In today’s climate, credible research and data are essential for making informed business decisions. WTW, a company with a track record of 20+ years of working with climate scientists, believes that a transdisciplinary approach is key to making climate data accurate, accessible, and actionable. Collaboration between the insurance industry and academia is also crucial for translating complex data into practical solutions for adapting to climate change. To identify credible research, it’s essential to evaluate the source, accessibility, peer review, and relevance of the data. Additionally, research should be transparent, and the funding sources should be disclosed. The article highlights several areas of research that should be approached with caution, such as research that lacks transparency, questionable accuracy, and uncertain funding sources. The article also emphasizes the importance of integrating climate and catastrophe models, seasonal predictions, and transition and liability risks into risk assessments and planning frameworks.
Unlocking the Secrets of Weather and Climate: A Comprehensive Guide to Navigating the Turbulent Terrain of Climate Change Research
