NEWS & EVENTS

Getting animated about the business impacts of extreme weather

Nov 13, 2020

Weather-related disasters are creating huge economic strain across the globe, with many businesses requiring climate risk calculations to help manage financial growth and prevent losses. Researchers at the Universities of Oxford and Harvard are now able to estimate the economic impacts of weather-related events at firm, industry and macroeconomic levels.

Using the climate risks model from ITRC, researchers Xi Hu, Raghav Pant, Jim Hall, Swenja Surminiski and Jiashun Huang used economic modelling to identify the impact on an individual firm, then estimated the impact on the industry and the ripple effect to the wider economy.

This model can be easily adapted to help businesses assess climate risks and reduce losses before it’s too late.

Find out more about the research paper

LATEST NEWS

Predicting infrastructure demand using satellite imagery and machine learning

Predicting infrastructure demand using satellite imagery and machine learning

A lack of available demand data can hinder infrastructure assessment.  To better identify the ‘digital divide’ in telecoms demand, it is possible to predict cell phone adoption and spending using read more

New interactive article illustrates urban planning models in action

New interactive article illustrates urban planning models in action

Researchers collaborating between the universities of Oxford and Newcastle have launched an interactive article to illustrate how their models can be used to evaluate development scenarios in the read more

ITRC Webinar – Digital Infrastructure Strategies – from Copper to Fibre and 4G to 5G

ITRC Webinar – Digital Infrastructure Strategies – from Copper to Fibre and 4G to 5G

Exploring the advantages and challenges of rolling out next-generation wireless networks in the UK and around the world On 9 November Jim Hall, ITRC Director, chaired another well-attended ITRC ... read more

RESEARCH THEMES

ENERGY
TRANSPORT
WATER
DIGITAL COMMUNICATIONS
DEMOGRAPHICS
URBAN DEVELOPMENT
ECONOMICS
INFRASTRUCTURE
GOVERNANCE
NISMOD
RISK AND
RESILIENCE
RESEARCH SOFTWARE ENGINEERING
DATABASES