Climate Risk Exposure Data

Climate Risk Exposure Data
At Nomad Data we help you find the right dataset to address these types of needs and more. Submit your free data request describing your business use case and you'll be connected with data providers from our over 3,000 partners who can address your exact need.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
At Nomad Data we help you find the right dataset to address these types of needs and more. Sign up today and describe your business use case and you'll be connected with data vendors from our nearly 3000 partners who can address your exact need.


Understanding the complexities of climate risk exposure has historically been a challenging endeavor. Before the digital age, firms and individuals relied on rudimentary methods to gauge the impact of natural disasters and climate-related events on their assets and operations. These methods ranged from manual record-keeping of past events to relying on anecdotal evidence and limited meteorological data. The lack of precise and comprehensive data meant that many were often in the dark, making decisions based on incomplete information and facing significant unforeseen losses.

The advent of advanced technologies such as sensors, the internet, and connected devices has revolutionized the way we collect and analyze data. The proliferation of software and the move towards digitizing every event have made it possible to gather detailed insights into climate risks and their potential impact. This shift has enabled businesses and individuals to understand changes in real-time, significantly reducing the uncertainty and potential losses associated with climate risk exposure.

The importance of data in understanding climate risk exposure cannot be overstated. In the past, the lack of timely and accurate data meant waiting weeks or months to grasp the full extent of a natural disaster's impact. Today, thanks to the wealth of data available, stakeholders can make informed decisions swiftly, mitigating risks and optimizing their response to climate-related events.

Historically, data on climate risk exposure was scarce and often not specific enough to be of practical use. Traditional methods of data collection were not only time-consuming but also prone to inaccuracies. The reliance on these antiquated methods left much to be desired in terms of risk assessment and management.

The introduction of sensors and connected devices has been a game-changer, allowing for the collection of real-time data on a wide range of climate-related risks. This data, coupled with advanced analytics, has provided unprecedented insights into the frequency, intensity, and potential impact of natural disasters.

The evolution from manual, anecdotal evidence-based approaches to data-driven strategies has transformed the landscape of climate risk assessment. Stakeholders now have access to detailed, actionable insights that enable them to prepare for and respond to climate risks more effectively than ever before.

Risk Data

The category of risk data has been instrumental in advancing our understanding of climate risk exposure. Risk data providers offer spatial risk scores that quantify hundreds of location-specific factors affecting asset value, environmental impact, operational effectiveness, and social sustainability. This data encompasses 18 natural disaster risks and expected annual losses (EAL), providing a comprehensive overview of potential climate-related threats.

Historically, the use of risk data in assessing climate risk exposure was limited by the availability and granularity of data. However, technological advancements have enabled the collection and analysis of over 1.5 million weather events and their impacts, offering detailed insights into the risks posed by natural disasters.

Industries and roles that have historically used this data include insurance companies, real estate developers, and government agencies. These stakeholders rely on risk data to make informed decisions regarding asset management, policy development, and disaster preparedness.

The amount of risk data available is accelerating, thanks to the continuous improvement of data collection and analysis technologies. This growth in data volume and quality is empowering stakeholders to gain a deeper understanding of climate risk exposure and to develop more effective mitigation strategies.

Specific uses of risk data include:

  • Asset Valuation: Assessing the impact of climate risks on the value of assets.
  • Operational Planning: Developing contingency plans based on the likelihood and potential impact of natural disasters.
  • Policy Development: Informing the creation of policies and regulations aimed at reducing climate risk exposure.
  • Insurance Underwriting: Evaluating the risk profile of assets and determining appropriate insurance premiums.

Climate Data

Climate data providers offer another crucial piece of the puzzle in understanding climate risk exposure. This data quantifies hazard risks, including fire, flood, drought, extreme heat, and precipitation, into the future in five-year increments through 2060. The coverage of this data spans the contiguous US and Canada, providing valuable insights into the intensity and frequency of climate hazards.

The history of climate data usage reflects a growing awareness of the need for precise, forward-looking information to assess and mitigate climate risks. Initially, climate data was used primarily by meteorological organizations and academic researchers. However, as the implications of climate change have become more apparent, a wider range of industries has begun to utilize this data.

Technological advances have played a key role in the development and accessibility of climate data. The use of satellite imagery, advanced modeling techniques, and big data analytics has enhanced our ability to predict and quantify climate hazards.

The acceleration in the volume and quality of climate data is enabling stakeholders to make more informed decisions regarding climate risk exposure. This data is particularly valuable for long-term planning and investment, as it provides insights into how climate risks are likely to evolve in the coming decades.

