The Open Earth Monitor Cyberinfrastructure is an European project (2022-2026) that has brought together Earth Sciences and computer scientists that imagined and calculated a significant amount of
worldwide and regional geospatial data products based on satellite data, from agriculture to forestry, from air quality to flood monitoring. Behind the science and technical progress done to support these results, it is essential to also expand their benefits beyond their traditional fields. Thus, work was done to assess to which extent the project’s results can assist in providing a clearer image of the risks to which the private European sector is exposed due to climate change.
A special attention was given to the financial sector with an emphasis on the insurance branch, given its significant role in the stability of the economy, through its intermediary services to transfer and allocate financial capital. The team used the open source tool Climada to evaluate the potential of OEMC generated products in the analysis of risk assessment of the European private sector. This talk will present the results obtained.