Fraser Basin Council

Economic Tools to Promote Climate Change Adaptation in the Real Estate Sector
February 17, 2016 - 11:00am - 12:00pm

 The real estate sector plays a crucial role in providing people with places to live and work, and its assets, infrastructure and longevity are particularly vulnerable to climate change. The impacts of climate change should be addressed at each stage of the real estate life-cycle, from acquisition, through development, occupancy, renovation and redevelopment.

A number of “barriers” hamper the ability of markets to efficiently allocate resources to manage climate-related risks in a way that would deliver net social benefits. This situation creates a case for local and provincial government intervention to ensure more socially sound adaptation choices are made by private individuals and businesses.

This webinar focuses on three stages in the real estate development process (land packaging, occupancy and renovations, and redevelopment), and for each explores barriers to efficient adaptation decisions and the possible economic instruments that governments in BC could use to overcome them.

This webinar is based on the “Economic Tools for Climate Change Adaptation: Private Real Estate Decisions” report, which was prepared by Dr. Richard Boyd and Jeff Zukiwsky of All One Sky Foundation in collaboration with Tim Pringle of Pringle Strategy Services.

Dr. Richard Boyd, All One Sky Foundation

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