Colorado's explosive outdoor industry growth is emerging as global model

In the wake of Hurricane Sandy, necessity has bred an interesting kind of financial invention for the New York MTA: the world’s first “catastrophe” bond - a reinsurance for the insurer - designed to protect public transportation infrastructure, specifically against storm surge. These bonds privatize risk for public gain, creating a kind of tool that may protect economic development against all kinds of natural and man-made disasters around the world.

Raton, a town once surrounded by eight coal mines, now has a main street of boarded-up buildings. There is reason for optimism as the town diversifies its local economy, betting on "a mix of small manufacturing businesses, health care and specialty services, and hospitality for travelers" to endure the sudden decline in mining revenue. Its calculated revitalization may hold lessons for other towns.

An increasingly popular way to attract foreign direct investment is to let the world’s wealthiest trade cash and property investments for citizenship. The $2 billion-a-year industry allows the ultra-rich to buy passports that permit visa-free travel to nearly the entire world, often with no residency requirements. Highly controversial, the industry is marked by a lack of transparency and concerns about what happens to civic ties when citizenship can be bought and sold.

Bozeman, Montana, a city grappling with how to plan for growth in a smart and strategic way, is looking to learn from Fort Collins, Colorado. The two cities are similar in terms of the features that make them appealing: once low-cost, small college towns with beautiful scenery and lots of space. Now, Fort Collins’ population has soared, and critics say development could have been smarter. Bozeman is learning lessons about planning and inclusivity, hoping not to make the same mistakes.

Women only gyms are gaining popularity in Turkey, encouraging women to work out in a comfortable setting as well as to gain financial independence and entrepreneurial advice. Many of these women use their gym networks to overcome obstacles in the business community in open their own gyms, despite the pushback against women working outside of the home.

Redeveloping and repurposing unused real estate provides a path toward economic revitalization. With a combination of public and private grants, the nonprofit group, International Sonoran Desert Alliance (ISDA), has purchased and redeveloped real estate in the town of Ajo, Arizona. The renovated town plaza and Curley School complex contain retail spaces, artist studios, and even house community gardens of the Ajo Center for Sustainable Agriculture.

In Indonesia, transferring land management rights to local residents is slow-going, but one community is setting an example for what can happen when the residents are in charge. Mandiri farmers formed a cooperative and began replacing hillsides; now, tourism to the area has increased and attitudes towards the land and community have changed.

A solar workgroup in Virginia is inviting developers to present information on the best ways to build solar and battery storage projects for the region; a new approach they are taking after previous failures in getting solar projects off the ground. Despite a lack of funding and local developers in the area, solar advocates are hopeful that the passage of a new energy law in the Commonwealth could be an economic incentive for commercial-scale solar projects.

Este reportaje cuenta y explica la solución energética de Ticino, un pueblo de la provincia argentina de Córdoba. Quemando biomasa (cáscara de maní), la manicera de la localidad, que es también la empresa más grande del lugar, genera energía eléctrica que vende al Estado para abastecer al pueblo y a zonas vecinas. Esta solución beneficia a cientos de familias y permitió que durante el gran apagón nacional de 2019, Ticino continuara con luz.

Westminster Presbyterian Church in New York opens its doors to create the Pride House, a safe space for local LGBTQIA+ youth, once a week. Organizers provide snacks and games, and participation in the church is not required.