Real estate investors, owners, designers, and policymakers are increasingly turning to sophisticated data to understand how extreme weather events and other physical climate risks may affect portfolios, projects, markets, and residents. Climate data and the scientific models that produce risk ratings can influence capital and operations costs, insurance premiums and coverage, asset valuation, and sometimes where the industry invests and builds. These issues are more urgent than ever: in 2020, for the sixth year in a row, the United States had more than 10 natural disaster events that cost over $1 billion, and ULI published research demonstrating that climate risk is beginning to impact some investors’ interests in markets vulnerable to climate change.
In this webinar, hear from experts leading efforts to improve climate data and models for real estate development and land use policy. Speakers will share trends in climate analytics tools, recent updates to critical Federal flood rating models at FEMA, insights on insurance markets, and examples of how cities are leveraging data to improve resiliency and quality of life. Take away a critical understanding of what resources are available, how the field of climate analytics is growing, and what questions to ask now while climate risk model improvements are underway.