Climate change should be considered a new core aspect of creditworthiness when...

CNN Climate 7 months ago

Climate change should be considered a new core aspect of creditworthiness when prospective home buyers apply for a mortgage, a new report suggests. The analysis from the climate risk financial modeling firm First Street is a groundbreaking nationwide look at the ties between the growing risks from extreme weather such as floods and wildfires, and a long-suspected spike in mortgage defaults in hard-hit areas. It finds that lenders and borrowers are exposed to more financial risk than they are aware of because current ways of determining creditworthiness leave out exposure to climate disasters as a factor. If climate risk were to be taken into account by lenders — which the analysis shows may be increasingly necessary as climate change worsens the severity and frequency of certain extreme weather events — then the next time someone goes to get a home loan their credit score could be knocked down (or adjusted upward) due to their climate risk exposure. Win McNamee/Getty Images 📸 : Tap the link in bio for more.

layersDaily Sustainability Digest

Published about 11 hours ago



The UK’s acceleration toward *sustainable construction* underscores a decisive shift from ambition to delivery. National Grid ESO’s reforms to the grid connection process remove zombie projects and prioritise actionable, low carbon design ready to unlock billions in clean energy infrastructure. This structural change supports *green infrastructure* essential to *decarbonising the built environment*, linking energy planning with *sustainable building practices* that address both whole life carbon and embodied carbon impacts through rigorous whole life carbon assessment.

Offshore wind’s expansion, now generating nearly one-fifth of Britain’s electricity, highlights how *environmental sustainability in construction* relies on scalable, *eco-friendly construction* solutions. The developing offshore supply chain demands *sustainable building design* that integrates *circular economy in construction* strategies and *resource efficiency in construction*, enabling the transition towards *net zero carbon buildings* and *net zero whole life carbon* performance.

While material innovation remains subdued, the rise of energy-efficiency retrofits reflects a shift towards life cycle cost optimisation and *building lifecycle performance* over short-term gain. Firms such as Mapei point to recovery driven by energy-efficient buildings and *low embodied carbon materials*, reinforcing the value of *eco-design for buildings* and *sustainable material specification* guided by *environmental product declarations (EPDs)*. These principles strengthen the circular economy ethos and advance *carbon footprint reduction* across every project stage, from design to *end-of-life reuse in construction*.

Africa’s emerging solar market signals global diversification of *green construction*, with the continent expected to become a testbed for *low carbon building* strategies suited to extreme climates. The transition invites adoption of *circular construction strategies*, *renewable building materials*, and *sustainable urban development* underpinned by *life cycle thinking in construction*.

The alignment of policy reform, financial investment, and technical capability confirms that *sustainable design* has become core to delivering *carbon neutral construction* and reducing the *carbon footprint of construction* worldwide. The era of incremental action is ending—the new metric of success is measurable whole life carbon performance and resilient, *green building materials* innovation delivering true *sustainability* in the built environment.

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