Welcome to our news desk
You can find here our collection of blogs, media releases, and our public data releases.
As the experts in physical risk, we’re here to share our latest insights and analysis in the rapidly evolving world of climate physical risk.
XDI named a global leader in physical climate risk analysis by Forrester and Verdantix
Media releases
XDI named a global leader in physical climate risk analysis by Forrester and Verdantix
XDI (Cross Dependency Initiative), a global provider of physical climate risk data and analysis, has been named market leader in two of the world’s most prestigious independent evaluations of climate risk analytics — the Forrester Wave™: Climate Risk Analytics Software and Verdantix’s Smart Innovators: Physical Climate Risk Solutions.
Is disclosure replacing action on climate risk?
Blog posts
Is disclosure replacing action on climate risk?
There is a quiet shift happening in climate risk analysis. For years, the focus was on getting organisations to recognise that physical climate risk exists. That battle has largely been won. Today, banks, insurers, asset managers and governments - even home buyers - all acknowledge that climate risk matters. But a new problem appears to be emerging: disclosure is replacing understanding and action.
Climate hazards projected to cause up to $744 billion in property damage by 2100: The Australian Government Productivity Commission Inquiry Report
In the news
Climate hazards projected to cause up to $744 billion in property damage by 2100: The Australian Government Productivity Commission Inquiry Report
The Australian Government Productivity Commission has released a new inquiry report – “Investing in cheaper, cleaner energy and the net zero transformation”. XDI’s analysis was used to model the potential reduction in extreme-weather related damage to housing assets from greater resilience measures. Climate hazards are projected to cause up to $744 billion in property damage by 2100. However, adapting existing properties to be more resilient and implementing improved land planning measures can reduce these damages by up to $240 billion.
LA Fires Case Study
Data releases
LA Fires Case Study
By the end of January 2025, wildfires in Los Angeles had destroyed or damaged over 18,000 structures, claimed at least 29 lives and forced approximately 200,000 residents to evacuate. Alarmingly, fewer than a quarter of damaged properties were insured against fire. The event is the costliest wildfire in U.S. history, impacting the insurance industry globally. In this case study XDI focused on comparing the results of its modelling with the real areas affected by the 2025 LA fires, and future forest fire risk in LA County and California more broadly under a high emissions scenario (RCP 8.5/SSP 5-8.5) in five-year intervals from 1990 until 2100.
Going to COP30? Come see a preview of ResilienceArc - A world-first breakthrough in corporate transparency for climate risk and adaptation
Media releases
Going to COP30? Come see a preview of ResilienceArc - A world-first breakthrough in corporate transparency for climate risk and adaptation
Together with partners Climate Arc and Earth Capital Nexus at the London School of Economics (LSE), we’re providing a preview of ResilienceArc - a ground-breaking platform that helps investors see which companies are truly ready for a changing climate.
XDI unveils next-generation Climate Risk Hub: Where flexibility meets power
Media releases
XDI unveils next-generation Climate Risk Hub: Where flexibility meets power
XDI today announced a next-generation upgrade to the XDI Climate Risk Hub, the platform trusted by governments, investors and companies around the world to turn complex climate data into decisions that matter.
Flooded Future: Europe's Rising Economic Risk
Data releases
Flooded Future: Europe's Rising Economic Risk
Europe’s financial and industrial engines are facing escalating risk of damage due to climate change extreme weather, with the risk of flood damage to property and infrastructure already estimated to be 30% worse due to climate and projected to double by 2100 under a high-emissions scenario, according to XDI's new benchmarking report.
Europe’s economic hubs drowning in risk: XDI warns flood damage risk rising in Milan, Paris, Frankfurt and beyond
Media releases
Europe’s economic hubs drowning in risk: XDI warns flood damage risk rising in Milan, Paris, Frankfurt and beyond
A new XDI benchmark report reveals systemic EU flood damage risk with ranking of every EU state and province. The analysis, Flooded Future: Europe’s Rising Economic Risk, ranks every EU country, state and province by modelled risk of flood damage to the built environment from riverine and surface water flooding. It highlights that many of the highest-risk areas are also Europe’s economic and supply chain hubs: Milan, Paris, Frankfurt, Warsaw, Rotterdam, Antwerp and Barcelona among them.
XDI identifies international airport infrastructure at increasing risk from climate extremes
Media releases
XDI identifies international airport infrastructure at increasing risk from climate extremes
A major international airline has partnered with leading global physical climate risk analytics firm XDI (Cross Dependency Initiative) to assess the escalating threat that climate change extreme weather poses to airport infrastructure and operations worldwide. The findings underscore the need for climate resilience planning across global air transport systems.
