Climate risk for
Government
Our solutions have been developed from many years' experience working with government to understand, manage and reduce physical climate risk.
Impact
Climate change impacts all areas of government responsibility from budget forecasting and monetary policy, to town planning, health care, housing and infrastructure.
Governments at all scales take a long-term view of risk and aim to build adaptation and resilience into all aspects of asset management, services and policy.
XDI works with government clients to inform financial management, safeguard infrastructure and understand
the effects of climate change on vulnerable citizens.
We have solutions for all levels of government across many different areas.
The pathway from risk to resilience
Cross-dependent climate risk analysis
Understanding risk to communities and infrastructure through a broader systems analysis.
Exposure
Understand exposure, vulnerability and the costs of climate change.
Impact
Understand the broader economic and social impacts of climate change.
Make informed adaptation decisions
Make informed adaptation decisions backed by the best data available.
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Make data your first defence
Our clients are global
We analyse assets in over 175 countries
Featured use cases
CASE STUDY: City planning - urban heat
Greater climate planning for Greater Cities
Strategic planning and risk management
Climate change affects all aspects of the economy and society. Understanding long-term physical risk to infrastructure, people and the economy is the first step to managing those risks.
Adaptation and protection of vulnerable communities
The impacts of climate change are unevenly spread, affecting some regions and communities far more severely than others. Use our data to inform the development of measures to manage risk of under-insurance and the impacts of heat and extreme weather on vulnerable communities.
Adapt and thrive in a climate changing world
The long and wide view
Governments take a longer and wider view of climate risk.
XDI works with government clients to overlay our detailed physical climate risk analytics with social and economic data to inform cost-effective risk management and adaptation solutions over the long term.
Our data enables:
- Globally comparable asset analysis for benchmarking
- Engineering-grade asset analysis to inform infrastructure and utilities investment and planning
- An understanding of how disadvantage and highly expose properties and infrastructure intersect
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We’ve been around for a while - we can help!
XDI Launches XDI Climate Risk Hub: A New Platform for On-Demand Physical Climate Risk Analysis
XDI is today launching the XDI Climate Risk Hub from New York Climate Week, an innovative platform that provides on-demand, physical climate risk analysis for financial institutions, companies, and governments worldwide.
FAQs
XDI aims to ensure that the full extreme weather and climate change risk space has been properly explored. Practically this means selecting high emission pathways and testing hazards using the individual regional models which most exacerbate each hazard.
By default, XDI uses RCP8.5 as the reference scenario most appropriate for ‘stress testing’ a portfolio. RCP8.5 provides concentration of greenhouse gases that cause global warming temperature increase of between 3.2°C to 5.4°C by the end of 2100, relative to pre-industrial temperatures. Current emissions most closely follow RCP8.5 and it is sometimes referred to as Business-as-Usual as it assumes high growth without significant decarbonisation of the economy.
Other emission pathways will generally result in impacts that are slower to occur or less severe. Therefore, derived impacts for RCP2.6 are mapped from RCP8.5 based on global heat projection differences in the IPCC Fifth Assessment Report.
EasyXDI uses the Coordinated Regional Downscaling Experiment (CORDEX) model and it can not be changed by a user.
Outputs for Representative Concentration Pathway (RCP) 8.5, 6.0, 4.5 and 2.6 are available as standard.
As a standard of practice for physical risk analysis from extreme weather and climate change events, RCP 8.5 is used to stress test assets or portfolios under a worst-case emissions scenario. RCP 2.6 is used for 'best' case scenario. RCP 4.5/6.0 can be added for a moderate mitigation pathway.
XDI can provide risk assessments at multiple levels of aggregation. Group-level aggregation is not a standard output but if required we are able to provide this level of detail.
We offer annual, 5-year or 10-year increments from 1990 to 2100.
Climate Risk Engines were created in 2011. Developed by scientists, engineers and climate risk experts, this was the first time the cost of physical climate risk had been quantified in this way.Today, Climate Risk Engines are one of the most flexible, powerful and trusted sources of physical climate risk data in the world.
We do not currently include biodiversity in our analysis, however it is included in some capacity in our two-year roadmap for science and technology developments. If you wish to partner with XDI in developing metrics around biodiversity, please contact us.
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From simple, low cost analysis, to complex, detailed and specific,
XDI delivers actionable results
Our vision is not just to identify physical climate risks, but to mitigate them.
XDI can help you develop business plans for adaptation, helping you move from risk to resilience.
Talk to us today to find out more.
