Adaptation Costs of Climate Change Risks via UrbanLand

How can climate change risks and adaptation costs be accounted for in real estate investments, especially given the indeterminate nature of the timing of climate change events?

Climate change is the leading environmental issue of our time, one that likely will be around for decades to come. Increasingly, the urban development and real estate industries will be directly affected by the climate problem—and play a key role in achieving solutions.

Much has been written about the importance of green building design and operations in reducing or mitigating the emissions that cause climate change. However, measures are also needed to reduce the physical risks of climate change to buildings and infrastructure so that the built environment will be more resilient—or able to adapt—to anticipated impacts.

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