New XDI Benchmark Report warns of escalating forest fire damage risk across Europe
Media releases
New XDI Benchmark Report warns of escalating forest fire damage risk across Europe
XDI is today releasing a short report sharing key takeaways from its comprehensive analysis of forest fire damage risk to every single state and province in Europe from 1990 to 2100.
The report pinpoints where Europe’s infrastructure is most vulnerable to damage from fire now and in the decades ahead, providing a clear picture of where investment in resilience will be most urgent.
2025 European Forest Fire Risk - How bad can it get? An analysis of risk of damage to infrastructure from Forest Fire
Data releases
2025 European Forest Fire Risk - How bad can it get? An analysis of risk of damage to infrastructure from Forest Fire
Forest fires are raging across parts of Europe including Spain, Portugal, Greece, Türkiye and the Balkans, fuelled by extreme heat, wind, and drought. Fires like these have burnt through more than 409,000 hectares in the EU so far this year - almost double the average recorded over the last 19 years. How much worse can it get? According to XDI’s analysis, a lot. XDI has analysed forest fire risk to every state and province in Europe, from 1990 to 2100. Read some of the highlights in our short report.
2025 Global Data Centre Physical Climate Risk and Adaptation Report
Data releases
2025 Global Data Centre Physical Climate Risk and Adaptation Report
This report provides the most comprehensive picture yet of how climate hazards threaten the critical infrastructure that powers our digital economy. As demand for data centre capacity accelerates, understanding these risks is essential for building resilience into the backbone of modern life.
Global data centres face rising climate risks, XDI report warns Landmark analysis of nearly 9000 sites reveals escalating threat to digital infrastructure
Media releases
Global data centres face rising climate risks, XDI report warns Landmark analysis of nearly 9000 sites reveals escalating threat to digital infrastructure
Datacentres—the critical infrastructure powering banking systems, cloud storage, emergency services, communications and logistics—are facing sharply rising risks from climate change-driven extreme weather, according to a major new report released today by XDI (Cross Dependency Initiative).
Green Central Banking: Australia and NZ face home insurance crisis due to climate, experts warn
In the news
Green Central Banking: Australia and NZ face home insurance crisis due to climate, experts warn
Insurance costs are soaring for home owners in Australia and New Zealand as climate change leads to floods, fires and storms, pushing up inflation and threatening financial stability, experts say.
“As premiums rise and coverage is withdrawn from high-risk areas, we can expect to see impacts on asset prices and the prosperity of communities,” said Philip Tapsall, head of corporate and finance sector engagement at climate risk experts XDI. “Without stronger action to reduce emissions and build resilience, we could see this have implications for financial stability.”
The Elephant In The Room Property Podcast: How Will Climate Risk Impact Your Property’s Future Value?
In the news
The Elephant In The Room Property Podcast: How Will Climate Risk Impact Your Property’s Future Value?
Tune in to this episode of The Elephant In The Room Property Podcast to hear XDI’s Philip Tapsall discuss climate impacts on property value, insurability and safeguarding investments.
ESG News: HKMA, XDI Launches Climate Risk Hub for On-Demand Physical Climate Risk Analysis
In the news
ESG News: HKMA, XDI Launches Climate Risk Hub for On-Demand Physical Climate Risk Analysis
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.
Measuring Corporate Resilience Whitepaper 2025
Data releases
Measuring Corporate Resilience Whitepaper 2025
This white-paper proposes a breakthrough approach to adaptation reporting: the P-FIVE framework. The P-FIVE model focuses on what matters most — the performance outcomes of adaptation measures — enabling machine-readable, scalable reporting that can help companies demonstrate resilience and allows stakeholders to accurately assess and compare physical climate risk.
XDI named a global leader in physical climate risk analysis by Forrester and Verdantix
Media releases
XDI named a global leader in physical climate risk analysis by Forrester and Verdantix
XDI (Cross Dependency Initiative), a global provider of physical climate risk data and analysis, has been named market leader in two of the world’s most prestigious independent evaluations of climate risk analytics — the Forrester Wave™: Climate Risk Analytics Software and Verdantix’s Smart Innovators: Physical Climate Risk Solutions.
Tropical Cyclone Alfred could drive up insurance premiums in southern Queensland, experts warn
Media releases
Tropical Cyclone Alfred could drive up insurance premiums in southern Queensland, experts warn
As Tropical Cyclone Alfred approaches landfall in southern Queensland, physical climate risk analysis company Climate Valuation (part of the Climate Risk Group) is raising concerns that homeowners in affected areas may face more costs than just repairing damage to property from flood, wind and coastal inundation. Insurance premiums could rise as well.
