A new report from UNEP FI investigating how real estate markets have responded to recent extreme weather and chronic climate change impacts, and the implications for real estate investors and managers on forward-looking asset valuing, financial modelling, and climate risk analyses. The authors undertook a literature review to gather the empirical evidence for how - and how much - markets have started to price in physical climate risk and offer their insight and conclusions to how prices and values may react in the future. The evidence base is in fact modest, and the report gives recommendations for both stakeholder engagement activities across the finance and risk value chains as well as additional research to support asset allocation decisions, modelling, and investments in resilience.

For more information and to download the report click here.