S1E3 - Follow the Money: Heat as an Economic Opportunity in New York City

S1E3 - Follow the Money: Heat as an Economic Opportunity in New York City

From The Philanthropist's Conversation by Pegasus

February 26, 2025 · 49 min · Season 1 · Episode 3

About this episode

This episode explores how philanthropy and private investment can enhance heat resilience in New York City.

New York is a place where private money has left a trail. From the high rise towers of Midtown, to large urban regeneration projects like the High Line, philanthropy is the reason New York rose up through the bad times and the good. So in this episode of the Philanthropist’s Conversation, our host Paula takes a deep dive into the world of philanthropic innovation, and asks a burning question: how can the private sector advance heat resilience? Paula meets with locals who can answer that question, and walk her through the history of New York’s iconic skyline. Along the way, we discuss the transformative impact of Michael Bloomberg’s policies and learn about the role of the Rockefeller Foundation in establishing Chief Heat Officers. Through real examples of grassroot initiatives and private-public partnerships, we break down how private investors and public authorities can come together to form a whole new system. So what does New York’s approach teach us about the power dynamics of heat resilience? How does philanthropy turn ideas into action? And what happens when the private sector sees heat not just as a crisis, but as an economic opportunity? Find out today on The…

People in this episode

Host: Paula

Topics covered

  • philanthropy
  • urban development
  • heat resilience
  • economic opportunity
  • public-private partnerships

Keywords

  • philanthropy
  • heat resilience
  • New York City
  • Michael Bloomberg
  • Rockefeller Foundation
  • urban development
  • economic opportunity

Mentioned in this episode

Organizations: Rockefeller Foundation

Places: New York City, Midtown, High Line, Rockefeller Center

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