Climate and nature risk

The research group models and analyzes climate impacts on the economy, nature, and society, perform scenario analyses, and conduct stress testing based on its knowledge and expertise in using climate models and climate and other environmental data. 

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About

The climate and nature risk group studies the relationship between physical climate change, particularly extreme events, economic and societal consequences, and associated uncertainties taking a holistic and systemic risk approach. 

Our research focuses on various sectors, such as finance, insurance, agriculture, energy, transport, land use, and green investments. We study, advise, and communicate the links between climatic, environmental, and natural risks, as well as economic and social risks. We aim to produce useful knowledge for decision-makers in the public and private sector. As part of this, we contribute to the synthesis and translation of data, methods and scientific knowledge so that decision-makers can make knowledge-based and informed decisions and, thereby, contribute to sustainable development of a climate resilient society. 

Research on the social and economic consequences of climate projections is a core topic in our research. The research group assists the financial sector, private and public companies, municipalities, and others with research-based knowledge and advice on which data and methods can be used to assess and report on climate and nature risk. The researchers in CICERO also do research on stress testing and scenario analysis.