MIT tool shows climate change could cost Texans a month and a half of outdoor time by 2080 | TechCrunch

There are many ways to describe what is happening to Earth’s climate: global warming, climate change. climate. global weirdnessIn different ways, they all try to capture the phenomena caused by our world’s weather systems going awry. Despite the many options for thesaurus entries, it remains an embarrassingly difficult concept to relate to.

However, MIT researchers may finally have the answer. Rather than predicting Category 5 hurricanes or recording the number of hot days, they developed a tool that allows people to see how many “outdoor dayThat’s what their region could experience between now and 2100 if carbon emissions grow unchecked.

The results can be shocking or comforting, depending on where you live.

for people in california or France or Germany, things don’t look that bad. Summer temperatures won’t be as pleasant, but spring and fall will become milder, adding days to nearly a month of outdoor activity weather compared to historical records. U.K. Things will get better and 40 outdoor days will be gained by the end of the century.

Not everyone will come out ahead, though.Some temperate regions, e.g. New York, Massachusetts, Chinaand Japan A week or more of outdoor time will be lost. Elsewhere, the situation looks even more dire. Illinois By the 2080s, outdoor time will be reduced by more than a month as summer becomes unbearable. Texas Will lose a month and a half for the same reason.

However, those countries with the most vulnerable populations will be hardest hit (as scientists warn). nigerian Summer is set to become hotter and longer, resulting in nearly two months of less outdoor activity. India Nearly two and a half months will be lost.

This is not necessarily the case. Even if the world fails to achieve net-zero carbon emissions by 2050, but can still achieve it by 2070, the situation will improve significantly. Nigeria and India will both lose just one month of outdoor time, with more northern regions retaining some extra time.

evaluate risk

MIT’s tool is a related application in the research field of climate scenario analysis, a branch of strategic planning that seeks to understand how climate change will affect different regions and demographics. This is not a new field, but as advances in computing power foster more sophisticated climate models, it is applicable to a wider range of fields than before.

Many startups are leveraging this relatively new predictive power to help shape an uncertain future.

Many new startups in this space are focused on negotiating uncertainty for investors, lenders and insurance companies. Jupiter Intelligence, Sevesterand one question All of these companies specialize in these markets, providing clients with dashboards and data sources that they can customize based on region and even assets of interest. The startup also determines risks from floods, wildfires and droughts, and they will provide reports detailing assets and asset risks. They can also make regulatory disclosures that highlight relevant climate risks.

Investors and insurance companies are very worried about how climate change will affect assets and supply chains, so these startups are attracting some real cash. Jupiter Intelligence has raised $97 million, Cervest has raised $43 million, and One Concern has raised $152 million, according to PitchBook data.

While major financial institutions are the obvious customer base for climate forecasting companies, other outdoor-exposed markets also need solutions.

climate artificial intelligence The target is agriculture, including agribusiness, lending institutions and food and beverage companies, all of which have seen droughts, floods and storms destroy crops. Water risk assessment is therefore a key feature of ClimateAI forecasts, although it also provides additional weather and climate-related data as well. The startup has raised $37 million to date, according to PitchBook.

sensitive weather is working on markets that are closer to home for most of us. It provides coverage for people participating in outdoor activities, from live concerts to camping and golf. It works with campgrounds, golf courses, live event operators and more, allowing them to offer customers an option to keep their outings protected from inclement weather. According to PitchBook, this approach secured $22 million in funding for the startup.

As more businesses and consumers become aware of how climate change impacts their lives, their demand for certainty will create a host of new markets, which will provide ample opportunities for expansion for these startups and their peers. Laboratories and insurance companies, it seems, are poised to enter the mainstream.

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