Climate Risk Meets Finance: Modeling the Future of Real Estate with First Street

Climate Risk Meets Finance: Modeling the Future of Real Estate with First Street

As climate risks intensify, understanding their financial implications is becoming critical for businesses, investors, and homeowners alike. Ed Kearns, Chief Science Officer at First Street, joins Climate Rising to explain how climate data is being translated into actionable financial risk insights. The conversation explores how First Street models physical climate risks—including flooding, wildfire, and extreme weather—and translates them into property-level financial impacts. Ed discusses why traditional tools like FEMA flood maps fall short in a changing climate, and how new approaches combine physics-based modeling with high-resolution data. The episode also examines how climate risk is reshaping real estate markets, insurance systems, and investment decisions, and why transparency is driving a fundamental shift in how risk is priced. Ed reflects on the growing demand for climate risk intelligence and the role of both private markets and public policy in adapting to a warming world.

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Episoder(145)

Amazon’s Climate Pledge Friendly Program: Can Sustainability Labels Change How Consumers Shop?

Amazon’s Climate Pledge Friendly Program: Can Sustainability Labels Change How Consumers Shop?

How can companies make sustainability information useful to consumers at the moment they make a purchase? Justine Mahler and Cameron Westfall of Amazon join Climate Rising to discuss Climate Pledge F...

16 Sep 40min

How Companies Tell Climate Stories: Lessons from New Belgium, Allbirds, and Microsoft

How Companies Tell Climate Stories: Lessons from New Belgium, Allbirds, and Microsoft

Climate action requires more than technology, policy, and capital. It also requires communication. In this special curated episode of Climate Rising, we revisit three past conversations to explore ho...

2 Sep 23min

Carbon Trust: How Carbon Labeling Shapes Climate Communication and Consumer Choice

Carbon Trust: How Carbon Labeling Shapes Climate Communication and Consumer Choice

Carbon labeling has become one of the most visible ways climate actions enter everyday consumer decisions. In this episode of Climate Rising, Julia Nicoara, Marketing and Communications Director at t...

19 Aug 29min

Potential Energy Coalition: Why Climate Messaging Fails - and How to Fix It

Potential Energy Coalition: Why Climate Messaging Fails - and How to Fix It

Addressing climate change isn’t just a technology or policy challenge - it’s a communication challenge. John Marshall, founder of Potential Energy Coalition, joins Climate Rising to discuss how marke...

5 Aug 46min

Good Power: How Climate Communication Can Accelerate the Energy Transition

Good Power: How Climate Communication Can Accelerate the Energy Transition

Transforming the energy system isn’t just a technical challenge - it’s a communication challenge. Leah Qusba, CEO of Good Power, joins Climate Rising to discuss how public perception, political engag...

22 Jul 45min

McKinsey on Climate Adaptation: The Global Resilience Gap

McKinsey on Climate Adaptation: The Global Resilience Gap

Climate adaptation is emerging as one of the most critical—and least understood—challenges in the climate transition. Mekala Krishnan, Partner at the McKinsey Global Institute, joins Climate Rising to...

8 Jul 46min

Rain: Using Autonomous Aircraft to Stop Wildfires Before They Start

Rain: Using Autonomous Aircraft to Stop Wildfires Before They Start

Wildfires are becoming larger, more destructive, and more expensive every year. But what if the most effective intervention happens not after a fire grows, but within the first few minutes after ignit...

24 Jun 39min

IBM’s Chief Sustainability Officer on AI, Efficiency, and the Future of Sustainable Business

IBM’s Chief Sustainability Officer on AI, Efficiency, and the Future of Sustainable Business

Artificial intelligence is reshaping how businesses operate — but it is also reshaping how companies think about sustainability. Christina Shim, Chief Sustainability Officer at IBM, joins Climate Risi...

10 Jun 35min

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