How Can the Real Estate Industry Become More Resilient? An Expert Explains

World Economic Forum, Nov. 8, 2022–Kalin Bracken
Climate risk is probably the most recognized area of resilience for the real estate sector as it has become hard to deny that the frequency and severity of extreme weather events such as wildfires and hurricanes is on the rise. While insurance can help to manage some of those risks, premiums have skyrocketed and investors are increasingly looking at the ability of properties to adapt to and withstand both acute and chronic climate events.