Property

Southeast
Property

FL -State Cabinet approves Florida Forever land conservation deals

Gov. Ron DeSantis and state Cabinet members drew praise from environmentalists Thursday after agreeing to spend $79 million on seven Florida Forever land deals.

International
Property

Int'l - Photography Focuses on Sea Level Rise and Eroding Communities

Narratives from applicants for the Getty Images Climate Visuals Grants provided a unique insight into the reality of climate change. Both winners focused on the impact of sea level rise.

International
Property

India - In a fortnight, second cyclone heading towards Indian coast

India Meteorological Department has turned on its cyclone-watch over a low pressure system that formed on Sunday.

Mid-Atlantic
Property

NC - ‘No other roads like it’: N.C. 12 is in a class by itself

As hurricane season begins, N.C. 12 might be the most vulnerable road in the state. And one of the most crucial to a local economy.

International
Property

NZ - Retreat from sea among options as Thames-Coromandel plans for coastal change

Those living in flood and erosion prone areas of the Coromandel could be faced with a managed retreat or a move to higher ground as the council looks to solutions to the district's coastal hazards.

Northeast
Property

MA - To adapt or retreat: Mitigating coastal erosion on Martha's Vineyard

It wasn’t a hurricane or a nor’easter that caused part of a 30-ton seawall on Martha’s Vineyard to collapse in 2008. Instead, it was a minor rain event. On a gloomy day in February, an overcast sky released its showers over the downtown of Oak Bluffs. As the rain continued to fall, it trickled off the pavement and down onto the sandy bluffs.

Coastwide
Property

USA - Financial Community Sees Climate Risk as Improperly Priced

A recent survey with an emphasis on the financial sector shows the overwhelming majority of respondents think that climate risk has only been either partially priced or totally omitted from the market’s pricing of products, with the complexity of climate-change forecasting and the lack of reliable climate risk data being cited as among the pricing difficulties.

International
Property

India - The Story Of 'India's Cyclone-Man' Whose Efforts Saved Many Lives

Bhubaneswar: Accurate forecast of the natural calamity is a great weapon to contain the damage to life and property, and Dr Mrutunjaya Mohapatra, affectionately called as 'Cyclone-Man' of India is lauded for his accuracy in predicting the cyclones which breed over the Bay of Bengal.

Gulf of Mexico
Property

LA - 'We're screwed': The only question is how quickly Louisiana wetlands will vanish, study says

Because of increasing rates of sea level rise fueled by global warming, the remaining 5,800 square miles of Louisiana's coastal wetlands in the Mississippi River delta will disappear. The only question is how quickly it will happen, says a new peer-reviewed study published Friday in Science Advances.

International
Property

Int'l - Bangladesh starts evacuating 2.2m people to cyclone shelters as Amphan looms

People threatened by the cyclone in the coastal districts will be evacuated to safety by 8 pm Tuesday, said State Minister for Disaster Management and Relief Enamur Rahman.

International
Property

Category 4 Cyclone Amphan takes aim at northeastern India, Bangladesh, with life-threatening storm surge

Capital Weather Gang - Category 4 Cyclone Amphan takes aim at northeastern India, Bangladesh, with life-threatening storm surge. The ‘super cyclonic storm’ is the most intense to form in the Northern Hemisphere this year, strongest on record in the Bay of Bengal.

Mid-Atlantic
Property

DE - Dewey Beach condo owner files federal lawsuit over COVID-19 restrictions

A Delaware man is suing Democratic Gov. John Carney in federal court over restrictions he has imposed on beach access and short-term rentals.

Mid-Atlantic
Property

NC - Tropical Storm Arthur forms, 1st named storm of season

A tropical storm warning has been issued for parts of North Carolina's coast, from north of Surf City to Duck, including Pamlico and Albemarle Sounds. It's expected to drop between 1 and 2 inches of rain Sunday night and Monday onto coastal North Carolina. Hurricane season officially starts June 1.

Great Lakes
Property

MI - Experts say humans can't control Great Lakes water levels

TRAVERSE CITY — Great Lakes water levels are shattering high records and the experts agree there is rather little that can be done to change that — the environment is almost entirely in control.

