As global greenhouse gas emissions increase beyond modeled worst-case scenarios, changing climate and weather patterns introduce new dimensions of uncertainty into an already rapidly evolving real estate marketplace. Storms, surges and sea-level rise reshape the risk profile for land use decisions in coastal regions. How are investors, owners and communities mitigating or pricing this risk? Are available information sources able to adequately support professional and underwriting practices? How are these issues informing site selection criteria and redefining the responsible use of land?
ULI will convene an interdisciplinary group of market stakeholders including investors, lenders, insurers, owners, and planners to assess how underlying climate-related risks are informing land use decisions in coastal regions. Discussion will explore how recent storm events and environmental trends present new challenges to communities and real estate markets. This leadership dialogue will inform future research and programs across ULI councils and networks.
- Are existing and emerging environmental risks priced into coastal markets?
- Is the appropriate information available to underwriters to adequately assess risks?
- How might climate adaptation strategies shape real estate markets?
- What role will insurance practices play in shaping land use decisions?
- How are regions and communities seeking to be “resilient” through infrastructure investments?
- What are emerging scenarios for resilient infrastructure funding and finance?
- Forum Summary Document
- Online Knowledge Resources
- ULI District Council and Product Council Program Toolkit
ULI has a limited block of sleeping rooms available at the Georgetown Suites (1000 29th Street, NW, Washington, D.C.) until December 18, 2012 at a rate of $195/night. Please call 1 (800) 348.7203 to make your reservation and be sure to mention ULI in order to secure the special rate.
“Risk and Resilience in Coastal Regions” is an invitation-only event. For more information on participating in this event, please contact Uwe Brandes at firstname.lastname@example.org.