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Oasis Innovation Hub for Catastrophe and Climate Extremes Risk Assessment

Objective

Globally, there is increased concern of the potential impacts of extreme climate events and their impact on loss and damage of people, assets and property as a result of these events. Therefore, natural partners in using climate services to assess risk are the Global Insurance Sector, who are key implementers in increasing societies resilience and recovery of extreme events and who are integral, co-design partners in this programme. This project intends to operationalize a system, called the Oasis Loss Modelling Framework, that combines climate services with damage and loss information and provides a standardised risk assessment process that can assess potential losses, areas at most risk and quantify financial losses of modelled scenarios. We intend to prove the Oasis LMF system through undertaking a range of demonstrators linked and co-designed to ‘real’ situations and end-user communities in the insurance, municipalities and business sectors (see list of partners & collaborators). These demonstrators have already been agreed with our end-users and develop work around hydro-climatic risk (in the Danube Region), Typhoon Risk, African Farmer Risk – through using climate information to support the underwriting of micro-insurance, climate v health and climate v forest asset risk assessment. We also intend to further expand access by all sectors to the models, tools and services developed within this programme and the broader climate services sector by operationalizing an open eMarket place and matchmaking facility for catastrophe and climate data and models, tools and services and through broadening awareness in the climate modelling and end-users communities to the Framework, and the transparent and comparable standard it offers to support evidence based risk assessment and adaptation planning.

Field of science

  • /social sciences/economics and business
  • /social sciences/sociology/governance/public services

Call for proposal

H2020-SC5-2016-TwoStage
See other projects for this call

Funding Scheme

IA - Innovation action

Coordinator

POTSDAM INSTITUT FUER KLIMAFOLGENFORSCHUNG
Address
Telegrafenberg 31
14473 Potsdam
Germany
Activity type
Research Organisations
EU contribution
€ 1 065 493,26

Participants (21)

IMPERIAL COLLEGE OF SCIENCE TECHNOLOGY AND MEDICINE
United Kingdom
EU contribution
€ 721 258,75
Address
South Kensington Campus Exhibition Road
SW7 2AZ London
Activity type
Higher or Secondary Education Establishments
OASIS LOSS MODELLING FRAMEWORK LIMITED
United Kingdom
EU contribution
€ 300 000
Address
20-22 Bedford Row
WC1R 4JS London
Activity type
Research Organisations
ARIA TECHNOLOGIES SA
France
EU contribution
€ 346 500
Address
Rue De La Ferme 8-10
92100 Boulogne-billancourt
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
TECHNISCHE UNIVERSITEIT DELFT
Netherlands
EU contribution
€ 210 730
Address
Stevinweg 1
2628 CN Delft
Activity type
Higher or Secondary Education Establishments
HELMHOLTZ ZENTRUM POTSDAM DEUTSCHESGEOFORSCHUNGSZENTRUM GFZ
Germany
EU contribution
€ 299 690
Address
Telegrafenberg 17
14473 Potsdam
Activity type
Research Organisations
PANNON PRO INNOVACIOS SZOLGALTATO KORLATOLT FELELOSSEGU TARSASAG
Hungary
EU contribution
€ 105 000
Address
Fo Ut 39
2066 Ujbarok
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
DANMARKS TEKNISKE UNIVERSITET
Denmark
EU contribution
€ 233 750
Address
Anker Engelundsvej 1 Bygning 101 A
2800 Kgs Lyngby
Activity type
Higher or Secondary Education Establishments
BETTERPOINTS LIMITED
United Kingdom
EU contribution
€ 321 037,50
Address
Synegis House 21 Crockhamwell Road
RG5 3LE Reading
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
GENILLARD & CO GMBH
Germany
EU contribution
€ 326 287,50
Address
Ismaninger Strasse 102
81675 Munchen
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
ONF INTERNATIONAL
France
EU contribution
€ 31 500
Address
45Bis Avenue De La Belle Gabrielle
94736 Nogent Sur Marne
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
TECNOSYLVA SL
Spain
EU contribution
€ 19 600
Address
Parque Tecnologico De Leon Parcela - Edificio Tecnosylva 20
24009 Leon
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
UNIVERSITE D'AIX MARSEILLE
France
EU contribution
€ 7 000
Address
Boulevard Charles Livon 58
13284 Marseille
Activity type
Higher or Secondary Education Establishments
CHARITE - UNIVERSITAETSMEDIZIN BERLIN
Germany
EU contribution
€ 300 000
Address
Chariteplatz 1
10117 Berlin
Activity type
Higher or Secondary Education Establishments
FRESH-THOUGHTS CONSULTING GMBH
Austria
EU contribution
€ 135 625
Address
Hutteldorfer Strasse 215/29
1140 Wien
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
KLIMABARAT TELEPULESEK SZOVETSEGE
Hungary
EU contribution
€ 63 750
Address
Boszormenyi Utca 23-25
1126 Budapest
Activity type
Other
UNIVERZITET U NOVOM SADU FAKULTET TEHNICKIH NAUKA
Serbia
EU contribution
€ 81 250
Address
Trg Dositeja Obradovica 6
21000 Novi Sad
Activity type
Higher or Secondary Education Establishments
GAF AG
Germany
EU contribution
€ 76 300
Address
Arnulfstrasse 199
80634 Munchen
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
TRANS-AFRICAN HYDRO-METEOROLOGICAL OBSERVATORY
Kenya
EU contribution
€ 72 000
Address
Riara Road
00100 Nairobi
Activity type
Other
CITY UNIVERSITY OF HONG KONG
Hong Kong
EU contribution
€ 0
Address
Tat Chee Avenue, Kow Loon
Hong Kong
Activity type
Higher or Secondary Education Establishments
FORESTRE LIMITED
United Kingdom
EU contribution
€ 21 000
Address
27 Wheen House 1 Burrell's Wharf Square
E14 3TA London
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
OASIS HUB LIMITED
United Kingdom
EU contribution
€ 64 750
Address
39, 60 Barge Walk
SE10 0UG Greenwich
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)