CICERO - Center for International Climate Research
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ClimINVEST presentation series: Physical climate change for finance

This presentation series aimed at providing guidance for the financial sector dives into climate hazards and case studies on physical climate risk.

High snow levels indicate weak power prices in the Nordics this summer

Electricity prices in the Nordic countries are likely to be unusually low this summer amid high inflows to hydropower plants, caused by a combination of a very snow-rich winter and late snowmelt.

Global fossil CO2 emissions dropped by 17% amid coronavirus lockdowns

Daily global fossil CO2 emissions fell by 17% in early April 2020 compared to 2019 amid coronavirus lockdowns in most countries, with full-year 2020 emissions set to decrease by up to 7% depending on future social distancing.

Seasonal forecasts: Useful information, for what?

Although scientists have spent a considerable amount of time making long-term forecasts more reliable, they are little used by business. Close collaboration with the electricity sector has given us an opportunity to understand why, writes CICERO researcher and economist Asbjørn Aaheim.