Geospatial Climate Intelligence: Assessing Climate-Related Physical Risks and Enhancing Financial Resilience

Climate change has brought increased financial risks for businesses and necessitated reporting obligations. Our Geospatial Climate Intelligence solution offers businesses the means to help to identify, measure, and manage climate-related risks. With a holistic understanding of potential hazards and their impacts, organizations can develop strong mitigation strategies, allocate resources effectively, and enhance their financial resilience in the face of climate change. Our solution can empower businesses to move from risk assessment to action, confirming a sustainable and secure future.

In this presentation, the main functions of Geospatial Climate Intelligence will be introduced with a focus on the damage and loss models for the six acute perils: tropical cyclones, floods, storm surges, hail, tornados, and wildfires. The damage and loss models integrate the hazard frequency and intensity, damage functions, and exposure information to help to quantify physical risks in monetary terms. The methodology, assumptions, inputs and outputs of the damage and loss models will be introduced to equip the audience with a good understanding of Geospatial Climate Intelligence capacities and how our solution can be utilized to make informed decisions based on the risk assessments.