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International
Property

UK - Holiday park evacuated after sudden collapse of coastal road

The coastguard said in a statement on social media: “The team were tasked tonight , along with a Fire Officer from Suffolk Fire & Rescue Service, to assess the situation at Pakefield Holiday Park, Arbor Lane, as this afternoon, a section of the road in front of the clifftop caravans collapsed onto the beach below.

International
Property

World - ‘Rough ride’: 5 CFO tips for cutting insurance costs amid climate change

CFOs facing more destructive weather and soaring insurance costs can take five steps to hold down premiums.

Coastwide
Property

USA- Data reveals how one major issue is affecting home values in America: ‘It becomes crucial for lenders and insurers to adapt’

New research from CoreLogic, a real estate-focused analytics company, suggested that home prices in coastal areas classified as high flood risk by the Federal Emergency Management Agency are heavily discounted.

International
Property

Indonesia - Salty wells and lost land: Climate and erosion take their toll in Sulawesi

Coastal erosion on the west coast of Indonesia’s Sulawesi Island is so advanced that seawater has penetrated the groundwater supply that tens of thousands use for drinking water. The communities have yet to be served by utility water provision, so families are resorting to costly supplies of water from private distributors.

Northeast
Property

CT - Editorial: Climate planning falls to everyone

Climate change in Connecticut is often considered a hypothetical issue. Yes, it gets hotter in the summers, but we’ve mostly been spared the devastating hurricanes, the weeks of extreme heat and the deadly wildfires that much of the rest of the country has seen in recent years.

Coastwide
Property

World - Opinion: Why collapsing glaciers are ruining your beach house plans

A series of reports ahead of a global climate conference make clear that rising sea levels are a more pressing threat than once predicted.

West Coast
Property

CA - Guest Commentary: Dispute over public right of way on Coast Walk is really a settled matter

Our clients who own the properties adjacent to Coast Walk have not challenged the city’s assertion that there is an “implied acceptance” as to those portions of Coast Walk that are paved and have been utilized by the public.

International
Property

Sierra Leone - A disappearing island: 'The water is destroying us, one house at a time'

When 62-year-old fisherman Kpana Charlie has finished sorting through the day's catch and patching up the holes in his nets, he likes to settle into a weathered wooden chair on his front porch and let his mind drift back to his childhood. Back then, his home on Sierra Leone's Nyangai Island seemed like paradise.

International
Property

UK - Work gets underway to deconstruct iconic Birling Gap hotel... and rebuild it back from eroding cliff

Victorian building just five yards from the sea near Beachy Head, Eastbourne. Now a National Trust cafe with a visitor building sitting on the shoreline. Trust says coastline 'changing due to rising sea levels, erosion and weathering'

Coastwide
Property

USA - How does climate change threaten where you live? A guide for cities and states across the U.S.

The U.S. government’s most comprehensive report on the effects of climate change details challenges for every part of the country.

Coastwide
Property

USA - National Climate Assessment predicts growing threats to society, economy (with news compilation)

A long-awaited federal climate report, released Tuesday, delivers a blunt warning: Rapidly curb planet-warming emissions or face dire consequences to human health, infrastructure and the economy.

West Coast
Property

CA - Streamlining affordable housing is a good idea, even in the coastal zone

The affordable housing crisis has been a topic of longstanding debate in California, and for good reason. Millions of families are currently forced to spend more than 30% of their income on housing, and the average new home costs seven times annual income, up from three times annual income 50 years ago.

Mid-Atlantic
Property

USA - Extreme Weather and Sea Level Rise Among Top Climate Risks To D.C. Area, New Assessment Says

The latest National Climate Assessment shows the D.C. region is especially at risk of extreme weather, flooding, and sea level rise as the earth warms.

Gulf of Mexico
Property

TX - Coastal Texas Could Be Under Water By 2050 Because Of Climate Change

A new computerized climate modeling tool that combines multiple data streams to assess an area's risk of flooding shows almost the entire Texas coast is below the predicted flood level by 2050.

Northeast
Property

NY - How Do Banks Lend in Inaccurate Flood Zones in the NY Fed’s Second District?

In our previous post, we identified the degree to which flood maps in the Federal Reserve’s Second District are inaccurate. In this post, we use our data on the accuracy of flood maps to examine how banks lend in “inaccurately mapped” areas, again focusing on the Second District in particular.

International
Property

Mexico - Mexico’s hurricane reconstruction plans prioritize military barracks, owners left to rebuild hotels

MEXICO CITY — Mexico’s government laid out hurricane reconstruction plans Tuesday for the resort of Acapulco that seem to give as much priority to building military barracks as re-opening hotels.

International
Property

UK - Suffolk coastal erosion forces demolition of Pakefield chalets

The last three remaining chalets on a coastal cliff top are to be demolished. One chalet at the site in Pakefield, near Lowestoft in Suffolk, was demolished in February 2022.

Gulf of Mexico
Property

LA - Legislative task force to examine Louisiana's disaster response protocols

(The Center Square) – Efforts to better coordinate and improve Louisiana's resilience to storms and other natural disasters commenced on Monday with a new legislative task force.

Gulf of Mexico
Property

FL - Ravaged Fort Myers Becomes Magnet for Risk-Taking Property Buyers

A year after Hurricane Ian ripped through southwest Florida, wealthy risk-takers are transforming one beach town.

Southeast
Property

FL - 1 year after Tropical Storm Nicole, coastal residents in Daytona Beach area still struggle

One year after Tropical Storm Nicole delivered the second haymaker in a one-two punch that left behind widespread damage along the Volusia-Flagler coastline, evidence of the storm’s devastating impact remains along a hard-hit stretch of South Atlantic Avenue in Wilbur-by-the-Sea.

Coastwide
Property

USA - Why it's so hard to stop building homes in places at risk from climate

CLIMATE -- 3 cities face a climate dilemma: to build or not to build homes in risky places