My research outputs include a high-resolution and high-dimensional map of space-time correlations of different climate variables anywhere on Earth and forecasts of climate events such as floods, droughts, and fires, from days to years in advance. Furthermore, my research in these three areas will address the concerns of the following institutions, among many others.

• Insurance Companies—Will the storms tank the insurance industry? How can we serve the coastal states without going bankrupt? How can we design crop insurance to protect farmers? How can we make money with these many extreme events? Can we pay-out all the claims? Will there be reinsurance companies willing to sell insurance?
• Reinsurance Companies (ex. Swiss Re, Munich Re)—Can the insurance companies sustain the claims they are facing?
• Real Estate Market—Will there be insurance companies willing to sell insurance?
• Homeowners—How can I recoup my investments on my house along the beach? How will my neighborhood look like with rising sea levels and more intense storms? Should we reinforce our properties to withstand extreme climate events or retreat to a much safer location?
• Lawmakers—How can we convince the insurance companies to keep doing business in high-risk areas? Who should bear the cost of climate change? What do we owe the people living in high-risk areas? What are the appropriate incentives and policies to reduce emissions?
• Florida—Will our economy, which is heavily dependent on real estate along the coast, tourism, and construction, survive when insurance companies are fleeing out of the state?
• Local Governments—Should we restrict purchasing or building properties in high-risk areas?
• Corporations— How can we add climate risk into our balance sheet and asset purchases? How do we compute expected losses? How do we hedge against climate risks? Where do we place new assets, such as factories, and what do we do with existing assets in once-safe areas now threatened by extreme climate events? How exposed is my supply chain?
• Investors—How do we value fixed income assets affected by climate risks?
• Finance Industry—How will climate risks affect the stability of the financial system? What types of climate-related financial shocks can we expect? How can we build financial products and services that integrate climate risk into new or existing instruments?
• Central Banks—How climate change could affect macroeconomic forecasting, systemic risks, and monetary policymaking?
• Farmers—How can we prepare for climate change impacts on our livelihood? Is there a climate-resilient way to produce food? Will there be an increase in the crop insurance premiums?
• Climate Scientists—How will precipitation change in the future? How high sea levels could rise?
• Non-profit Organizations (ex. Carbon Tracker)—How can we convince the finance industry that carbon plants are not profitable?