Report: Climate change poses risk to real estate investments beyond the coasts
Story Date: 7/27/2021

 

Source: WRAL TECHWIRE, 7/26/21

 
According to a new report co-authored by The Climate Service, real estate investments are especially prone to climate risk, as the impact of climate-related damage from rising seas and storms along coastlines is projected to cost cities as much as $1 trillion each year by the year 2050. “As climate risk assessment and reporting become mandatory and mainstream, the ability to understand and assess climate risk accurately and comprehensively will be critical ..."

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