Jumbo-Sized Financial Risk With a Side of Climate Change
Episode description
To prepare for the intensifying impacts of climate change and the resulting physical risks to property assets, host Maiclaire Bolton Smith sits down with CoreLogic’s Public Policy and Industry Relations Executive Pete Carroll to discuss how climate-related financial risk influences government policy, with a focus on President Biden’s Executive Order 14030.
Learn more about how governmental policy affects the property industry by following along with CoreLogic analysis: https://clgx.co/3zqhBZt
Read more about the Dodd-Frank Act here, and check out the following episodes for further discussions about the effects of climate change on the property market:
- Catastrophic Change is Pushing Real Estate to Redefine Protection
- Why Climate Change Should Take More Real Estate in Industry Conversations
- Understanding Weather Risk: The Consequences Will Blow You Away
In this episode:
3:56 - Background on Executive Order 14030
5:28 - Who is involved in making this regulation a reality?
6:57 - Have there been any recommendations on how to implement the strategic goals outlined in this executive order?
11:20 - Which of these policy recommendations may be implemented?
14:00 - The future of climate change
16:25 - What is the timeline for the implementation of this executive order?
18:18 - What can property professionals do to prepare themself for these changes?