There are various terms to describe the shifts in the Earth’s climate, such as global warming, climate change, and climate crisis. It can be challenging to understand and relate to these concepts fully. Researchers at MIT have developed a tool that predicts the number of “outdoor days” different regions may experience until 2100 based on unchecked carbon emissions growth.
This tool provides insights into how climate change will impact various locations worldwide. Some places like California and parts of Europe may see more outdoor days in the future, while others like New York, Massachusetts, China, and Japan may lose days due to extreme heat. Particularly vulnerable regions like Nigeria and India may experience significant reductions in outdoor days.
Climate scenario analysis, the study of how climate change will affect different areas and demographics, is gaining importance with advances in computational power. Startups like Jupiter Intelligence, ClimateAI, and Sensible Weather are using this predictive capability to offer solutions to investors, lenders, insurers, and businesses. These companies provide data on climate risks, floods, wildfires, droughts, and water risk assessment to help mitigate the impact of climate change.
As awareness of climate change grows, there is an increasing demand for certainty and risk assessment in various industries. This trend is creating new markets for startups specializing in climate scenario analysis, indicating that this field is moving towards the mainstream and will continue to expand in the future.
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