New Massive Open Online Course launched by OASIS Loss Modelling Framework

In The News 18 Sep 2017

OASIS Loss Modelling Framework (LMF) has launched a Massive Open Online Course (MOOC), providing an accessible introduction to catastrophe modelling for a wider audience.

Supported by Climate-KIC’s Climate Risk Information Flagship Programme, and the UK Natural Environment Research Council (NERC), this course gives learners the opportunity to understand how catastrophe models can be used in natural catastrophe risk management, including extreme weather events and an increasingly hostile climate.

The course is freely available online to anyone interested in learning about catastrophe modelling. The course’s four modules provide insight into hazards, vulnerability and financial consequences, and teaches the participants how the OASIS tools are used for catastrophe modelling.

Used for over 30 years by insurance and re-insurance providers across the world, catastrophe models have evolved rapidly over the past years.  The need for catastrophe modelling across sectors has become more evident, with the potential to benefit not only the insurance sector, but also businesses, academics and governments across the world anticipating the risks related to the increasing volume and intensity of natural disasters.

Catastrophe modelling can benefit the wider society by increasing the understanding of catastrophe risks and providing essential information about the risks of economic losses from catastrophic events.

Malte Schneider, Director of Decision Metrics and Finance at Climate-KIC said, “By opening up catastrophe risk modelling to a wide audience, this MOOC is part of a broad effort to enhance the ability of communities to understand risk and protect themselves against severe climate-related and other natural hazards.”

Dickie Whitaker, CEO of OASIS LMF said, “The MOOC will be useful for anyone; academics, regulators, corporations and governments wanting a better understanding of the risk profile of natural catastrophes.”

In-depth papers, videos, quizzes and downloadable learning materials make learning easy and enable participants to go through the course in their own pace.

Take the course and find out more about why catastrophe modelling is key to risk management and climate resilience.

 
Location
Related Focus Area
Decision Metrics & Finance

Share this article

Related Articles

Three start-ups win Circular Economy ClimAccelerator in Bengaluru EIT Climate-KIC supported start-up Naked Energy powers the UK’s largest solar heat installation Farming for the future: Meet 3 start-up alumni fusing innovation with agriculture
Back to all Articles

Share this article

Articles you may be interested in
In The News
For cities to become climate-resilient, they need to invest in capability buil...

As cities grapple with transforming and adapting to meet...

For cities to become climate-resilient, they need to invest in capability building
In The News
EIT Climate-KIC signs declaration ‘EU Green Deal: from local to global’

All around the globe, cities and regions are driving...

EIT Climate-KIC signs declaration ‘EU Green Deal: from local to global’
In The News
EIT Climate-KIC organises first Festival of Circular Economy and Bioeconomy in...

Running from November 28 to December 2, the activities...

EIT Climate-KIC organises first Festival of Circular Economy and Bioeconomy in Santander
In The News
What does climate action look like for the Culture and Creative Sector Industr...

The Culture and Creative Sector Industries (CCSI) can play...

What does climate action look like for the Culture and Creative Sector Industries?
In The News
Collaboration and knowledge sharing is key to unlocking capital for climate ne...

In order to reach net zero by 2030, or...

Collaboration and knowledge sharing is key to unlocking capital for climate neutrality
In The News
Gipuzkoa shapes the green future with local actors

Gipuzkoa is taking action towards sustainability through collaboration with...

Gipuzkoa shapes the green future with local actors
In The News
How can we enable African climate innovation to thrive?  

Much of the discussion around COP27 this year has...

How can we enable African climate innovation to thrive?  
In The News
EIT Climate-KIC and partners publish recommendations to include systemic lands...

The European Green Deal represents a unique opportunity for...

EIT Climate-KIC and partners publish recommendations to include systemic landscape thinking into EU policies to achieve the Green Deal
In The News
The challenges of building a resilient farmers’ community in Africa

Audrey S-Darko is a researcher and a farmer from...

