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News update on International Climate Initiative (IKI) project

As many of you will have been following, the Oasis Platform for Climate and Catastrophe Risk Assessment in Asia project is co-developing new open catastrophe risk models for flood in the Philippines and cyclone in Bangladesh. Launched in June 2018, the project is supported by the International Climate Initiative (IKI) of the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU). The project is due to deliver the key outputs by the end of 2020. Data from the project is already being released on the Oasis Hub, with historical storm reconstructions delivered by the UK Met office using a novel approach to overcome the limitations of historical data available here. Further updates and Oasis format files will be added in the coming weeks, along with more releases for the Philippines. Additional data such as exposure databases and vulnerability curves are also being developed and will be released when ready.  


A multi-national consortium of public and private sector organisations across academia, national agencies and insurance are coming together to develop new insights into risk in these countries, providing the basis for new climate change adaptation mechanisms, including risk financing. A key goal of the project is to build in-country capacity in developing and using catastrophe risk models and climate analysis. Following a  successful 3-day capacity building workshop on Climate Data Processing and Analysis in June 2019 at the Institute of Water and Flood Management (IWFM) of the Bangladesh University of Engineering and Technology (BUET) (IWFM workshop), the Potsdam Institute of Climate Impact Research (PIK), KatRisk Deutschland, and the Oasis team conducted a successful 4-day workshop in conjunction with The National Reinsurance Corporation of the Philippines (Nat Re) In Manilla in November 2019.


You can read more about the November workshop on the Nat Re website. Material from the workshops is being made publicly available from the following websites. The PIK workshop material on Climate Data Processing and Analysis is here and all Oasis presentations from workshops can be accessed on an ongoing basis via Dropbox here. We plan on making more online training available during 2020, and will assess the global travel situation later in the year for further in-country workshops and launch events.