Imagine you could plug weather disaster data into a calculator that tells you exactly how much money a flood, typhoon, or drought might cost — before it happens. That's what this project built: an open platform where insurers, city planners, and businesses feed in climate data and get back financial loss estimates for different disaster scenarios. Think of it like a credit score, but for climate risk on buildings, farms, and entire regions. They tested it with real insurance companies across floods in the Danube, typhoons in Asia, and crop losses in Africa.
By the numbers
23
consortium partners across sectors
12
countries represented in the consortium
11
industry partners involved in development
8
SMEs in the consortium
65
total project deliverables produced
7
demonstration case deliverables
48%
industry ratio in the consortium
The business problem
What needed solving
Climate disasters are getting worse, but most businesses, insurers, and city planners still cannot accurately quantify how much money they stand to lose from floods, storms, or droughts. Existing catastrophe models are expensive, proprietary, and opaque — making it hard to compare risk assessments or trust the numbers behind insurance pricing and investment decisions.
The solution
What was built
The project operationalized the Oasis Loss Modelling Framework — an open platform that combines climate services with damage and loss data to produce standardized financial risk assessments. Concrete outputs include: a RiskFP-insurance software prototype for forest risk, probabilistic flood vulnerability functions, a typhoon seasonal forecasting model, an integrated crop yield loss model, a service offer for infrastructure climate risk analysis, technical integration with the LMF platform, an open eMarket for catastrophe models and data, and a go-to-market roadmap.
Audience
Who needs this
Property and casualty insurance companies repricing climate-exposed portfoliosReinsurance firms building catastrophe model librariesAgricultural insurers and micro-insurance providers in emerging marketsInfrastructure investment funds and development banks assessing project-level climate exposureMunicipal governments planning flood defenses and adaptation spending
Business applications
Who can put this to work
Insurance and Reinsurance
enterprise
Target: Property and casualty insurers, reinsurance firms
If you are an insurance company struggling to price policies in regions with growing climate risk — this project developed the Oasis Loss Modelling Framework, a standardized risk assessment platform that quantifies potential financial losses from floods, typhoons, and other climate extremes. It was tested across 7 demo cases including Danube flood risk, typhoon forecasting, and African crop micro-insurance. With 23 consortium partners co-designing the tools, this gives underwriters evidence-based loss models instead of outdated actuarial tables.
If you are an agricultural insurer or cooperative dealing with unpredictable crop losses — this project built an integrated yield model for yield loss validation and yield risk mapping, available through an open eMarket. They also developed a RiskFP-insurance prototype specifically for the forest sector. These tools let you move from gut-feel pricing to data-driven crop and forest risk assessment backed by climate service data.
Infrastructure and Municipal Planning
enterprise
Target: Infrastructure investors, municipal governments, development banks
If you are investing in large-scale infrastructure and need to understand flood or storm exposure — this project created a service offer for climate risk analysis of large-scale infrastructure investments using probabilistic vulnerability functions for both river and surface-water floods. With 12 countries represented in the consortium and demonstrators linked to real municipal end-users, this platform helps you quantify financial exposure before committing capital.
Frequently asked
Quick answers
What would it cost to access the Oasis platform or its risk models?+
Based on available project data, the Oasis Loss Modelling Framework is designed as an open platform with an eMarket for catastrophe and climate data, models, and services. Specific pricing is not stated in the project data. The go-to-market report (D2.3.2.7) would contain commercial terms — contact the coordinator for details.
Can this work at industrial scale for a large insurance portfolio?+
Yes. The platform was designed for the global insurance sector and tested through multiple real-world demonstrators including hydro-climatic risk in the Danube Region, typhoon risk modeling, and African micro-insurance underwriting. With 11 industry partners and 8 SMEs in the consortium, it was built for operational deployment, not just research.
What is the IP situation — can we license this technology?+
The Oasis Loss Modelling Framework is positioned as an open, standardized platform. The eMarket is designed to let third parties offer their own models, tools, and services through it. Specific IP and licensing terms would be governed by the consortium agreement among the 23 partners — the coordinator at Potsdam Institute can clarify access terms.
How does this compare to existing catastrophe models from vendors like RMS or AIR?+
The key differentiator is openness and transparency. The project objective explicitly states it offers a transparent and comparable standard for evidence-based risk assessment, unlike proprietary black-box models. It combines climate services with damage and loss data in a standardized process that any sector can access.
What climate risks does it actually cover?+
Based on the deliverables, the platform covers river floods and surface-water floods (with probabilistic vulnerability functions), typhoons (with seasonal forecasting models for 8+ months ahead), crop yield losses, forest asset risk, and climate-health interactions. Each was tested through dedicated demonstrators with end-users.
Is this still active or was it a one-off research project?+
The project ran from 2017 to 2020 and is now closed. However, the Oasis Loss Modelling Framework itself is an ongoing initiative — the project was specifically designed to operationalize the platform and launch the eMarket. The go-to-market roadmap (D2.3.2.7) outlines the continuation strategy.
Consortium
Who built it
This is a heavyweight consortium of 23 partners from 12 countries, with an unusually high 48% industry ratio — nearly half the partners come from the commercial sector. The 11 industry players and 8 SMEs signal this was built for market, not just for publications. The geographic spread from Europe (DE, AT, NL, FR, ES, DK, HU, RS, UK) to emerging markets (BR, KE, HK) shows the platform was designed for global deployment. The coordinator, Potsdam Institute for Climate Impact Research, is one of Europe's top climate science institutions, giving the underlying models serious scientific credibility. For a business buyer, this means the technology has been stress-tested by both scientists and commercial users simultaneously.
Want to connect with the team behind the Oasis climate risk platform? SciTransfer can arrange a direct introduction to the right people in the consortium. Contact us for a one-page business brief.
