In the first quarter of 2024, numerous federal government agencies took actions to address the variety of climate-related financial risk affecting our nation’s economy.

However, fully understanding the scope of physical climate risk and the resulting categories of physical property risk is anything but straightforward. To delve into the nuanced discussion required to identify and quantify these risks while also outlining potential solutions to address them, researchers at CoreLogic investigated how physical climate risk affect traditional risk pathways in this third installment of a three-part white paper series.