Climate-linked flooding is becoming more severe, reshaping risks for UK cities, real estate, and local economies. Which areas face the greatest impact—and why?
City Climate Scenario Service
Under our latest climate scenario analysis, net zero policies in the US will have highly unequal impacts across states and metros, given the diverse nature of subnational economies. Places dependent on oil and gas activity will face the greatest challenges, followed by those with a greater reliance on manufacturing.
Achieving the US government’s long-term goal of net zero carbon emissions by 2050 will require the enactment of stringent mitigation policies. The economic impacts would be significant for the US Southwest, consisting of Arizona, New Mexico, Oklahoma, and Texas.
The impact of policies to address climate change in Canada cannot be discussed only in national terms; there will be variations by province and metro.
Oxford Economics is excited to announce the launch of our City Climate Scenario service, designed to help businesses and governments better understand the local impact of climate mitigation policies.
The economic impact of mitigation policies to address climate change will vary by state and metro. Understanding these differences, under different scenarios, is critical for businesses and local government when developing their strategic plans, risk assessments, and location decisions.
The impact of policies to address climate change cannot be discussed only in national terms. There will be variations by region. Cities overall are likely to retain or increase their growth premia over national economies, but some will suffer.
