Correntics

🌾 Climate Change and Food Security: What Do You Think is the Biggest Challenge? 🌍 Climate change is a major driver of global food insecurity. As we work toward effective solutions, it is crucial to understand which challenges need our focus. How can we leverage climate risk analytics to address these issues? Share your thoughts! #ClimateRisk #FoodSecurity #ClimateAnalytics

🌊 Oceans on the Frontline: What’s the Biggest Climate Risk? 🌍   Our oceans are crucial to the planet's health, yet they’re under immense threat due to climate change. From rising temperatures to pollution, the risks are growing. But which one should we be most concerned about? Associated concerns include impact on marine ecosystems, threats to coastal communities, worsening the health of our oceans, or disruption of marine food chains 🚨 Let’s discuss how we can protect our oceans and mitigate these risks. #ClimateChange #Oceans #Sustainability #ClimateRisk

🤔 Let's face it: Understanding and managing physical climate risk is challenging... 📌 As climate extremes become more frequent and severe, understanding physical climate risks has become crucial for organisations across different industries. However, it's no easy task! From extreme weather to long-term environmental changes, these risks can have profound impacts on operations, supply chains, and financial stability. In our most recent blog post, we provide an overview of physical climate risks, and discuss the implications of sustainability reporting standards (e.g. TCFD & CSRD). We also discuss several examples of physical climate risks and the economic impacts that they lead to. Finally, we provide a guide to the first steps in your physical climate risk assessment! 📈 At Correntics, we have in-depth expertise in assessing physical climate risks across different business activities, asset portfolios, and entire value chains. Our climate risk analytics solutions provide tailored assessments to help you implement strong resilience strategies, and align with sustainability regulations. ⚖ Visit our website and reach out to lead the race against physical climate risks 🥇 https://lnkd.in/eKk3VSMW #PhysicalRisk #RiskManagement #ClimateChange #SustainabilityReporting 

🌄 Tropical Andes: 16'000 Years of Climate Secrets 🔑   A ground-breaking study from Brown University finds that carbon dioxide levels and ocean currents are the primary factors driving temperature fluctuations in the tropical Andes, offering valuable insights for predicting future climate impacts. The study unveils a detailed climate history of the region, spanning 16'000 years. The authors suggest that the Amazon ecosystem is prone to rapid temperature changes due to the slowing of Atlantic Ocean circulation and increasing atmospheric CO2.   🔎 Tropical mountain environments, like the Andes, are among the most sensitive to climate change and are predicted to warm at rates second only to the Arctic. By leveraging climate risk analytics, organizations can prepare for these changes, mitigating risks and seizing opportunities in a rapidly evolving climate.    Let's harness the power of data to protect our planet's most vulnerable regions! Follow Correntics for more insights ✅   #ClimateRisk #GlobalWarming #ClimateData #TropicalAndes   https://lnkd.in/efemrKjW

🔦 Understanding risk scores: river and coastal floodings 🌊   The Potential Exposure at Risk (PEAR) indicator represents the prevalence of a natural phenomenon. In the case of river and coastal floodings, the ECB showcases the financial impact of exposure at risk in Europe, with and without adaptation measures.   📊 Key insights: - River floodings: Germany, France and Luxembourg face the highest potential financial exposure, even when implementing flood protection measures. - Coastal floodings: The Netherlands can significantly reduce their financial exposure to coastal floodings, from over EUR 60 billion to less than EUR 5 billion, with effective adaptation measures.   🔍 At Correntics, we specialize in assessing vulnerability to weather extremes and long-term climate stress, empowering effective decision-making and resilience strategies to protect infrastructure and operations.   How does your business or region enhance its natural hazard resilience in the face of climate risks? #ClimateRisk #Flooding #Sustainability #ClimateChange #RiskManagement   (Image taken from the European Central Bank's Report on Analytical Indicators on Physical Risks)

💡Understanding Natural Hazards: Definition, Examples, and Future Perspectives 🗝   Our latest article explores the rising frequency and severity of natural hazards, detailing their types, causes, and impacts. We discuss key events such as El Niño-induced droughts or floodings in India. Emphasizing the importance of climate resilience, the article highlights how industries can prepare for future climate extremes through robust risk assessment.   📈 Discover more about climate risk analytics and enhance your climate resilience. Read the full article on our website and follow the Correntics page for more! 🌪️🔥💧 https://lnkd.in/ezQTNbJR #naturalhazards #climaterisk #extremeweather #climateresilience

🗺 Everything you need to know about Natural Hazards 🌫 Check out our latest blog post here: https://lnkd.in/eKtcfEbQ

🔭 The Copernicus Program has just revealed that a new record has been reached in daily global average temperature, on July 22, 2024 🌡 That day, temperatures in the Middle East reached above 50°C. How hot is it in your location? 📌 Let us know in the comments! #ClimateChange #HeatWave #ClimateRisk #GlobalWarming

🌍💡 Exciting developments in climate resilience across the Atlantic! The Biden-Harris Administration is catalyzing innovation and investment towards climate preparedness and recovery efforts. - 🌱 Climate Resilience Game Changers Assessments: A new framework which identifies 28 critical technologies, practices and tools for climate resilience. - 📈 Industry & Commerce: Climate-informed scenario modelling and supplier tracking are essential for business resilience. - 🔧 Tools: Actionable climate data, analytics and forecasting are identified as game changers for climate resilience. 📊🔍 To enable such climate resilience and preparedness, solutions in climate risk analytics are crucial. Determining exposure to extreme weather events and physical climate risks empowers effective and targeted resilience strategies.   Follow the Correntics page to discover the Correntics Risk Analytics Platform! 🌐   #climateresilience #climaterisk #greentech #BidenHarris   https://lnkd.in/gDP5hpQb

💡 Are you anticipating weather extremes? ⛈ Seasonal forecasting is crucial for assessing business continuity risks, as weather events and climate hazards can significantly affect and disrupt operations across industries. They can have strong impacts on communities and people, while also leading to bottlenecks in supply chains, site damages, loss of resources, and increased operational costs. ✅ At Correntics, in addition to assessing long-term climate risks, we provide state-of-the-art seasonal forecasts for temperature, precipitation, and windspeed anomalies. Those forecasts look ahead up to four months, and are based on past ensembles of data from observed states of the climate system. 🚨 Ongoing situation: South Asia is currently subject to torrential rainfall and flooding, with terrible human consequences and disruptions in business operations in various sectors. Seasonal forecasting can be of great help in the assessment, preparation and mitigation of such extreme weather events. Follow the Correntics page to stay up to date on climate risks and seasonal forecasts, and visit our website for a glimpse into our climate risk analytics platform 🌐 #forecasting #weatherextreme #climaterisk #riskmanagement