Climate Extremes pose significant risks to the global and Australian economy and are an increasing concern for the finance, reinsurance, and insurance sectors. Having robust knowledge on how climate extremes will change at relevant spatial scales allows businesses and government departments to make better decisions. Currently, gaps exist between the variety of ways scientists produce estimates of future extremes, and the information required by business to conduct risk assessment and decision making. The ARC Centre of Excellence for Climate Extremes is in on-going discussions with multiple elements of the finance sector to help close this gap. Recent engagement activities have included briefings to the finance sector on assessing climate risk and on the use and misuse of climate models and how misunderstanding climate data can lead to perverse outcomes and missed opportunities.
Find out more about the Knowledge Brokerage Team at the ARC Centre of Excellence for Climate Extremes and how we can help you.
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Projecting future heat stress in Australia using climate models
As the summer continues many of us are experiencing very hot temperatures. It is important to be prepared for extreme conditions which can lead to heat stress.
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El Niño and La Niña multi-year events could become more common: New research
Wet and dry periods could stick around for longer.
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Storms brewing up collaboration between science and industry
“We want to get to a point where the research is applied to effect change in how climate risk is managed.”
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Climate modelling – an overview
There are many types of climate models, and they vary widely in complexity.
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A closer look at climate modelling
Climate models come in different forms and are used to understand the Earth’s future.
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Artificial intelligence set to transform climate modelling
Climate and tech experts come together to lower barriers with Earth Virtualization Engines (EVE).