A recent article in The Energy Mix highlights a growing risk that many municipal leaders already feel on the ground: cities that fail to properly assess climate risk are setting themselves up for long-term financial and infrastructure instability. In the United States, researchers are now documenting a “climate-debt doom loop,” where repeated climate shocks erode property values, weaken municipal tax bases, and make it increasingly difficult to finance the resilience investments communities need to remain safe and solvent. Canada is not immune to this dynamic. While our municipal finance system differs from that of the U.S., the underlying risk exposure is the same. Climate impacts are accelerating, infrastructure is aging, and many municipalities lack the tools needed to understand their true risk, let alone to prioritize and finance adaptation in a disciplined, defensible way. This is the gap NOAH CityTwin™ was created to address.