millions of people and billions of dollars worth of economic assets to the sorts of hazards that might be expected to increase as a result of climate change. An estimated 1.8 million structures and homes were destroyed or damaged, with economic losses exceeding $65 billion”. If the issue of global climate change is not addressed properly, it will create enormous economic challenges that will create huge price tags on the global economy; …show more content…
As part of that PlaNYC effort, kicked off April 22, 2007, the city convened a panel of experts to assess the risks posed by climate change. The number-one risk, according to a report issued this past December: infrastructure failures—from a shutdown of the power grid, as occurred in the 2003 blackout, to a degradation of the city 's water …show more content…
As we continue to face these environmental challenges, I believe that humanity should focus on the global solutions which are difficult to accept but will yield fruitful results in reducing the impact of climate change. For example, New York City continues to make a difference by creating a system of management that will focus climate change initiatives, while at the same time focusing on adaptation programs as a way forward in reducing the impact of climate change. Hertsgaard writes, “Cynthia Rosenzweig, a senior research scientist at the Goddard Institute for Space Studies at Columbia University and chief science adviser on New York’s plan says, “Adaption helps you manage today’s climate extreme- the storms and floods that would be occurring regardless of climate change- as well as the greater extremes that climate change will bring in the