Physical climate risk analysis requires relevant and specific climate data as well as asset and portfolio-level information
Climate Data Insight and
Projections
Both businesses and the financial community need reliable climate information to effectively price risk, invest in risk mitigation, and account for and disclose material information. So that risk exposures and mitigations are not downplayed or "greenwashed." Stakeholders need robust and transparent climate projections to have confidence in corporate assessments of vulnerability and risk.
Assessment of future climate risk requires specialized knowledge of how the climate will change (e.g., emission scenarios) on time and spatial scales that vary between business entities. Our climate specialists carefully navigate the interaction between climate science and business by translating complex climate projection simulations into useful information for stakeholders who are less familiar with the complex science. In addition, we couple the downscaled, high-spatial resolution climate data we provide to surface water, groundwater, and terrestrial models to better understand the potential impacts of climate on water, land, assets, communities, and infrastructure.
ClimateXBI covers the following climate hazards
Extreme rainfall
Flooding (riverine, pluvial, coastal)
Sea level rise
Storm surge & coastal inundation
Temperature extremes (heat / cold)
Heatwave
Extreme snowfall
Freeze/ thaw cycle
Wildfire
Wind (sustained, extreme)
We use the latest climate &
extreme weather science
ClimateXBI brings world-class expertise in state-of-the-art climate modelling and analysis of earth observations to the analysis of climate risk:
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Assessment on the reliability of currently available information on climate change and its impacts
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Analyzing and interpreting climate model output to understand the relative magnitudes of climatic variability under selected future climate scenarios
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Creating and applying scenarios characterizing future climate at scales relevant to the application / sector under consideration
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Producing assessments of the implications of climate scenarios across sectors - including water, agriculture, soils, energy, transportation, infrastructure and real estate
We assist clients' climate risk management and capital allocation strategies through independent estimates and multiple views of loss potential due to climate change
Model Evaluations
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Event frequency
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Event severity distributions by location
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Damageability assumptions
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Historical loss estimates vs. climate events
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Probabilistic loss estimates vs. climate events
Custom Loss Analyses
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Probabilistic loss analyses (EP)
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Detailed claims analyses and customized damage functions