This paper proposes three complementary policies for enhancing urban resilience to new climate risk. The first focuses on improving key urban infrastructure. The second addresses the urban poor, who are the most vulnerable in the face of climate change risks. The third proposal aims to reduce the cost of adaptation through better-functioning markets, and to allow prices of natural resources, energy, and coastal insurance to reflect true conditions.
Matthew Kahn and David Levinson propose a reorganization of our national highway infrastructure priorities to preserve, maintain, and enhance existing infrastructure and the creation of the Federal Highway Bank to meet these goals.
The Hamilton Project and the Metropolitan Policy Program held a forum focused on state strategies that can help close budget deficits while also growing state economies and creating much-needed jobs. As part of the event, The Hamilton Project released three new policy papers, as well as a strategy paper, focused on helping state and local governments invest more efficiently in infrastructure to ensure long-term economic competitiveness.