Zillow has removed climate risk scores from its listings nationwide, but Massachusetts homebuyers could get at least one major safeguard from a bill before the state Legislature.
While across the nation homeowners of color are more likely to face major climate hazards, in Greater Boston climate risk is largely the same across racial demographics.
Older Americans are more likely than younger Americans to buy homes in places with significant climate risk. according to a new report from Redfin.
Zillow’s 2025 “Home Trends” report says homebuyers are increasingly looking for homes with climate-resiliency features.
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.
The global transition to a low-carbon economy is not just about managing risk – it’s a massive commercial opportunity for banks.
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.
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.
Sarah Bloom Raskin, under fire from Senate Republicans for her views on climate change and financial regulation, has withdrawn her name from consideration for a key post on the Federal Reserve’s Board of Governors.
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.
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.
The report lays out steps that could potentially alter the mortgage process, stock market disclosures, retirement plans, federal procurement and government budgeting.
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.
