The recent fires in Los Angeles and the global climate refugee crisis will have a significant impact on the global real estate industry. While the situation presents challenges, it also offers opportunities for development and the creation of a more inclusive and resilient environment. The adaptability of the global real estate industry and government policies to support climate refugees will be key to facing this new reality and ensuring a better future for all.
The effects of climate change are expected to increase in intensity and frequency over the next 25 years unless strategic measures are taken to change the energy matrix, sustainable mobility, nature-based solutions, and reduction of high-risk areas, among other measures.
Water, a vital resource for the population, agriculture, human and animal food, industry and energy generation, is the most consumed natural resource after oxygen. Without fresh water we would perish in a few days and our economic system would enter a crisis quickly, if not immediately. The new social crises and old migrations are mainly due to the lack of water resources.
