It seems our financial institutions are watching how climate change (specifically sea level rise) are modifying how they finance home loans. Instead of a convention 30 year fixed with 20% down for coastal homes, lenders are requiring 40% down and then selling loans to government backed buyers (putting tax payers on the hook). If our bankers get how climate change will cause massive problems even just three decades out–why don’t our leaders?

View the New York Times article.