Imagine having a high-tech weather map that doesn't just show rain, but tells you exactly how much money you'll lose if a flood hits your warehouse or how a heatwave affects your staff's health. It helps leaders plan for the worst-case climate scenarios so they can spend money on the right protections today. Think of it as a financial stress test, but for the planet's changing climate.
Companies struggle to quantify the exact financial loss and operational risk caused by climate change. They lack specific, sector-based data to decide where to invest in adaptation to avoid future disasters.
A suite of over ten sectoral models and a set of applied case studies for risk assessment in areas like transport, health, and food systems.
If you are a financial institution dealing with unpredictable climate-related loan defaults — this project developed risk assessment models that quantify financial and fiscal implications of climate risk. This allows for better capital allocation and risk pricing.
If you are a logistics provider dealing with critical infrastructure failure during extreme weather — this project developed case studies on the protection of transport and supply chains. This helps in designing more resilient routes and facilities.
If you are a food producer dealing with unpredictable crop yields and water scarcity — this project developed models for land use and food systems. This provides actionable insights to adjust planting and irrigation strategies.
Based on available project data, no specific pricing or cost for the tools is mentioned as this is a research project.
The project is developing more than ten sectoral models and using case studies across 8 countries, suggesting a design intended for wide European application.
Based on available project data, specific licensing terms are not provided, but the project focuses on co-creation with EU-level bodies and local authorities.
The project involves EU-level bodies like the EEA and JRC to ensure results are integrated into official decision-making processes and resilience standards.
The project period runs until 2026-11-30, which is when the final results are expected to be completed.
The consortium is heavily weighted toward research and academia, with 6 universities and 8 research organizations. However, the inclusion of 3 SMEs and 1 industry partner, alongside a coordinator from a specialized climate center, indicates a push toward practical application. The geographic spread across 8 European countries ensures the models are tested against diverse regional climate data.
Contact Fondazione Centro Euro-Mediterraneo sui Cambiamenti Climatici in Italy
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