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Real Estate Investors Want to Know What Cities Are Doing About Climate Risks

An article in Bloomberg CityLab highlights how real estate investors and developers are increasingly taking into consideration climate risk factors in deciding whether to purchase land, including looking at what local governments have done to prepare for climate change. The article underscores the fact that the real estate industry is increasingly recognizing that the long-term viability of investments will be dependent on factors such as climate predictions, critical infrastructure investments, and fiscal policy constraints.

"Cities will need to show real estate professionals that they are financially secure, prepared for an emergency, investing in infrastructure and making commitments to energy efficiency and science-based decision-making," according to a report cited in the article.

Real Estate Investors Want to Know What Cities Are Doing About Climate Risks, Bloomberg CityLab