I served as mayor of Hoboken for eight years, and one of the clearest lessons from that job was that climate resilience is not a branding exercise or a political talking point. It is a matter of economics.
When a city floods repeatedly, the damage does not stop at roads, parks or public works. It hits property values, small businesses, insurance costs, municipal budgets and investor confidence. That is why the federal government’s decision to reopen funding for the Building Resilient Infrastructure and Communities program deserves attention. For cities dealing with physical risk, this kind of investment is simply good business.
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