Older Homebuyers More Likely to Take Climate Risks
Older Americans are more likely than younger Americans to buy homes in places with significant climate risk. according to a new report from Redfin.
Buyers Want More Sustainable Homes, Zillow Report Says
Zillow’s 2025 “Home Trends” report says homebuyers are increasingly looking for homes with climate-resiliency features.
Climate Change Is Moving Faster than Flood Insurance, Forcing Mass. Banks to Adapt
Worsening extreme weather, linked to climate change, is bringing catastrophic flooding to homes that have never seen it before, and it’s putting financial institutions risk of serious losses.
Banks Can Win by Leading the Low-Carbon Transition. Here’s How
The global transition to a low-carbon economy is not just about managing risk – it’s a massive commercial opportunity for banks.
Powell: Fed Has Only Narrow Role to Play on Climate Change
The Federal Reserve has only a limited role to play in combating climate change, Chair Jerome Powell said Tuesday, a stance that puts him at odds with environmental activists who have pushed central banks worldwide to take steps to restrict lending to energy companies.
There’s a Better Way to Regulate Climate-Related Risk
Regulators and politicians must recognize the complex nature of climate-related risk and develop rules as a series of steps, not aim for perfect regulations from day one.
Embattled Fed Pick Bloom Raskin Withdraws Nomination
Sarah Bloom Raskin, under fire from Senate Republicans for her views on climate change and financial regulation, has withdrawn her name from consideration for a key post on the Federal Reserve’s Board of Governors.
Weather Weighs on Insurance, Home Lending Decisions
The cost of homeowners insurance is on the rise, and not just because property values went up – almost 20 percent across the board – during last year’s homebuying frenzy.
FSOC Endorses Efforts to Address Climate Risks
U.S. financial regulators on Thursday approved a series of steps toward addressing the dangers that climate change poses to the nation’s financial system.
Administration Outlines Options to Control Climate Risk in Mortgages, Banking
The report lays out steps that could potentially alter the mortgage process, stock market disclosures, retirement plans, federal procurement and government budgeting.
Banks Must Worry About More than Physical Climate Risks
The accelerating pace of progress in fighting climate change will likely mean increased scrutiny and supervision, from both investors and regulators, of the banking sector – which our findings show is far more exposed to climate risk than banks are disclosing.
