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(139)

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

Using AI to Unlock Geothermal Energy at Scale: Zanskar

Using AI to Unlock Geothermal Energy at Scale: Zanskar

Geothermal energy has long been seen as a promising, but challenging, clean energy resource. Unlike wind or solar, geothermal requires finding heat hidden deep underground, often with little surface i...

27 Mai 49min

David Potere at BCG X: Using AI & Satellites in Climate Solutions

David Potere at BCG X: Using AI & Satellites in Climate Solutions

AI and geospatial technologies are transforming how industries understand and respond to climate challenges. David Potere, Managing Director and Partner at BCG X, joins Climate Rising to describe how ...

13 Mai 38min

Patagonia Provisions: Regenerative Organic Agriculture and Reimagining the Food System

Patagonia Provisions: Regenerative Organic Agriculture and Reimagining the Food System

Patagonia Provisions General Manager Paul Lightfoot joins Climate Rising to discuss why Patagonia expanded beyond apparel into food, and how regenerative organic agriculture is central to its mission ...

15 Apr 38min

VF Corporation: Scaling Regenerative Materials Across Global Apparel Supply Chains

VF Corporation: Scaling Regenerative Materials Across Global Apparel Supply Chains

Alyse Russel, Senior Manager of Global Sustainability Programs at VF Corporation, joins Climate Rising to discuss how one of the world’s largest apparel companies is embedding sustainability across a ...

1 Apr 34min

Agreena: Regenerative Agriculture, Data, and Carbon Markets

Agreena: Regenerative Agriculture, Data, and Carbon Markets

Simon Haldrup, founder and CEO of Agreena, joins Climate Rising to discuss how regenerative agriculture can scale beyond early adopters by focusing on farmer economics, data-driven decision-making, an...

18 Mar 45min

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