Abbreviations

bps
Basis points
CRE
Commercial real estate
CSA
Climate scenario analysis
DSCR
Debt-service-coverage ratios
FEMA
Federal Emergency Management Agency
GDP
Gross domestic product
GHG
Greenhouse gas
GVA
Gross value added
LGD
Loss given default
LTV
Loan-to-value
MEV
Macroeconomic variables
MSA
Metropolitan statistical area
NFIP
National Flood Insurance Program
NGFS
Network of Central Banks and Supervisors for Greening the Financial System
NOI
Net operating income
PD
Probability of default
RCP
Representative Concentration Pathway
RRE
Residential real estate
SFHA
Special Flood Hazard Area
SSP
Shared Socioeconomic Pathway
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Last Update: May 23, 2024