E3CI for Finance
to increase accuracy on weather risks, transparency on valuations, competition, benefits for investors
The Index allows users access to a large body of data on the extreme meteorological events that have occurred since 1981, to help private entities, communities and political decision-makers identify the most effective adaptation measures for specific areas of interest.
The Index is a fundamental tool for innovating climatic risk and extreme meteorological event management policiesand its flexible, dynamic and customisable nature makes it useful for countless business applications. The advantage of using the Index range from the opportunity to tap into huge databases of information on the trend of climatic and meteorological phenomena over the decades to being able to produce analysis and forecast output customised to suit user requirements, such as the geographical area, which can be refined to a radius of approximately 30 km.
to increase accuracy on weather risks, transparency on valuations, competition, benefits for investors
to improve financial and trading strategies and mitigate financial risks due to fluctuations in energy prices linked to exceptional weather conditions
to know the climate risks of the territories and identify the most strategic areas for urban planning, improving the efficiency of works and maintenance
to increase awareness of climate scenarios and make more effective the management of potential current and future weather threats
per pianificare lo sviluppo urbano in modo sostenibile, proteggere proprietà, valutare i rischi di aree e territori, facilitando la pianificazione degli investimenti
to promote an approach to climate change based on objective data, increasing education and awareness in the public opinion
Index data can be crucial assets within both public and private forecasting processes. Whenever the frequency and intensity of extreme meteorological events can be an important variable for refining risk assessment or impact analysis activities on specific areas.
In the paper “How is Italy faring?”, starting from the data of the European Extreme Events Climate Index, the extraordinary meteorological events that characterized Italy in the hydrological year from September 2022 to August 2023 are analyzed, quantified, and monitored caratterizzato l’Italia nell’anno idrogeologico che va dal settembre 2023 ad agosto 2024. The analysis not only allows us to better understand the magnitude of certain phenomena but also to identify trends and provide scientific and visual support to what is happening at the climatic level.
