image credit: Pixabay

New Jersey to Bake Climate Change Risk Into Policies, Share Costs

April 27, 2021

New Jersey will incorporate the impacts of climate change and rising seas into all its major policy decisions in the near future, and will seek to share the costs of protecting the state among all levels of government and the private sector.

A report released Thursday bluntly predicted “it will be increasingly difficult for people to live and work in coastal places as sea-level rise inundation increases,” recommending the state incentivize a move away from the riskiest areas.

Read More on Insurance Journal