Weather Intelligence
Understanding weather is the foundation of understanding weather risk.
Weather data is abundant. Weather intelligence is harder.
Vast amounts of information are generated about temperature, precipitation, wind, snowfall, drought, river levels, storms, and other conditions. Historical observations extend back decades. Forecasts are continuously updated. Satellites, weather stations, radar, reanalysis datasets, and sophisticated models provide different views of what has happened, what is happening, and what may happen next.
For weather risk management, the important question is what the weather means economically.
A temperature reading becomes relevant when it affects electricity demand or natural gas consumption. Wind speed matters when it influences renewable energy generation. Rainfall becomes financially significant when it delays a construction project. Drought matters when it affects crop production or agricultural revenue. The same weather variable can have very different consequences depending upon location, timing, industry, asset, and activity.
ClimateDelta brings these relationships into a common analytical environment. Weather observations, historical records, forecasts, indices, geospatial information, models, and third-party data can be connected to the financial and physical exposures they influence. The objective is to move from weather data to weather intelligence, and from weather intelligence to a decision about risk.
Know the weather. Understand the exposure. Manage the risk.