Lack of Transparency, Standardization Bring Real Estate Climate Risk Assessments into Question
Publish Date: 11/10/2021News Source: Urban Land
“This is a multitrillion-dollar problem to solve,” says Billy Grayson, executive vice president of the ULI Center for Sustainability and Economic Performance. “The better we get at forecasting this risk, the better we can price it and mitigate it.” …The firm has found wide variances in the analytical approaches to modeling climate change [and in] how physical risk is translated into financial impact.
