From Catastrophe to Contagion: How Climate Disasters Threaten Real Estate and Financial Stability

As wildfires, hurricanes, and floods intensify, a growing number of insurers are withdrawing from high-risk areas—triggering a chain reaction that affects property values, mortgages, and local economies. This session will explore the systemic risks posed by physical climate events, drawing on recent evidence from the US, Europe, and Australia. Experts will examine how climate shocks may lead to the next financial crisis and what this means for urban resilience, investment strategies, and real estate insurability.