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Reduce risks from climate change

 

​Climate change - prepare for the risks and rewards

It's time to look at how climate change will impact your business and how you can mitigate and adapt to changing conditions, while seizing opportunities along the way.

To ensure the future smooth running of your business the first thing you need is scenario planning. How is the weather changing in your area? In the short term and the long term, including temperature, rainfall and winds, as well as extreme weather, such as super storms, cold spells and heat waves, flooding or extended droughts. How will these changes affect you? What about your customers and your suppliers? How climate sensitive is your sector?

How VTT can help you manage climate threats?

VTT has solutions to help you identify and manage emerging climate threats and weigh them up against potential new business opportunities. In long-term investing, it is vital to take into account both the risks and rewards.

Our services include:

  • risk index for various transportation routes, assessing their vulnerability against extreme weather
  • solutions to ensure climate-proof supply chains, and network operations.
  • using Big Data and spatial information to assess the spatial climate risks of roads and railways
  • methods and tools for risk analysis of long-term weather changes across different parts of a country
  • adaptation planning based on direct cost assessments
  • taking into account the overall economic, environmental and social performance or your business

 

 

​​Interested?

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​Conference papers

Räikkönen, M., Molarius, R., Mäki, K., Forssén, K., Tagg, A., & Petiet, P. J. (2017). Mitigating the risk and assessing the impact of extreme weather on critical infrastructure. In SRA Nordic 2017 Abstracts Aalto University. - link

Journal articles

Hanski, J., Rosqvist, T., & Crawford-Brown, D. (2018). Assessing climate change adaptation strategies: the case of drought and heat wave in the French nuclear sector. Regional Environmental Change. - link

Molarius, R., Räikkönen, M., Forssén, K., & Mäki, K. (2017). Enhancing the Resilience of Electricity Networks by Multi-stakeholder Risk Assessment: The Case Study of Adverse Winter Weather in Finland. Journal of Extreme Events, 3(4), [1650016]. - link

Forssén, K., Mäki, K., Räikkönen, M., & Molarius, R. (2017). Resilience of Electricity Distribution Networks against Extreme Weather Conditions. ASCE-ASME Journal of Risk and Uncertainty in Engineering Systems, Part B: Mechanical Engineering, 3(2), [RISK-16-1133]. - link

Räikkönen, M., Molarius, R., Mäki, K., Forssén, K., Petiet, P., & Nieuwenhuijs, A. (2017). Creating stakeholder value through risk mitigation Measures in the context of disaster management. Infrastructures, 2(4), [14]. - link

Molarius, R., Keränen, J., & Poussa, L. (2015). Combining Climate Scenarios and Risk Management Approach: A Finnish Case Study. Climate, 3(4), 1018-1034. - link

Saarivuori, E., Molarius, R., Wessman-Jääskeläinen, H., & Poussa, L. (2015). Connecting water footprint and water risk assessment: Case packaging board. Water Practice & Technology, 10(2), 229-241. - link

Molarius, R., Könönen, V., Leviäkangas, P., Zulkarnain, Rönty, J., Hietajärvi, A-M., Oiva, K. The extreme weather risk indicators (EWRI) for the European transport system. Natural Hazards . Springer. Vol. 72 (2014) No: 1, 189 - 210 - link

Other publications

Arnold, M., Poussa, L., Ritschkoff, A-C., Soininen, J-P., & Wendling, L. (2018). Towards a resilient society with smart water solutions. (VTT - Policy Brief; No. 1/2018). Espoo: VTT. - link

Karanta, I. (2018). Seasonal and contextual factors in level 3 PSA. (Research Report; No. VTT-R-00221-18). VTT. - link

 

You'll find more information on publications and other research activities on VTT's Research Information Portal.