Climate change is changing conditions in communities worldwide, increasing incentives to live and work in some locations and decreasing incentives in others, causing ripple effects across global, national, and local markets. As people of all demographic groups gravitate toward areas with comparatively lower risk from climate effects (receiving communities), they will spur local economic growth and development. As a result, local governments of these receiving communities and private interests will be challenged to ensure such growth and development is inclusive and equitable and minimizes gentrification-driven displacement.
