Petra Manderscheid, Martina Haindl, Ingrid Coninx, Andrea Bigano, Giulia Galluccio
Over the last few years Europe has substantially invested in research for the development of climate services with the objective to make complex climate data usable for decision makers. JPI Climate, H2020 and Copernicus are European key players in this area. A whole network of European researchers are currently working on the development of climate services. Climate services are posed to become a source of key strategic information for many a sector, but perhaps the one in which their momentum is greater is climate finance, given their role in disclosure requirements for the investment process of institutional investors. On the other hand, lack of finance was recently identified as one of the main barriers to adaptation (EEA, 2014) In this session, we aim to showcase various Europe-made climate services and will set-up a discussion on different aspects concerning their development:
- Methods for user-tailored development
- Business models to develop climate services (including aspects of societal transformation)
- A prominent business model for climate services: the role of climate services in supporting climate finance decisions
- Actionable climate services – Next steps
- H2020, Copernicus, JPI Climate – Synergise / matchmaking of existing and upcoming climate services related activities to support /sustain climate services networks internationally
The target audience includes researchers, academics, private sector and research funders that invest in climate service research. They will get to know the difficulties and success factors of developing climate services. Further, an overview of different service development approaches will be provided. The goal is to develop a good understanding of further climate services developments and research investments needs.
Secondly, the session is also meant for practitioners, businesses, financial operators and policymakers to get to know the climate services landscape in Europe.
Proposed format for the side event
The proposed side event will start before the official opening of the ECCA conference and will kick-off further networking and exchange activities within the climate services community throughout the ECCA conference e.g. at the JPI Climate Booth. The side event and booth will be co-organised by JPI Climate and the H2020 CSA SINCERE project in collaboration with climateurope.
The side event that takes place before the opening of the ECCA conference will cover the following topics:
- The state of the art of climate services research: financing options for the next level?
- Key note speakers to illustrate the evolution of climate services – with emphasis on future perspectives in climate services
- Introduction to landscapes of climate services
- Pitch of 4 climate services from ERA4CS & JPI Climate 2013 Joint Call (especially Call A: Societal transformation in the Face of Climate Change)
- Panel discussion on the role of climate services in conveying correct and relevant information to financial decisionmakers, and on how to foster a fruitful dialogue between financial institutions and the scientific community on the development of climate services.
The discussions on climate services initiated during this side event will be continued and evolved during the ECCA conference at the JPI Climate Booth that will be run in cooperation with climateurope. Examples of climate services projects (e.g. funded or organised by JPI Climate, Copernicus, H2020) will be showcased according to their topic:
- Day 1: climate services for cities and discussion on business models including the challenges of societal transformation
- Day 2: climate services for agriculture and discussion on legal aspects
- Day 3: climate services for the guidance of investments in climate proof energy infrastructure and discussion on methods for user tailored development
During all these sessions, challenges and success factors for service development will be discussed to collect insight from different climate services stakeholders.