With near unanimity, climate scientists project natural disasters to increase in frequency,
severity, and geographic scope over the next century. We survey academic literature at the …

As intensifying climate-related disasters strike cities across the United States, they are
provoking rising concern for the stability of the US housing market and broader financial …

I document how bank lending has changed in response to climate change by analyzing
changes in bank loan portfolios since 2012. Using supervisory data providing loan-level …

The operation of residential buildings (our homes) is responsible for roughly 22% of the
global energy consumption and 17% of the CO2 emissions. We study the effects of a …

Climate change poses new risks for real estate assets. Given that the majority of home
buyers use a loan to pay for their homes and the majority of these loans are purchased by …

In 2017, parts of Portugal experienced unprecedented wildfires. We use these as a natural
experiment to examine the extent to which banks operating in Portugal accounted for this …

Abstract We study Puerto Rico's experience after the severe hurricane season of 2017 to
better understand how extreme weather disasters affect bank stability and their ability to …

This study investigates the relationship between natural disaster risk and capitalization rates
(cap rates) in the US commercial real estate market, focusing on the role of climate change …

We quantify the impact of environmental health risk on property values and neighborhood
composition. Following a plant's first reported carcinogenic emission, we observe a 1 …

Abstract Residential Property Assessed Clean Energy (PACE) loans are a new class of
financial contract, whereby homeowners borrow to fund green residential projects and repay …