Assessing Physical Risk: Floods and Tropical Cyclones

Financial institutions are increasingly challenged by the need to assess and manage the impact of both acute and chronic physical risk from climate change on financial portfolios. 

This webinar will guide participants on how the MathWorks suite of analytical tools can facilitate addressing these challenges. We will explore:

• Data Acquisition and Management: Approaches to collecting and handling various climate-related datasets, such as geographical climate risk maps, satellite imagery, and historical climate event data.

• Physical Risk Assessment: Techniques for incorporating physical climate risks, such as NatCat events like extreme weather and long-term climatic shifts, into financial asset analysis.

• Model Development: Building models that consolidate diverse data types to simulate and assess the impact of physical climate risks on asset valuation across multiple scenarios.

• Deployment and Reporting: Strategies for deploying physical risk models and sharing their outcomes through visualizations and reports that can integrate seamlessly with existing risk management frameworks.

The session will offer insights into practical methodologies and tools for quantifying and reporting on the physical risks climate change poses to financial assets, utilizing both Open Source and proprietary data.