Specific uses of climate data include:

  • Long-term Planning: Informing strategic decisions with projections of future climate hazards.
  • Investment Analysis: Assessing the potential impact of climate risks on investment portfolios.
  • Infrastructure Development: Guiding the design and location of infrastructure projects to minimize climate risk exposure.
  • Public Policy: Supporting the development of policies aimed at climate risk mitigation and adaptation.

Insurance Data

Insurance data, particularly that developed with the needs of insurance companies in mind, provides critical insights into the risk and exposure of portfolios to natural hazards. This data covers a wide range of acute and chronic natural hazards, including wildfires and hurricanes, and incorporates cutting-edge climate projections to illustrate how risks may change in the future under different climate change scenarios.

The use of insurance data in assessing climate risk exposure has a long history, with insurance companies being among the first to recognize the importance of detailed risk data. This data has traditionally been used for underwriting and risk assessment purposes, helping insurers to price policies accurately and manage their risk portfolios effectively.

The technology behind insurance data has evolved significantly, with advances in data analytics and modeling techniques enabling more precise risk assessments. The inclusion of climate projections in insurance data is a relatively recent development, reflecting the insurance industry's growing recognition of the need to account for the long-term impacts of climate change.

The availability of detailed insurance data is increasing, providing stakeholders with valuable insights into the potential risks and exposures associated with climate-related events. This data is essential for insurance companies, but it is also increasingly used by businesses and government agencies to inform their risk management strategies.

Specific uses of insurance data include:

  • Risk Assessment: Evaluating the potential impact of natural hazards on insured assets.
  • Policy Pricing: Determining appropriate premiums based on the risk profile of assets.
  • Portfolio Management: Managing the distribution of risks within an insurance portfolio to optimize returns and minimize losses.
  • Climate Change Adaptation: Informing strategies for adapting to the long-term impacts of climate change on insured assets.


The importance of data in understanding and managing climate risk exposure cannot be overstated. The transition from antiquated, anecdotal methods to data-driven strategies has transformed the landscape of climate risk assessment. Access to detailed risk, climate, and insurance data enables stakeholders to make informed decisions, mitigate risks, and optimize their response to climate-related events.

As organizations become more data-driven, the discovery and utilization of relevant data will be critical to their success. The ability to analyze and interpret vast amounts of data will empower businesses to navigate the complexities of climate risk exposure more effectively.

Corporations are increasingly looking to monetize the valuable data they have been creating for decades. This trend is likely to continue, with new types of data being sold in the future that could provide additional insights into climate risk exposure and other related topics.

The role of data in understanding climate risk exposure is only set to grow. As technology continues to advance, the availability and quality of relevant data will increase, enabling even more precise and actionable insights.

The future of climate risk assessment and management is data-driven. The ongoing development of risk, climate, and insurance data will play a crucial role in helping stakeholders to understand and mitigate the impacts of climate-related events.

Embracing a data-driven approach to climate risk exposure is essential for businesses, governments, and individuals alike. By leveraging the wealth of data available, stakeholders can make more informed decisions, reduce their vulnerability to climate risks, and build a more resilient future.


The types of roles and industries that could benefit from climate risk exposure data are diverse and span across multiple sectors. Investors, consultants, insurance companies, market researchers, and government agencies are just a few examples of stakeholders who rely on this data to inform their decisions and strategies.

The challenges faced by these industries are multifaceted, ranging from asset valuation and risk assessment to policy development and disaster preparedness. Data has transformed the way these challenges are addressed, providing detailed insights that were previously unavailable.

The future of data utilization in these sectors is promising, with advancements in artificial intelligence (AI) poised to unlock even greater value. AI has the potential to analyze decades-old documents and modern government filings, revealing hidden insights and trends that can inform better decision-making.

As the volume and quality of data continue to grow, the opportunities for leveraging this information to address the challenges of climate risk exposure will expand. The industries and roles mentioned above, among others, stand to benefit significantly from the insights provided by risk, climate, and insurance data.

The potential of data to transform industries and roles related to climate risk exposure is immense. By embracing a data-driven approach, stakeholders can enhance their understanding of climate risks, develop more effective mitigation strategies, and build resilience against the impacts of climate-related events.

The future of data in addressing climate risk exposure is bright, with AI and other technological advancements set to play a key role in unlocking the value hidden in data. As we move forward, the importance of data in understanding and managing climate risks will only continue to grow, shaping the strategies and decisions of businesses, governments, and individuals alike.

Learn More