Impact of Climate Change on Real Estate Valuation

The document outlines a systematic map designed to identify research themes regarding the impact of climate risks on real estate valuation. It distinguishes between physical risks, such as the increasing frequency and magnitude of natural disasters affecting buildings and infrastructure, and transitional risks, which include policy initiatives, technological disruptions, market pressures, and reputational issues arising from the shift toward a greener economy.

• Climate change increases the frequency and magnitude of natural disasters, exposing real estate assets like buildings and infrastructure to physical climate risk.
• The transition to a greener economy creates transitional climate risks for real estate, manifesting as policy initiatives, technological disruptions, reputational issues, and market solutions that penalize non-compliance.
• There is currently a lack of comprehensive understanding regarding how both physical and transitional risks influence the economic value of real estate assets.

APA

Stockholm Environment Institute (2023). Impact of Climate Change on Real Estate Valuation. https://www.sei.org/publications/impact-of-climate-change-on-real-estate-valuation/

Chicago

Stockholm Environment Institute. Impact of Climate Change on Real Estate Valuation. 2023. https://www.sei.org/publications/impact-of-climate-change-on-real-estate-valuation/.

Wikipedia

{{cite report |author=Stockholm Environment Institute |title=Impact of Climate Change on Real Estate Valuation |date=20 November 2023 |url=https://www.sei.org/publications/impact-of-climate-change-on-real-estate-valuation/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{stockholmenvironmentinstitute2023impact, author = {{Stockholm Environment Institute}}, title = {{Impact of Climate Change on Real Estate Valuation}}, institution = {Stockholm Environment Institute}, year = {2023}, month = nov, url = {https://www.sei.org/publications/impact-of-climate-change-on-real-estate-valuation/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }