The Rockefeller Foundation is about to disband its “100 Resilient Cities” climate-adaptation initiative, according to Bloomberg. The initiative was the largest privately funded climate adaptation program in the United States.
Started in 2013, the program was meant to help cities like Boston, Miami and New York prepare for “threats related to climate change.” Rockefeller plans to close the organization’s offices and dismiss its staff of about 100 as soon as this summer. The move coincides with a pullback in climate change work by the Trump administration, which has worked to reverse some policies designed to spend resources on preparing for global warming.
The demise of the program could also be a result of leadership changes at the foundation. It was created by Judith Rodin, who was president of Rockefeller until 2017 and former president of the University of Pennsylvania. She was succeeded by Raj Shah, who had formerly run the US Agency for International Development….
An excerpt from ZeroHedge