XDI Launches Powerful New Climate Risk Screening Tool for Large Sites
Media releases
XDI Launches Powerful New Climate Risk Screening Tool for Large Sites
Looking for a rapid due diligence tool to instantly assess physical climate risk across a large site? Introducing the new Large Site Screen Tool in the XDI Climate Risk Hub.
Green Central Banking: Why climate stress tests must support investment and the role regulators can play
In the news
Green Central Banking: Why climate stress tests must support investment and the role regulators can play
Offloading climate risk can have unintended consequences for smaller banks and communities but effective regulation can avert those problems, says Philip Tapsall of XDI.
Climate-proofing your next home and Virginia Trioli serves a bit on the side
In the news
Climate-proofing your next home and Virginia Trioli serves a bit on the side
With climate change posed to wreak greater havoc in the decades to come, Australians are being urged to think before they buy (or rent). But how can prospective homebuyers and renters access information about flood, fire and erosion risks for prospective properties?
XDI Launches XDI Climate Risk Hub: A New Platform for On-Demand Physical Climate Risk Analysis
Media releases
XDI Launches XDI Climate Risk Hub: A New Platform for On-Demand Physical Climate Risk Analysis
XDI is today launching the XDI Climate Risk Hub from New York Climate Week, an innovative platform that provides on-demand, physical climate risk analysis for financial institutions, companies, and governments worldwide.
International Climate Technology Leaders, XDI and Vyzrd, in an Industry Defining Partnership
Media releases
International Climate Technology Leaders, XDI and Vyzrd, in an Industry Defining Partnership
XDI (Cross Dependency Initiative) and Vyzrd have partnered to combine XDI’s industry leading physical risk data with Vyzrd’s integrated climate risk platform to provide a powerful solution to measure, manage and mitigate both physical and transition climate risks at an asset, company or portfolio level.
ABC 730 report: Experts say updated flood zone modelling could leave some homes ‘uninsurable'
In the news
ABC 730 report: Experts say updated flood zone modelling could leave some homes ‘uninsurable'
"Nine hundred property owners in one inner-city suburb have just been told they live in a flood zone, news that is expected to have big implications for property prices and insurance premiums."
South China Morning Post: China’s extreme weather raises alarm about the country’s disaster insurance gaps
In the news
South China Morning Post: China’s extreme weather raises alarm about the country’s disaster insurance gaps
"Extreme weather triggered is setting off alarm bells in China’s insurance sector, the world’s second largest, which urgently needs more financial tools to mitigate risks from the economic damage wreaked by the growing incidents of droughts, floods and landslides across the country."
Realty +: Australia & New Zealand Property Markets Face Climate Risk
Realty +: Australia & New Zealand Property Markets Face Climate Risk
"Policymakers, researchers and property experts warn climate change is a risk that home buyers in Australia and New Zealand have not priced in as they pursue lifestyles near the water or bushland or seek simply to get onto the property ladder."
Bangkok Post: Asia-Pacific real estate assets at high risk from climate change
In the news
Bangkok Post: Asia-Pacific real estate assets at high risk from climate change
"SINGAPORE - Nearly one in ten properties owned by leading real estate investment trusts (REITs) in the Asia-Pacific region may be at "high risk" of damage from climate change, particularly in coastal regions, a report published on Wednesday showed."
Reuters: Asia-Pacific real estate assets at 'high risk' from climate change, consultancy says
In the news
Reuters: Asia-Pacific real estate assets at 'high risk' from climate change, consultancy says
"Nearly one in ten properties owned by leading real estate investment trusts (REITs) in the Asia-Pacific region may be at "high risk" of damage from climate change, particularly in coastal regions, a report published on Wednesday showed."
The Business Times: Nearly one in 10 Apac Reit assets at high risk from climate change: report
In the news
The Business Times: Nearly one in 10 Apac Reit assets at high risk from climate change: report
"Coastal inundation and flooding will drive hazards across Apac region from now until the end of the century, it says."
Wired: Banks Are Finally Realizing What Climate Change Will Do to Housing
In the news
Wired: Banks Are Finally Realizing What Climate Change Will Do to Housing
"Extreme weather threatens the investment value of many properties, but financing for climate mitigation efforts are only just getting going."
MoneyFM Singapore interview with Philip Tapsall - Bigger Picture: Nearly one in 10 Apac Reits assets at high risk from climate change
In the news
MoneyFM Singapore interview with Philip Tapsall - Bigger Picture: Nearly one in 10 Apac Reits assets at high risk from climate change
Bigger Picture: Nearly one in 10 Apac Reits assets at high risk from climate change
XDI partners with Climate Arc and University of Oxford on physical risk and adaptation
Media releases
XDI partners with Climate Arc and University of Oxford on physical risk and adaptation
We’re thrilled to be collaborating with the Environmental Change Institute, University of Oxford, to expand Climate Arc’s suite of offerings into the physical risk and adaptation space.
