Gaia Vision releases new version (Ver. 3.0) of its climate change risk analysis platform “Climate Vision” to address risks such as storm surge in addition to flooding.

Global centralized analysis of climate change risk for flood/storm surge/high temperature/strong winds, analysis function by future age (by socioeconomic scenario), and detailed financial impact assessment function that takes countermeasures into account are realized, and some hazard map functions are made available free of charge.

Climate Vision: Global Climate Change Risk Analysis Platform

Climate Vision is a platform for analyzing climate change risks around the world.

In recent years, companies are increasingly required to assess physical risks (e.g., flood risks) at their own sites and those of their suppliers, take countermeasures, and disclose information against the backdrop of increasingly severe weather disasters and sustainability disclosure standards (TCFD/CDP/ISSB/CSDD, etc.). However, existing tools have problems such as “cannot respond globally” and “resolution is too coarse. Climate Vision has been used in various industries such as manufacturing, logistics, infrastructure, real estate, and finance as a tool that enables “high-resolution analysis worldwide,” “analysis by future global warming scenario,” and “financial impact assessment.

(Reference)

• 11/14/2023 “Gaia Vision Announces the Release of Climate Vision Ver 2.0 – Boosting Climate Risk Analysis in the Global Corporate and Financial / Real Estate Industry / Supply Chain”:
  https://prtimes.jp/main/html/rd/p/000000011.000086949.html
• 2024/5/23 “Nippon Kayaku Leverages Gaia Vision’s Climate Vision Climate Risk Analysis Platform”:
  https://prtimes.jp/main/html/rd/p/000000016.000086949.html
• 2024/11/6 “Bank of Mitsubishi UFJ to Begin Using Gaia Vision’s Climate Vision Climate Risk/Flood Risk Analysis Platform and Collaborative Research”:
  https://prtimes.jp/main/html/rd/p/000000019. 000086949.html

Key points of the new version: In addition to flooding, climate change risks such as storm surge risk are addressed.

Based on the further needs of companies to respond to climate change risks, Gaia Vision has newly realized “integration of storm surge and other risks in addition to flood risks,” “time-series analysis functions,” and “detailed financial impact assessment functions, such as taking risk measures into account.

1. integration of storm surge and other risks in addition to flood risk

In addition to the flood risk previously provided, storm surge, high temperature, and strong wind risks can now be analyzed in an integrated manner. Until now, users in the manufacturing and real estate industries have expressed a desire for integrated assessment of both river flooding and storm surge risks at their coastal locations. With this version, users can enter the address of their location to automatically assess each risk and obtain analysis results in the form of maps and numerical information.

2. time series analysis function

This function enables analysis by year, such as 2030 and 2050. While it has been possible to analyze future climate scenarios by temperature scenario (e.g., 1.5°C rise scenario), understanding risks by time series makes it easier to use the results for decision-making and sustainability information disclosure. Time-series analysis results can be obtained by socioeconomic scenario (SSP1-2.6/SSP5-8.5, etc.) (since different socioeconomic scenarios have different greenhouse gas emission paths and different changes in physical risks such as flood risk).

3. detailed financial impact assessment functions, such as taking into account risk measures

This function allows users to evaluate the financial impact (estimated damage) by taking into account the height and detailed layout of facilities. This allows, for example, users in the manufacturing industry to evaluate the risk mitigation effects of taking measures such as moving critical facilities to upper floors. This is beneficial for quantitative target setting and monitoring of physical risk countermeasures and information disclosure.

Others: UI, etc.

The UI has been revamped (multiple hazard map comparison display, overlaid display, improved CSV import function, address history retention, etc.), making it even easier to use.

Global hazard map partially released free of charge

Climate Vision is available free of charge and anyone can access the global hazard maps by scenario by creating an account. Please click on the link below.

https://climate-vision-atlas.gaia-vision.co.jp

　The paid version enables more detailed map display and analysis results.

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These results were obtained through the “Subsidy Program for New Products and New Technology Development” subsidized by the Tokyo Metropolitan Small and Medium Enterprise Promotion Agency. We would like to take this opportunity to thank you for your support.

　* PR TIMES release (same content): https://prtimes.jp/main/html/rd/p/000000021.000086949.html

If you have any questions or matters you would like to discuss, please feel free to contact us using the inquiry form.

Inquiry form: https://www.gaia-vision.co.jp/contact/