Economics Climate Change Economics Questions
Climate change has significant impacts on the construction industry. Rising temperatures and extreme weather events, such as hurricanes and floods, can damage infrastructure and buildings, leading to increased repair and maintenance costs. Additionally, changing weather patterns can disrupt construction schedules and increase project delays. The industry also faces challenges related to the increased demand for energy-efficient and sustainable buildings, as well as the need to adapt to new regulations and standards aimed at reducing greenhouse gas emissions. Overall, climate change poses both physical and regulatory risks to the construction industry.