Flood-risk model being made public in boon to US homeowners

Read the full story in the New York Post.

A climate research organization will offer access to a risk model that predicts the probability of flooding for homes across the United States, giving the public a look at the data institutional investors use to gauge risk.

First Street Foundation on Tuesday launched Flood Lab, a research partnership that provides eight universities with its model that maps previous instances of flooding as well as future risks. Using the dataset, Wharton, MIT and John Hopkins University among others will quantify the impacts of flooding on the US economy.

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