In early December, ULI members gathered virtually to discuss climate risk and real estate at the second annual Resilience Summit. The event’s agenda focused on how real estate and land use professionals can prepare for and adapt to the impacts of climate change, and where leadership could help shape better outcomes for the future.
ULI MEMBER-ONLY CONTENT: As COVID-19 has changed housing preferences and led to some migration away from metropolitan areas, climate change also is beginning to trigger migration in the United States, said experts at the 2020 ULI Virtual Fall Meeting.
ULI and Heitman, in collaboration with Arup Group and consulting group Milliman, in newly published research find that real estate investors are starting to look beyond individual property vulnerability to climate change and to scrutinize the resilience of the broader market.
Extreme heat is the number-one weather-related cause of death in the United States, according to the Centers for Disease Control and Prevention, and extreme heat can also harm infrastructure as well as the overall economy. What if it were possible to make cities cooler—that is, actually lower urban temperatures to improve the quality of life—with more-resilient development?
ULI’s Urban Resilience team interviewed several public leaders in June to identify how U.S. cities are preparing for natural disasters during the COVID-19 pandemic. A key focus was how cities are providing resources to their most vulnerable residents, who are most at risk for both COVID-19 and climate emergencies.
