One Cool Thing: Keep Your Mortgage Climate-Safe

One Cool Thing: Keep Your Mortgage Climate-Safe

Seattle-based real estate app and website Redfin has announced it will include climate risk in all of its listings to help customers make climate-smart decisions regarding significant real estate investments. The feature is powered by ClimateCheck, a company that measures the regional risk of climate-related disasters. “A home is a huge financial investment, and these […]

Continue Reading 197 words
Biden Signs EO to Evaluate and Mitigate Climate-Related Financial Risk

Biden Signs EO to Evaluate and Mitigate Climate-Related Financial Risk

Yesterday, President Biden signed an executive order on climate-related financial risk, a cross-governmental plan that directs federal agencies to identify and mitigate financial risks presented by climate change to Americans, businesses, and the government itself. The administration said that Americans are already facing risks due to worsening extreme weather events and other climate threats and they deserve […]

Continue Reading 653 words
Fannie and Freddie Mortgages Vastly Underestimate Flooding Risks

Fannie and Freddie Mortgages Vastly Underestimate Flooding Risks

Climate-induced flooding has inundated coastal cities, yet new reporting from Politico shows that government mortgage lenders like Fannie Mae and Freddie Mac continue to pump money into severely flood-prone property markets.  As such in the Florida town of Hialeah, federal taxpayers hold greater than 60% of home mortgages. And as Politico explained, “if the homes […]

Continue Reading 603 words

Want the planet in your inbox?

Subscribe to the email that top lawmakers, renowned scientists, and thousands of concerned citizens turn to each morning for the latest environmental news and analysis.