Opening the ‘black-box’ of EU-level flood risk assessments
Opening the ‘black-box’ of EU-level flood risk assessments
Published on 09 Jul 2024
To address rising flood risks and meet EU disclosure requirements, APG piloted the open-source REACT tool, moving away from opaque ‘black-box’ models. The tool enabled clear, comparable assessments using EU climate data. Results revealed up to a 78% increase in flood risk for some assets by 2080, highlighting the value of transparent methodologies for climate-resilient real estate strategies.