Climate Information Needs for Financial Decision Making

Financial decision making would benefit, in particular, from improved projections of precipitation (amount, timing, and intensity) and extreme events (e.g., hurricanes, tornados, heat waves, droughts, floods, and other severe storms). Furthermore, increasing the spatial and temporal resolution of climate projections (including for temperature) would provide decision makers with information at the scale most relevant to their financial projects. Finally, improved integrated assessment (i.e., exploration of the physical, natural, and social dimensions) is necessary for understanding the potential societal consequences of climate variability and change and how those societal consequences could impact financial decisions.