XDI delivers Physical Risk Assessment Platform to banks in Hong Kong
Media releases
XDI delivers Physical Risk Assessment Platform to banks in Hong Kong
Authorized Institutions (AIs) in the Hong Kong Special Administrative Region (HK SAR) can now access instant, on demand physical climate risk analysis thanks to a new platform launched today.
How risky is your real estate investment? New report exposes APAC REIT vulnerability to climate change extreme weather
Media releases
How risky is your real estate investment? New report exposes APAC REIT vulnerability to climate change extreme weather
Up to 1 in 10 properties owned by APAC real estate investment trusts (REITs) could be at high risk of damage from extreme weather and climate change by 2050, according to the 2024 XDI APAC Real Estate Investment Trust (REIT) Physical Climate Risk Report, released today by XDI (Cross Dependency Initiative) - a global leader in physical climate risk analysis.
2024 XDI Asia-Pacific Real Estate Investment Trust Physical Climate Risk Report
Data releases
2024 XDI Asia-Pacific Real Estate Investment Trust Physical Climate Risk Report
The 2024 XDI APAC REIT Physical Climate Risk Report analyses 2,134 assets held by the 20 largest (by market capitalisation) REITs in Japan, Australia, Singapore and Hong Kong to provide a snapshot of climate change risks to global real estate investments. It also ranks these 20 REITs - who have a combined market capitalisation value of more than US$142 billion - according to their physical climate risk.
Why now is the time to embrace adaptation (and how you can get started)
Blog posts
Why now is the time to embrace adaptation (and how you can get started)
Prioritising climate adaptation is not just an environmental imperative but a strategic economic decision.
2024 XDI Gross Domestic Climate Risk Report
Data releases
2024 XDI Gross Domestic Climate Risk Report
The XDI Gross Domestic Climate Risk dataset is a direct response to demand from investors for data on sub-sovereign and regional risk. The capability and results provide a new level of detail and sophistication in physical climate risk analysis that can be used to consider the effect of climate change extreme weather on sovereign, sub-sovereign and corporate debt, and builds on growing concern about these issues raised by the global finance sector.
XDI Hurricane and Tropical Cyclone Analysis
Media releases
XDI Hurricane and Tropical Cyclone Analysis
New global analysis by XDI has identified regions around the world vulnerable to significant damage from tropical cyclones and hurricanes, as stronger winds fueled by climate change push further towards the poles into areas previously considered low risk.
Hospitals in the eye of the storm: New report exposes risk of hospital shutdowns from extreme weather
Media releases
Hospitals in the eye of the storm: New report exposes risk of hospital shutdowns from extreme weather
1 in 12 hospitals around the world could face partial or total shutdown from climate change extreme weather events if countries fail to curb fossil fuel emissions, according to a new report released today by XDI (Cross Dependency Analysis) - a global leader in physical climate risk analysis.
2023 XDI Global Hospital Infrastructure Physical Climate Risk Report
Data releases
2023 XDI Global Hospital Infrastructure Physical Climate Risk Report
XDI has analysed over 200,000 hospitals around the world for risk of damage from 6 different climate change hazards from 1990 until the end of the century. The risk arising from two different emissions scenarios (i) RCP 8.5 (around 4.3 ºC) and RCP 2.6 (1.8 ºC or under) was compared. The analysis was published ahead of the inaugural Health Day at the COP28 UN Climate Conference.
Alphabet soup: deciphering physical climate risk disclosure
Blog posts
Alphabet soup: deciphering physical climate risk disclosure
TCFD, ISSB, SEC, EFRAG. For companies navigating their climate risk environment, the initialisations can seem like a bewildering foreign language. What you have to assess, report and disclose, and when, differs depending on your jurisdiction, your size, your industry. So what’s the best approach?
XDI restructures to focus on tech delivery and Asia/Europe expansion
Media releases
XDI restructures to focus on tech delivery and Asia/Europe expansion
CEO Rohan Hamden steps up as Board Director, The Climate Risk Group
Sovereign bond risk: the climate punch
Blog posts
Sovereign bond risk: the climate punch
This week, a triple A-rated federal government was forced to acknowledge the potential risks of climate change on the value of sovereign bonds as it settled a landmark case that alleged it had misled or deceived investors. The Federal Court judge involved said global warming would likely be “a huge drain on (government) resources.”
