Home
Focus Areas
About Us
Climate change is already having a big impact on real estate prices, and it's only going to get worse, according to researchers at the University of California-Santa Barbara.
In a paper published Wednesday in the Proceedings of the National Academy of Sciences, the researchers say that while it would be "moderately bad" for real estate agents to have to worry about climate change, "if the fundamental uncertainty is directly about the dynamics of the climate such as uncertainty about sea level rise, the timing of tipping points, or the economic damage of weather, then climate change can itself become a key driver of economic growth."
That's why, when it comes to real estate, "asset prices can move with climate risks," the researchers say.
"As finance theory tells us, the appropriate discount rate for these investments will contain a risk premium that will be the opposite of the risk premium associated with the risk to be mitigated: calibrations in which climate risk coincides with bad economic outcomes and where it commands a high risk premium will also imply that very low discount rates apply to climate mitigation and adaptation investments (because they will earn a negative risk premium)."
The researchers surveyed professional economists, investors, and policymakers and found that "a large majority of respondents believe that climate risks are not
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Foundation: Minneapolis Foundation
A federal judge has ordered the Trump administration to release $180 million in federal funding for environmental justice projects, including $60 million in the Pacific Northwest.The Environmental...more
Future Fabrics Expo 2025 is a sourcing and knowledge platform for sustainability in textiles and materials.New participants include RE-SOLVE Lab presenting circular solutions for fashion and...more
Kenya has four primary motor vehicle assemblers: Associated Vehicle Assemblers (AVA) in Mombasa, Kenya Vehicle Manufacturers (KVM) in Thika, Isuzu East Africa Limited (ISUZU) in Nairobi and...more
The Venice Architecture Biennale 2025 is about how architecture needs to adapt to climate change.Tosin Oshinowo's award-winning installation is inspired by Lagos markets, where discarded Western...more
African Island States Advance Ocean Partnerships and Finance Innovation at UN Ocean Conference | United Nations Economic Commission for Africa You are hereHome " Stories " African Island states...more
Morgan Stanley Climate Fund Invests $30 million in Methane Emissions Management Platform Insight M.Insight M is an energy sector-focused methane management solutions provider.The investment was made...more
"You also increase the likelihood of having severe sleep apnea by 40%," lead author says.The study used about two years of sleep data from more than 125,000 people worldwide.The risk of having a...more
The Fourth International Conference on Financing for Development (FFD4) presents a critical opportunity to reform financing at all levels.UNDP will host a side event at FFD4 in Seville titled "From...more
U.S.industrial emissions have been mostly unchanged, in part because of coal, gas and oil.EU's new Carbon Border Adjustment Mechanism imposes a tax on the emissions associated with imported steel,...more
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.