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.
