FAIR Climate Risk Data for Businesses - fork
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Applied sciences
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European Commission
doi: 00k4n6c32
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Anne Fouilloux
affiliation: Simula Research Laboratory
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orcid: 0000-0002-1784-2920

Barbara Magagna
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FAIR to Adapt to Climate Change
title: FAIR to Adapt to Climate Change
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FAIR Climate Risk Data for Businesses - barbara
forked at time: 2025-06-12 06:29:25.595371+00:00
about: Applied sciences
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contributor: Anne Fouilloux
contributor: Barbara Magagna
creator: Anne Fouilloux
date created: 2025-03-08 16:08:42.827750+00:00
date modified: 2025-10-16 11:32:54.865261+00:00
date published: 2025-03-08 16:08:42.827750+00:00
description: # Improving data availability for climate risk assessments under the EU taxonomy for sustainable activities ## Vision & Ambitions In this case study, we want to: 1) Provide insights into data used and needed by businesses and consultants to perform climate risk assessments for reporting under the EU taxonomy for sustainable activities; 2) Collect local climate hazard data that is being used in such analyses; 3) improve accessibility to key datasets for climate risk analyses under the EU taxonomy. ## Description Climate risk analyses under the EU taxonomy for sustainable activities (Pan-European) More and more companies in the EU are required to report on how their economic activities are contributing to the six environmental objectives of the EU taxonomy for sustainable activities. In this context, the Commission Delegated Regulation (EU) 2021/2178 requires companies to perform climate risk assessment for two possible purposes: to show that an economic activity is contributing to climate change adaptation (environmental objective #2) or to check whether an activity that contributes to another objective will do so even under a changing climate (do-no-significant-harm check). The regulation has detailed requirements that a climate risk analysis needs to fulfil, e.g. climate projections at the smallest appropriate scale and at least 28 different climate hazards need to be considered. Experience shows that business as well as consultants are struggling with the very demanding requirements and the very parcelled climate hazard data landscape. While there is a lot of data available on the 28 climate-related hazards that businesses need to analyse, data is not tagged / structured in a way that users can easily find it. Many businesses have operations across different EU countries which makes it even more challenging to conduct a harmonised assessment for all relevant locations and at the most appropriate local scale. Furthermore, many businesses will be required to prepare…
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funding: FAIR to Adapt to Climate Change
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name: FAIR Climate Risk Data for Businesses - fork
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cite-as: Bartsch, Julia, Anne Fouilloux, and Barbara Magagna. "FAIR Climate Risk Data for Businesses - barbara." ROHub. Mar 08 ,2025. https://w3id.org/ro-id/05729783-a960-4fbd-b1f6-f83fb23eb44c.

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description: The FAIR2Adapt community is dedicated to advancing climate change adaptation in Europe by promoting FAIR and open data sharing to enhance the accessibility, interoperability, and usability of environmental and socio-economic data in support of climate change adaptation efforts.
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name: By accompanying two businesses in preparing climate risk assessments as part of their EU taxonomy reporting, will provide an overview on the sources that are being used for the assessments, from local to national to European sources.
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