Research Review: ECB Study Quantifies Climate Risk Discounts in CRE
From Research to Reality: Climate Risk Now Has a Formal Price Tag
The concept of stranded assets in commercial real estate has long been debated. But new research from the European Central Bank (ECB) brings hard evidence to the table: climate risk is now financially material, and the market is pricing it in1.
In one of the most comprehensive datasets yet compiled on climate-related pricing, the ECB has analysed euro are…