Description :
The current Covid crisis highlights how supply chains are increasingly globalizing and becoming more complex. At the same time, climate change threatens our societies and economies. Satellite and big data are very powerful means to provide additional risk information to this picture, complementing or replacing traditional risk indicators, with new, global coverage, informing on severity and extent of climate impacts and disaster shocks. This is particularly relevant to data-poor environment and to World Bank client countries, where improving risk understanding is key to strengthening financial resilience of economies and populations to climate, crisis and disaster risks around the globe.
Addressing the need for new insights into broader range of climate and disaster risks, ESA’s Center for Earth Observation ESA/ESRIN and the World Bank Crisis & Disaster Risk Finance team set up in 2019 a specific technical assistance activity which leverages innovative application of satellite data at global, country, and project levels to create an enabling environment for improved risk financing and risk management.
This event will present the joint partnership, the state-of-play, current pilots and most promising applications. From improved drought risk response, to financial assets mapping, economic activity monitoring and climate and complex risk modelling, success stories, challenges and opportunities will be discussed through concrete use cases and knowledge sharing. Some of the most promising applications, such as systemic risk modeling or convergence of evidence methods for drought monitoring, will be presented in more detail to address replicability and at-scale implementation objectives.
Speakers:
• Dr. Rogerio Bonifacio, Head of the Geospatial Analysis Unit at World Food Program (will join in person)
• Dr. Jannis Hoch, Senior Developer at Fathom (will join in person)
• Dr. Shanna McClain, Disasters Program Manager for NASA's Earth Science Applied Sciences Program (will join remotely)
• Dr. Daniel Osgood, Lead Scientist at International Research Institute for Climate and Society of Columbia University (will join remotely)