Research from STRAND Marsden Fund Project is covered on Newshub Live
Nick Goodall, Head of Research at CoreLogic and Member of the Advisory Group at CEFGroup’s STRAND Marsden Fund
Project, was interviewed by Rebecca Wright on Newshub Live at 8pm last night (Monday the 2nd of May). Nick talked about the impact of sea-level rise flooding hazards on house prices – one finding from a preliminary research from the STRAND Project.
The news article is available HERE.
GNS Seminar Thursday March 31st 11am: Simon Cox: Models of Groundwater Inundation as a consequence of Sea Level Rise
Dr Simon Cox, one of the team members of the STRAND Project, will deliver a discussion entitled “Empirical Geometric Models of Groundwater Inundation as a Consequence of Sea Level Rise” via Team Meeting on Thursday March 31st 2022 at 11:00 am NZDT.
Link to Team Meeting: HERE
Abstract 
The impacts of sea-level rise include rising shallow groundwater in coastal areas, which produces cascading and cumulative hazards. Subsurface stormwater and wastewater networks are vulnerable and potentially prone to system collapse. Groundwater infiltration reduces network capacity and can result in sewerage overflows, with associated public-health and environmental costs. With large infrastructure redesign/renewals in mind, or possibility of managed retreat, we need to quantify the shallow groundwater hazard to inform and optimise investment decisions throughout New Zealand. Continue reading
Climate change pulls strings on coastal property values
Otago University researchers examine property values and insurance premiums along the coast to reveal just how worried Kiwis should be.
The flat plains south of central Dunedin are one of the city’s main living quarters, but the sea also rolls in and takes up residence from time to time.
Eleanor Doig, chair of South Dunedin Community Network, said the last big flood was back in 2015, when she watched her community deal with a water level threatening to rise up and flow into more than 1000 homes and businesses.
“A lot of the houses where people we were supporting were living went under,” she said. “It was disastrous.”
CoreLogic Press Release: Property data to power significant Otago University research into climate change
For immediate release 20 January, 2022
Property data to power significant Otago University research into climate change
University of Otago researchers have launched a vital study into climate change that will leverage CoreLogic NZ’s property database to learn how future coastal flooding could impact residential property values.
CoreLogic joins the Reserve Bank of New Zealand as key partners on the three-year inter-disciplinary Strand Marsden Fund Project, which will help the top-tier research institute fill a knowledge gap around geographical information systems, geology, climate change, real estate and potential banking losses. Continue reading
A Shore Thing: NZ housing market unfazed by sea rise but Reserve Bank preps for change
Reserve Bank partners in investigation of the impact of climate risk on property prices.
Strand Marsden is Royal Society-funded and also counts the Reserve Bank among its partners.
The project is trying to establish how prices will change once the market does react, and how exposed the banking sector is.
For the last seven months, Ivan Diaz-Rainey and a team of hydrogeologists, climate scientists, and financial experts have been quietly working away on the project.
Māori research projects land Marsden Fund support
University of Otago researchers this week learned they have secured $17.5 million in funding for 30 projects, including three with a unique Māori perspective.
Funding for climate change research
The newly-formed Climate and Energy Finance Group received $869,000 to explore to what extent, and when, increasing floods would affect property values in coastal cities.
Rising tide: How will climate change hit NZ property values?
A leading researcher says there’s an urgent need to understand New Zealand’s “tragedy on the horizon” – climate-driven costs that could hit coastal properties and banks.
$17.5m research cash covers coastal threat
Research on the impact of increased coastal flooding on property prices is among many projects boosted by $17.5million in Marsden funding to the University of Otago.
The newly formed Climate and Energy Finance Group, led by the Otago Business School’s Associate Prof Ivan Diaz-Rainey, has received $869,000 to explore to how increasing flood frequencies will affect property values in New Zealand coastal cities.
Otago researchers secure $17.5m in Marsden funding
University of Otago researchers have secured $17.5 million in Marsden funding for 30 world-class research projects.
The newly formed Climate and Energy Finance Group, led by Otago Business School’s Associate Professor Ivan Diaz-Rainey, has received $869,000 to explore to what extent, and when, increasing flood frequencies will impact property values in New Zealand’s coastal cities.
