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Climate X and Fathom Elevate Climate Resilience Standards
Climate X has announced a strategic partnership with Fathom to enhance global climate resilience modeling. The collaboration aims to integrate Fathom's Global Flood model with Climate X's Spectra and Adapt platforms, creating a robust climate model stack. This initiative combines water, wind, fire, and earth peril data with adaptation intelligence. It enables quicker, data-driven decisions for users by providing actionable insights at asset and corporate levels.
Naturally occurring floods have significantly impacted global economies, with annual losses exceeding $100 billion between 2018 and 2023. Climate X's models address 12 distinct physical climate hazards and translate complex risk data into valuable operational, capital, and revenue insights. Users can proactively manage risks and develop adaptation strategies through this enhanced intelligence.
The integration allows for detailed financial loss estimation, offering a comprehensive understanding of both current and future climate risks. Fathom's flood risk models will be accessible to new and existing clients from early 2026, demonstrating the partnership's commitment to advancing climate risk understanding.
R. H.
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