UN body calls for ‘climate-adjusted’ pricing models to avoid sudden corrections in real estate sector

Climate change deniers and data gaps are contributing to skewed valuations, finds research

A home damaged by Hurricane Sandy in the US
A home damaged by Hurricane Sandy in the US

The UN wants real estate investors to help to design and test ‘climate-adjusted’ financial models in a bid to avoid an abrupt correction in pricing for the asset class. 

A project led by the UN’s Environment Programme Finance Initiative (UNEP FI) found that current property prices…

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