Reports of scientific studies and local government initiatives to deal with the challenge of swelling oceans fill the internet and traditional media daily. Technical experts dealing with sea level rise are hard at work in South Florida, California, the Carolinas, New York, Virginia and other vulnerable areas the world over.
But responsible action on sea level rise issues requires another dimension of planning, for which we have just begun.
Wall Street has a role to play too, as does your local bank and credit union. You have a personal financial role as well.
Monetary and budgeting strategies to cope with sea level rise, for the average homeowner, renter and small business owner need to be crafted today...to be ready for tomorrow.
In this episode, we explore some proposed tools and blueprints that financial institutions, consumers and governments should consider to properly plan for the near-term.
Failure to adapt your financial roadmap today will result in missed options tomorrow.
Here we cover the comments of Dr. Leonard Berry Director of the Florida Center For Environmental Studies at Florida Atlantic University and South Florida Attorney and sea level rise advocate Mitch Chester on this vital aspect of preparing for rising seas.
Contact Mr. Chester here.