We create and use software to help clients conduct assessments of different types of climate risks: physical, economic, social and ecological. We have developed customized climate tools and solutions for municipalities, governments and the private sector.
OIKO’s analysis focus on providing timely, appropriate and innovative services through the use of information technologies of the earth and space to improve rational choices to prevent climate impacts. The objective of our work is facilitating access to the scientific information needed to actively manage the potential impacts of the climate. Furthermore, we build capacities in order to prepare and improve the accessibility of the information, modulate the message and present it in a friendly, practicable and feasible format to the users.
In short, make the complex scientific climate information useful and readable, understandable to the end user and available to all actors for rational decision-making on the sustainable management of natural resources, especially to help the population, that is most vulnerable to the impact of weather extremes and climate variability, to manage the risk and make the best use of the opportunities.
OIKO focuses on the application of new information technologies into climate change adaptation and mitigation measures, based on the best use and facilitation of access to scientific information, data and knowledge. We create exclusive applications through partnerships with software application developers and climate scientists to customize the tools to end users needs. Our applications are designed to be end user friendly, intuitive and action oriented.
OIKO creates services and design tools for monitoring, predicting and early warning of weather, water and climate events such as rainfall and climate-derived hazards that help anticipate in disasters risk response and preparedness and reduce their potential impacts, saving lives and limiting damage to assets and infrastructure, agriculture, coastal damage, energy, health and the environment.
We conduct quantitative and qualitative analyses and map representations showing visual geographical interpretations to explain patterns of social, economic and ecological human behavior and its spatial expression that contribute to understanding patterns of vulnerability to climate change.
OIKO uses climate data and research together with socio-economic and environmental information to understand and display how climate related hazards will affect some locations, some infrastructure, some people and some parts of the environment more than others. We are skilled at collating and integrating this information in spatial databases to generate simple map-based outputs for the end user. By overlaying multiple layers of data in a Geographic Information System (GIS) platform, we help our clients identify ‘hotspots’ of climate vulnerability.
Earth Observation & Big Data
We understand climate science as a data-intensive subject which is supported by big data relevant technological applications. We support analysis on big data analytics and exhaustive detailing to cover a variety of climate topics. We understand how accessibility, availability and exponentially growing quantity of climate big data requires innovative technological advancements and practical implementations.
As a complex dynamical system, the Earth demands big data analytics in climate science and OIKO requires the use of supporting technologies such as cloud computing, big data tools to investigate climate, as well as intelligent analytics platforms and new technological progressions, to study possible impacts on climate science and big data science development, especially in the areas of energy efficiency, intelligent agriculture, smart urban planning, weather forecast, natural disaster management, etc.
We integrate scientific data to facilitate access to users up to the last mile to make informed and rational use of resources and risks under an ever-changing environment.
Essential Climate Variables, Indicators & Indexes
OIKO formulates climate risk performance assessment frameworks based on robust indices to measure policy and business adaptation performance to climate threats.
The Climate Data Records (CDRs) of Essential Climate Variables (ECVs) that are based on satellite observations need to be precisely described. In particular, when these products are delivered to end-users, the error characteristics information and how this information is obtained (e.g., through a validation process) need to be documented. Such validation information is intended to help end-users understanding to what extent the product is suitable for their specific applications.
Impact Measurements Tools
OIKO offers on-demand risk analytics to support our clients’ investment strategies and climate risk disclosures, and data products with our climate risk scores for listed instruments.
Climate Credit Analytics translates climate scenarios into drivers of financial performance tailored to each final user, such as production volumes, costs, and capex spending. These drivers are then used to forecast complete company financial statements under various climate scenarios. This will enable users to have comprehensive and consistent sector-specific modelling, including key high carbon-emitting sectors.