XDI Gross Domestic Climate Risk
Data releases
XDI Gross Domestic Climate Risk
A global picture of 2,600+ territories in this dataset, coloured to show areas with higher Aggregated Damage Ratio in 2050. XDI’s data aligns with previous studies on global exposure to extreme weather hazards but its focus on the built environment shines new light on risk in areas where extensive residential, industrial or commercial built-up areas coincide with expected escalation of extreme weather due to climate chang
XDI Announces Climate Risk Data on 34 million UK Addresses to Support Mortgage Lenders
Media releases
XDI Announces Climate Risk Data on 34 million UK Addresses to Support Mortgage Lenders
International climate change risk analysts XDI – The Cross Dependency Initiative – today released extreme weather and climate change physical risk statistics for all 34 million commercial and residential addresses in the UK. The report presents physical climate risk statistics including the geographical concentration of high-risk properties and the projected increases in insurance costs for 406 counties and equivalent areas.
XDI releases world-first comparison of every state’s physical climate risk
Media releases
XDI releases world-first comparison of every state’s physical climate risk
The engine rooms of the global economy are among states and provinces most at risk from climate change and extreme weather according to a new ranking of the physical climate risk of every state, province and territory in the world released today by XDI (The Cross Dependency Initiative) – a world leader in physical climate risk analysis.
“Before getting overwhelmed” - the Indian Federal Reserve’s clear eye on climate risk
Blog posts
“Before getting overwhelmed” - the Indian Federal Reserve’s clear eye on climate risk
“India seems to be at the watermark of climate change – rather than single events, it is the increased frequency of extreme weather occurrences that is breaking the back of our capability to cope with natural disasters.” Reserve Bank of India, May 2023.
ABC News: Flooding across eastern Australia prompts property investors to ask ‘pertinent’ questions
In the news
ABC News: Flooding across eastern Australia prompts property investors to ask ‘pertinent’ questions
"What we're finding is that your millennial homebuyers are now climate aware," he said.
Ready or not: Mandatory disclosure is coming to Australia
Media releases
Ready or not: Mandatory disclosure is coming to Australia
Australia is in the process of catching up to New Zealand, Europe and the United States in adopting a mandatory disclosure regime for climate change risk.
The unknown unknowns: The crucial missing piece from both climate and nature disclosure rules
Blog posts
The unknown unknowns: The crucial missing piece from both climate and nature disclosure rules
Dark matter outweighs visible matter roughly six to one. That makes the universe only slightly more mysterious to us than the biodiversity of our own planet – it’s been estimated that we have likely only encountered and named 20 percent of the species on Earth.
The Hub is coming
Blog posts
The Hub is coming
Take control: Expert knowledge in your hands. The XDI Climate Risk Hub provides world-leading physical climate risk analysis at your fingertips, so you can access the information you need, when you need it.
A new era in physical climate risk reporting?
Blog posts
A new era in physical climate risk reporting?
The much anticipated release last week of the final climate-related disclosure standard from the International Sustainability Standards Board (ISSB) marks the beginning of a new chapter in corporate disclosure of climate change risk.
Uninsurable future?
Blog posts
Uninsurable future?
“We’re steadily marching toward an uninsurable future, not just in California but throughout the United States,” former California insurance commissioner, to Vox, June 2023.
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XDI Gross Domestic Climate Risk
REGIONS IN FOCUS
Asia Overview
Ranking of physical climate risk to the built environment in 2600+ territories in the world.
Asia dominates the list of provinces at risk by Aggregated Damage Ratio, with more than half (114) of the top 200 in 2050 in this region.
- More than a quarter (53) of these are in East Asia: 29 in China, 20 in Japan and 4 in South Korea.
- 36 of the top 200 are in South East Asia, notably Vietnam and Indonesia.
- South Asia has 24 of the top 200. After China, India has the highest number of states in the top 50 (9), with Punjab, Bihar, Uttar Pradesh and Assam ranking highest. Pakistan also has multiple provinces in the top 100, including Sindh province. Devastating flooding between June and August 2022 affected 30 per cent of the area of Pakistan and has partially or fully damaged more than 900,000 houses in Sindh province.
- East Asia and South East Asia see the greatest increase in Average Damage between 1990 and 2050, and China in particular has many provinces with the greatest overall Aggregated Damage Ratio. This increase and overall risk to the built environment in 2050 is driven predominately by sea level rise and secondarily by flooding risk” in the Asia section should read “by flooding and coastal inundation.
- The analysis highlights the vulnerability of major cities in East Asia and South East Asia including Jakarta, Beijing, Hồ Chí Minh City and Taiwan.
