Climate Change

The climate change real estate bubble risks billions

The climate change real estate bubble risks billions

States with the greatest overvaluation based on likely flood exposure and damage to properties in 2020-2050 Data: First Street Foundation; Chart: Axios Visuals A climate housing bubble threatens to erode real estate prices in much of the U.S. in the coming years, posing particular challenges for low-income residents, a […] Click here to view original […]

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Unpriced climate risk and the potential consequences of overvaluation in US housing markets

Unpriced climate risk and the potential consequences of overvaluation in US housing markets

Jesse D. Gourevitch , Carolyn Kousky , Yanjun (Penny) Liao , Christoph Nolte , Adam B. Pollack , Jeremy R. Porter & Joakim A. Weill Abstract Climate change impacts threaten the stability of the US housing market. In response to growing concerns that increasing costs of flooding are not […] Click here to view original

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Biden Can Make the World Bank a Leader on Climate Change

Biden Can Make the World Bank a Leader on Climate Change

WASHINGTON, DC – OCTOBER 13: World Bank president David Malpass speaks at a press conference on the fourth day of the IMF and World Bank Annual Meetings at the International Monetary Fund (IMF) headquarters on October 13, 2022 in Washington, DC. On Tuesday, the International Monetary Fund downgraded its […] Click here to view original

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Climate change threatens Connecticut. Coastal communitites are in the crosshairs

Climate change threatens Connecticut. Coastal communitites are in the crosshairs

Ian Morrison (left) and Callie Scheetz (right) of Project Oceanology throw out a line to trawl for abandoned lobster pots in the Thames River near Groton, Conn. during the filming for Cutline: Climate Change Along Connecticut’s Coast. Scientists say that colder water creatures are declining in Long Island Sound, […] Click here to view original

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Climate change can increase mental health disorders

Climate change can increase mental health disorders

Extreme heat and humidity and other climate-related events appear to increase mental health disorders such as depression and anxiety, according to analysis focused on communities in Bangladesh. While it is known that climate change can have serious repercussions for mental health, researchers say country-level data is lacking. The study […] Click here to view original

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