Date: Tuesday 14 June 2022, 3pm BST (UK time)

The European Extreme Events Climate Index (E3CI) is an innovative operational service for the assessment and management of weather-induced risks, developed by the International Big Data and Artificial Intelligence for Human Development Foundation (iFAB) in collaboration with Leithà, the Unipol Group’s competence centre for Computer Science and Data Science, and the Euro-Mediterranean Centre for Climate Change (CMCC). The index provides information on the areas affected by different types of weather-induced hazards and the severity of such events. Through a synthetic presentation of complex data (extreme temperatures, droughts, extreme precipitation, extreme wind), the E3CI provides an objective indicator of the frequency of extreme weather events, with the potential to change the way financial and insurance markets operate.