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In this episode we welcome Climate Scientist and DevelopHer, Dr Heather Stevens!
Heather takes us into how climate change is shaping property investment and development, with a focus on fire and flood risks. She points out how crucial it is to factor in these risks when purchasing or developing properties, as they can heavily influence building requirements, insurance premiums, and even interest rates.
She also stresses the growing need for climate-adapted housing designs, especially when it comes to managing extreme heat and its impact on tenants. Heather encourages landlords to offer affordable energy solutions, like solar panels, to help reduce energy poverty.
The discussion highlights how climate change is affecting housing and the importance of creating homes that are both sustainable and resilient. While transitioning to greener practices, such as moving away from gas and embracing renewable energy, comes with challenges, it’s essential. From solar panels, to batteries and water tanks, Heather covers the big role these play in cutting energy costs.
We also chat about the potential for investing in areas that are less vulnerable to climate change impacts.
We can’t hide from these issues – they affect us all in one way or another – so this is a great listen to get across some risks that currently exist, as well as future considerations you should keep in mind.
Episode Takeaways
- Consider fire and flood risks when buying or developing properties
- Be aware of building specifications and insurance costs associated with fire and flood risks
- Climate change can impact interest rates on properties
- Design houses to adapt to climate change, particularly in relation to extreme heat
- Landlords should provide affordable energy options to mitigate energy poverty Transitioning to sustainable and resilient homes is crucial in the face of climate change.
- Getting off gas and adopting renewable energy sources like solar panels and batteries can reduce energy costs.
- Water tanks are important for building resilience in areas prone to drought.
- Investment opportunities exist in areas less affected by climate change.
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