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

CNN Climate 9 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 8 hours ago



Sustainable construction is redefining its priorities as environmental sustainability in construction shifts from technology-driven solutions to place-based, resource-conscious design. Across climate-stressed regions, the focus is turning to whole life carbon assessment, lifecycle assessment and life cycle cost as essential tools to measure and control the carbon footprint of construction. Developments in the US Mountain West are embedding low carbon design principles, addressing drought and urban growth constraints through sustainable building design that integrates water efficiency, green infrastructure and renewable building materials into district-scale masterplans.

In India, reconstruction efforts in landslide-prone regions expose the financial and environmental risks of neglecting embodied carbon in materials and sustainable building practices. Resilient schemes now apply eco-design for buildings and life cycle thinking in construction to avoid repeating failures, reinforcing that whole life carbon and embodied carbon metrics must guide future housing strategies.

Urban housing demonstrates the growing viability of net zero carbon buildings and low carbon construction materials, supported by sustainable material specification and green building products that deliver measurable performance improvements. Investors are tying building lifecycle performance to life cycle cost benefits, transforming sustainable design into a mainstream financial metric rather than a niche initiative.

Corporate campuses and mixed-use retrofits are consolidating a retrofit-first logic. The drive to decarbonise existing stock is aligning with circular economy in construction principles, end-of-life reuse in construction and circular construction strategies that minimise demolition and embodied carbon losses. Achieving net zero whole life carbon and BREEAM V7 certification is becoming the benchmark for responsible modernisation, integrating resource efficiency in construction and environmental product declarations (EPDs) into procurement systems.

Uneven policy frameworks and material supply constraints are prompting adaptive low-impact construction strategies that incorporate circular economy thinking and carbon footprint reduction across borders. Designs must allow flexibility to meet differing lifecycle assessment standards while maintaining alignment with global goals for decarbonising the built environment.

Future-ready sustainability depends on district-level efficiency, hazard-aware land planning and community-led stewardship. Success belongs to those who demonstrate environmental sustainability at the level that truly counts—the whole place—delivering net zero carbon outcomes through sustainable construction that unites performance, resilience and economic viability.

Show More

camera_altFeatured Instagram Posts:

Get your opinion heard:

Whole Life Carbon is a platform for the entire construction industry—both in the UK and internationally. We track the latest publications, debates, and events related to whole life guidance and sustainability. If you have any enquiries or opinions to share, please do get in touch.

Let's chat!
Avatar

WLC Assistant

Ask me about sustainability

Hi! I'm your Whole Life Carbon assistant. I can help you learn about sustainability, carbon assessment, and navigate our resources. How can I help you today?