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The Latest Breaking News from First Street

MSCI CEO: why markets must catch up with physical climate risk

The climate records keep falling all across the world, and now a big new emissions source is here: AI data centers.

Fortune · Sep 23

This summer's heat is a live stress test for data centers — here's what it's revealing in real time

Almost 80% of global data centers face some form of climate risk, and it could cost developers trillions in the coming decades.

Fortune · Jun 29

Majority of datacenters are vulnerable to climate threats like floods and fires, study finds

Study warns AI datacenters are vulnerable to the climate hazards that their global greenhouse gas emissions bolster

The Guardian - US · Jun 23

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No maps, no insurance: Michigan floods expose lack of information, preparation in many rural areas

Many homeowners hit by devastating Michigan floods had no insurance and no idea they were at risk — underscoring vulnerabilities throughout rural America as climate change causes more extreme weather

The Independent UK · Jun 22

Nearly 80% of Global Data Center Capacity Faces Climate Threats, Study Shows

Nearly 80% of the world's data center capacity is located in areas exposed to elevated climate hazards, including flooding, wildfires, extreme heat, powerful winds, and water stress, according to a new study.

International Business Times · Jun 18

Nowhere to move: How climate change became the property market’s biggest nightmare

From plummeting house prices to insurable homes, climate change is impacting the property market around the world.

Euronews · Dec 6, 2025

Zillow deletes climate risk data from listings after complaints it harms sales

Site deletes feature after real estate agents and some homeowners say scores appear arbitrary and hurt sales

The Guardian - US · Dec 1, 2025

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One out of every 4 homes is at 'severe or extreme' climate risk, study says

Some $12.7 trillion of Americans' housing wealth is exposed to the climate change crisis.

Fortune · Sep 3, 2025

FEMA let Camp Mystic operate in 100-year flood zone despite deadly warnings for years: ‘Particularly disturbing’

Federal regulators repeatedly granted appeals to remove Camp Mystic’s buildings from their 100-year flood map, as the camp operated and expanded in a dangerous floodplain

The Independent UK · Jul 12, 2025

FEMA’s flood maps often miss dangerous flash flood risks, leaving homeowners unprepared

Deadly and destructive flash flooding in Texas and several other states in July 2025 is raising questions about the nation’s flood maps and their ability to ensure that communities and homeowners can prepare for rising risks.

The Conversation · Jul 12, 2025

FEMA removed dozens of Camp Mystic buildings from 100-year flood map before expansion, records show

Federal regulators repeatedly granted appeals to remove Camp Mystic’s buildings from their 100-year flood map, as the camp operated and expanded in a dangerous flood plain in the years before rushing waters swept away children and counselors

The Independent UK · Jul 12, 2025

Climate change will erase $1.47 trillion in U.S. home values in just 30 years

More than 5 million U.S. residents are expected to move away from areas being affected by climate change in 2025

The Independent UK · Feb 3, 2025

Will Your House Flood? We Ask the Experts

There are free, quick tools to check your home's flood risk. We ask experts how reliable they are.

Kiplinger · Oct 8, 2024

Zillow Will Rank Homes by 'Climate Risk' in New Listings

Next time you're searching for a home on Zillow, look for its new climate risk filter.

Latin Times · Sep 27, 2024

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Fortune · Sep 27, 2024

Home listings now come with their climate risks—and the results are terrifying

More than half of all new listings of existing homes in August had a major risk of extreme heat, a third had a major risk of extreme wind exposure, and close to 17% had a major risk of wildfire, according to Zillow.

Fortune · Sep 23, 2024

The next banking crisis could be spurred by climate change

A first-of-its-kind analysis suggests 1 in 4 banks are at risk of a wipeout from unchecked climate change.

The Independent UK · Jun 11, 2024

Takeaways from AP examination of flooding's effect along Mississippi River

Flooding has pushed people out of their homes near the Mississippi River at a roughly 30% higher rate than the U.S. as a whole, according to data provided exclusively to The Associated Press by the risk analysis firm First Street

The Independent UK · Jun 11, 2024

For shrinking Mississippi River towns, frequent floods worsen fortunes

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The Independent UK · Dec 18, 2023

Flooding drives millions to move as climate-driven migration patterns emerge

Flood risk and climate change are pushing millions of people to move from their homes, according to a new study by the risk analysis firm First Street Foundation

Tribune News Service · Feb 16, 2023

US housing market is overvalued by billions due to ignored flood risk

U.S. homes in areas prone to floods may be currently overvalued in the range of $121 billion to $237 billion, according to a report published Thursday in the journal Nature Climate Change.

Los Angeles Times · Aug 19, 2022

LA County will experience triple the number of hot days by 2053, study says

Los Angeles County will experience triple the number of hot days per year by 2053, according to a new study.

Axios · Aug 15, 2022

Global warming to cause a U.S. "Extreme Heat Belt," study warns

The country is already seeing the impacts of hotter, more widespread heat waves.

Miami Herald · May 16, 2022

Climate change is heating up Florida. That could bring more wildfires, new report warns

MIAMI — When Hurricane Michael tore through North Florida in 2018 as a Category 5 storm, it left more than 3 million acres of felled trees in its wake.

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