International
Property

Int'l - Catastrophe Bonds, Disaster Risk Insurance Facilities and Natural Disaster Funds: Protecting our Planet and the Public Purse

Guy Carpenter’s recently released report on the public sector response to climate change, Protecting our Planet and the Public Purse, looks beyond the United States’ approach to natural catastrophe risk mitigation and investigates the measures taken by countries in Latin America and Asia.

Northeast
Property

NY - SABO designs elevated house on Fire Island with rising sea levels in mind

Architectural pictorial of elevated housing designed for Fire Island NY.

Great Lakes
Property

MI - Record breaking water levels reported at Lakes Michigan and Huron

Water levels at two upper Great Lakes have broken records as predicted, and they’re expected to get higher in coming months.

International
Property

Australia - Real Estate - Built strong for beach conditions

With 55 Western Australian locations last year identified as coastal erosion hotspots, many might wonder whether the dream of owning a coastal home is still alive.

Southeast
Property

FL - 'Very active' Atlantic hurricane season predicted

Coastal residents such as Monroe County Commissioner Craig Cates, a lifelong Key West native and the city’s mayor from 2009-18, don’t frighten easily. Resiliency is a way of life when you’ve seen “many, many hurricanes” come your way.

International
Property

Australia - When the sea claims your house, who do you sue? This is legal quicksand

Australian beaches have been disappearing faster and with more permanence, no question; the causes are not so simple and neither are the legal consequences.

Coastwide
Property

Goldman Sachs puts premium on sustainable investing with new global markets council

Goldman Sachs Group on Wednesday said it had created a council of traders, sales staff and others to share expertise on sustainable finance and investing, as clients search for ways to achieve climate change investment commitments despite the twin shocks of coronavirus and the sliding price of oil.

Caribbean
Property

USVI - As Climate Change Laps Its Shores, USVI Will Face Tough Choices

It may take another year or more, but the U.S. Virgin Islands is moving to identify public and private properties that lie in its mega-sized flood zone. Then all it will have to do is decide whether (and how) to protect individual structures or whether (and how) to remove them.

Southeast
Property

Will mortgages and markets stay afloat in Florida?

The firm McKinsey & Company has undertaken a case study focusing on residential property in Florida exposed to flooding from storm surges and to tidal flooding and assess the likely impact both in terms of direct and knock-on effects, for example through housing price adjustments

Coastwide
Property

COVID-19 Is a Global Battle. But Climate Change Is Still the World’s War, According to Swiss Re

Swiss Re’s report looks at insured and uninsured economic losses caused by disaster events in 2019.

Mid-Atlantic
Property

NC - Battered By Matthew And Florence, NC Must Brace For More Intense Storms

Across the low-lying coastal plains of North Carolina, it's not uncommon to see abandoned homes ruined by the floodwaters of Hurricane Florence two years ago in September.

Coastwide
Property

The economic cost of flooding could triple in 10 years, study estimates AccuWeather.com

The number of people worldwide affected by flooding will double in 10 years, and the economic flooding impact will more than triple, according to a report released Thursday by The World Resources Institute (WRI).

West Coast
Property

CA - Vintners Lose Challenge to Local Coastal Program Ban on New Vineyards

A California Court of Appeal upheld denial of a petition by vintners challenging the prohibition on new vineyards within the Santa Monica Mountains Coastal Zone in deference to the California Coastal Commission’s finding that viticulture adversely impacts sensitive habitats, water quality, water supply, and scenic resources.

Northeast
Property

MA - Will Climate Change End Waterfront Living? Not If You Can Afford It

Developers are creating waterfront homes in Boston with innovative seawall defenses but is this a model for other cities? Or a sign of climate gentrification?

Coastwide
Property

USA - Rising Sea Levels Could Double Extreme Flooding Events on Coastline, Report States

“Sea-level rise will radically redefine the coastline of the 21st century.” That’s from a new study that shows rising sea levels could lead to extreme flooding events in some U.S. coastal areas doubling every five years.

Gulf of Mexico
Property

FL - How can “private” not be private? A property owner's opinion.

District Court Judge Roger Vinson in Pensacola declined an emergency motion on Monday that would exempt Walton County beachfront property owners from an order closing all the county’s beaches.

Coastwide
Property

USA - Climate Change Turns the Tide on Waterfront Living

Rising seas and worsening flooding are forcing many communities to plan their retreat from the coasts