E336: Copenhagen Flooded Three Times. Here's How They Fixed It — And Who Paid.
Stella Whittaker spent four years doing a PhD on one question: why is it so hard to raise money for climate adaptation — the part of the climate crisis that's already happening?
Her answer is in this episode. And it starts in Copenhagen, where three extreme flooding events in a row caused billions in damage and forced a city to redesign itself from the ground up — 300 projects, new street layouts, underground car parks built to double as flood infrastructure, all funded through a tariff on water.
Stella is Lead of Climate Transition at Haskoning and was part of a €10 million European research project with 50 partners and 20 pilot municipalities. She now works to bring those models to Australia and the Asia-Pacific.
We cover: why adaptation finance is the Cinderella of climate finance, what a real adaptation project actually looks like and how it gets funded, why Danish banks missed a once-in-a-generation opportunity to lead the world in adaptation bonds, and how developing countries can use the UNDP guide and Cities Climate Finance Laboratory to actually mobilize money — not just write reports.
"It is possible. We just need to take a little bit of extra time and effort."
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