OS-Climate - Open Source To Tackle Climate Change
Written by Nikos Vaggalis   
Thursday, 18 August 2022

OS-Climate is a Linux Foundation-backed project working to develop open source data and tools to help to meet the Paris Accord climate goals of limiting warming to well below 2 °C, with an aspiration of 1.5 °C.

Prudent risk management requires consideration of bad-to-worst-case scenarios. Yet, for climate change, such potential futures are poorly understood. Could anthropogenic climate change result in worldwide societal collapse or even eventual human extinction?

At present, this is a dangerously underexplored topic. Yet there are ample reasons to suspect that climate change could result in a global catastrophe. Analyzing the mechanisms for these extreme consequences could help galvanize action, improve resilience, and inform policy, including emergency responses.

Taken from the research paper "Climate Endgame: Exploring catastrophic climate change scenarios"

To that end, 1.5 °C might not sound a lot, but in essence it would make a big difference. Open sourcing tools and making them available to scientists at large as a contribution to putting as many brains possible behind it, is one way of going about it. As a step in the right direction, the Linux Foundation in collaboration with BNP Paribas, Allianz, Airbus, Amazon, Red Hat and Ortec Finance has released three tools, not just for scientists but also for financial institutions, corporations, NGOs, regulators and academics, in order to help them reach climate-aligned financial decisions. Let's not forget that there's a +$5 trillion annual climate-aligned investment required to meet the goals of the Paris Agreement.

Three separate tools, the Physical Risk & Resilience Tool, the Climate Portfolio Alignment Tool, and the Transitional Analysis Tool, comprise the OS-Climate toolkit: 

  • The Physical Risk & Resilience Tool was developed by BNP Paribas and enables financial and non-financial stakeholders to identify and quantify risk related to climate resilience through asset vulnerability models that use probability and severity forecasting of extreme climate events.
  • The Climate Portfolio Alignment Tool was developed by Allianz in cooperation with Ortec Finance with a focus on helping financial stakeholders to align portfolios at individual holdings and loan levels with the Paris Accord target temperature increase of 1.5 degrees Celsius.
  • Finally, the Transitional Analysis Tool was developed by Airbus and aims to will enable corporations to model, test and conduct scenario analysis for strategic climate-aligned decisions. 

The project's Community Hub on GitHub contains all the necessary info for getting started.

 

More Information

OS-Climate

Community Hub

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Last Updated ( Friday, 19 August 2022 )