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Global Real Estate Development Redefines and Adapts to Climate Change and Extreme Weather
Global Real Estate Development Redefines and Adapts to Climate Change and Extreme Weather
Amid escalating climate change impacts, global real estate development allocates $500 billion annually to adapt. Extreme weather events annually disrupt 10% of ongoing projects, with climate-induced shifts impacting property values by 15% in vulnerable regions. Anticipating a 25% rise in extreme weather occurrences by 2030, real estate initiatives focus on adaptive designs and resilient structures. This strategic adaptation aims to secure investments, ensuring sustainable development in the face of a changing climate.”
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