The challenges of building a resilient farmers’ community in Africa
In The News
EIT Climate-KIC joins business and civil society to call on governments to uph...

As the official COP27 outcomes are being drafted this...

EIT Climate-KIC joins business and civil society to call on governments to uphold commitments to 1.5
In The News
Climate innovation: “The purpose is people, everything else is just the mean...

Massamba Thioye is leading the UN climate change Global...

Climate innovation: “The purpose is people, everything else is just the means”
In The News
Become a European Climate Leader

The Climate-KIC International Foundation is looking for a Supervisory...

Become a European Climate Leader
In The News
EIT Climate-KIC launches open-access database to map start-up ecosystem, now w...

Climate start-ups supported by EIT Climate-KIC are now worth...

EIT Climate-KIC launches open-access database to map start-up ecosystem, now worth €11.8 billion in combined enterprise value
In The News
Slovenia higher education reform aims to create a supportive environment for s...

Slovenia’s ministry of higher education is gearing up for...

Slovenia higher education reform aims to create a supportive environment for students and teachers
In The News
Co-designing the future of coal regions

EIT Climate-KIC launches the Post Coal Future Lab initiative...

Co-designing the future of coal regions
In The News
Bringing in business is key to achieving systems transformation on the climate...

“What does it mean to enable businesses to deal...

Bringing in business is key to achieving systems transformation on the climate crisis
In The News
What will it take to build the New European Bauhaus?

“Beautiful, Sustainable, Together”. These are the values – and...

What will it take to build the New European Bauhaus?
In The News
EIT Climate-KIC selects five partners in Global South to implement gender main...

The intersection of climate and innovation remains a male-dominated...

EIT Climate-KIC selects five partners in Global South to implement gender mainstreaming into entrepreneurship
In The News
Citizens inspire a car-free Leuven

A broad survey, possible solutions displayed on screens, inspirational...

Citizens inspire a car-free Leuven
In The News
EIT Climate-KIC accelerates climate tech solutions for a net-zero Africa 

Climate-focused start-up teams in developing countries face distinct challenges...

EIT Climate-KIC accelerates climate tech solutions for a net-zero Africa 
In The News
New European Bauhaus Hackathons will reward most innovative solutions

EIT Community New European Bauhaus partners will be hosting...

New European Bauhaus Hackathons will reward most innovative solutions
In The News
Slovenia takes a pivotal turn towards circularity

Slovenia has decided to actively combat climate change by...

Slovenia takes a pivotal turn towards circularity
In The News
Innovative climate projects part of EIT Community New European Bauhaus initiat...

The European Institute of Innovation and Technology (EIT) has...

Innovative climate projects part of EIT Community New European Bauhaus initiative
In The News
A new air and climate plan for Milan

The City Council of Milan approved the Air and...

A new air and climate plan for Milan
In The News
Meet the three EIT Climate-KIC innovators nominated for EIT Awards

Three innovators from EIT Climate-KIC’s community have been nominated...

Meet the three EIT Climate-KIC innovators nominated for EIT Awards
In The News
100 European cities take up the challenge to become carbon neutral by 2030

On Monday 13 June, the representatives of the 100...

100 European cities take up the challenge to become carbon neutral by 2030
In The News
The role of cities and regions in transforming wood value chains

Climate smart forest economies It’s a crucial decade for...

The role of cities and regions in transforming wood value chains
In The News
Glasgow City Region pioneering forest economy innovation to drive climate acti...

Scotland’s largest city region is actively tackling climate change...

Glasgow City Region pioneering forest economy innovation to drive climate action
In The News
Forging sustainable timber construction in Europe

EIT Climate-KIC and Built by Nature, announce an initiative...

Forging sustainable timber construction in Europe
In The News
EIT Climate-KIC launches new Circularity Thinking training programme

EIT Climate-KIC is launching Circularity Thinking courses to tackle...

EIT Climate-KIC launches new Circularity Thinking training programme