The newly launched ClimRisk web application delivers precise climate forecasts for the Czech Republic and Central Europe, as crafted by CzechGlobe experts. In this article, we’ll uncover ClimRisk’s capabilities, such as interactive maps and customizable data, which offer deep insights into future climate conditions. These features make ClimRisk an essential tool for readers seeking to understand climate trends and make informed decisions in sectors like agriculture, construction, and investment planning.
Why is ClimRisk a game-changer for investors?
ClimRisk is designed for investors, offering detailed forecasts about the future climate. This helps them plan better for the long term, making sure their investments can withstand future climate changes and meet sustainability standards like the EU Taxonomy. With its wide range of climate information, ClimRisk is particularly useful for industries like construction and farming that are directly affected by the weather. In short, ClimRisk helps investors make smart, eco-friendly choices in a world where climate change is a big factor in financial success.
Features of ClimRisk
Users can tailor their search with customizable data options, selecting specific climate characteristics, time periods, and regions to gather precise information. The tool bridges past and future, granting access to historical climate data and projections up to the year 2090, aiding in both immediate and long-range planning. Additionally, ClimRisk facilitates deeper analysis and easy reference through downloadable insights, ensuring critical climate information is readily available whenever needed.
ClimRisk provides data across a range of categories, including:
ClimRisk’s Methodology
The methodology behind ClimRisk involves a sophisticated blend of the latest climate models and scientifically robust scenarios. Developed by experts at CzechGlobe, it leverages nearly thirty climate models, carefully selecting seven that best represent the range of possible future climates for Central Europe. This selection is based on rigorous validation against historical climate data and is designed to encapsulate both optimistic and pessimistic future scenarios, reflecting human actions related to fossil fuel usage and climate protection measures. This methodology aligns with the principles set out by the Intergovernmental Panel on Climate Change (IPCC), ensuring that ClimRisk’s projections are both credible and relevant for strategic planning and risk assessment.
Empowering Startups with Climate Risk Insights
At Soulmates Ventures, we focus on understanding and preparing for climate risks over the long term, ensuring our startups are ready for these challenges. Recent studies show that the utilities sector is the most at risk from climate change, possibly facing extra costs of up to -15.9% of their value. On the other hand, the IT sector shows strong resilience, facing much lower risks at -2.2%. By keeping these sector-specific risks in mind, we guide our startups to not only withstand climate-related issues but also to seize opportunities for growth.
