HKMA, XDI Launches Climate Risk Hub for On-Demand Physical Climate Risk Analysis
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- Global Accessibility: The XDI Climate Risk Hub enables real-time climate risk assessments for assets worldwide using a single auditable methodology.
- Broad Applications: Supports financial institutions, companies, and governments in due diligence, operational risk, and climate adaptation planning.
- Regulator-Tested Tech: Built on technology piloted by Hong Kong Monetary Authority (HKMA) and expanded globally for all sectors.
XDI (Cross Dependency Initiative) unveiled the XDI Climate Risk Hub at New York Climate Week, introducing a comprehensive platform for on-demand climate risk analysis across industries and geographies.
“This platform enables real-time assessments of assets worldwide under a single, auditable methodology,” said Dr. Karl Mallon, Co-Founder and Head of Science and Technology at XDI. “It meets the growing demand for accurate, comparable climate risk data to support decision-making.”
Proven Technology:
Initially launched in partnership with the Hong Kong Monetary Authority (HKMA), the HKMA Physical Risk Assessment Platform offers all Hong Kong banks free access to secure, instant climate risk assessments—the first initiative of its kind in the international banking sector.
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The global release of the XDI Climate Risk Hub broadens this capability to serve clients in all sectors, enabling organizations to:
- Screen single assets or large portfolios.
- Perform in-depth due diligence and infrastructure risk assessments.
- Identify high-risk subsets of assets and support compliance with climate-related disclosure obligations.
Platform Features:
The XDI Climate Risk Hub offers:
- Climate risk ratings across three bands.
- Financial risk metrics for 11 climate hazards and four climate scenarios.
- Analysis through to 2100 in five-year increments.
- High-resolution spatial data (up to 5m x 5m).
These features help institutions assess counterparty risk, plan climate adaptation strategies, and improve operational resilience.
“We’re committed to helping decision-makers move from risk to resilience,” Mallon added.
XDI plans to expand adaptation-focused tools throughout the year to further support banks, companies, and governments in building climate-resilient futures.
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