Climate Change: NZ Banks, Homeowners Exposed to Rising Flood Risk
CEFGroup’s Director, Professor Ivan Diaz-Rainey, had an interview with NZ Heralds this Tuesday. He shared his concerns re how climate risks affects the New Zealand housing market, and how this would pose risk to the country’s economy.
Diaz-Rainey and his team are exploring the threat themselves, in the Marsden Fund-supported project that involves developing new models to test property impacts against.
For more information, visit: NZ Herald – Climate Change: NZ Banks, Homeowners Exposed to Rising Flood Risk and the STRAND Marsden Fund Project’s home page.
Diaz-Rainey Joins RNZ Panel Discussion Including Flooding Hazards to Property
A recent NZ government report has identified dozens of communities at serious risk of flooding, with most having little protection in place to prevent flood hazards. In a recent RNZ panel, CEFGroup Director & PI of the STRAND Marsden Project, Professor Ivan Diaz-Rainey, shared his insights on what how climate change would affect property values in flood-risk areas, and what impact flooding could have on insurance and mortgage lending risk.
The full recording is available via the following link: RNZ – The Panel with Verity Johnson and Chris Wikaira (Part 1).
