©NERC Confidential What’s the data? Keynote speech by Dr Simon Jackman Head of Knowledge Exchange Natural Environment Research Council Whose Brains? ESG.

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Presentation transcript:

©NERC Confidential What’s the data? Keynote speech by Dr Simon Jackman Head of Knowledge Exchange Natural Environment Research Council Whose Brains? ESG Data and Intellectual Property London Accord Autumn Conference Museum of London, 150 London Wall, London EC2Y 5HN

©NERC Confidential Agenda About NERC What kinds of water data FS sector needs Types of data of relevance Thoughts on collaborating to meet FS sector needs

©NERC Confidential The largest funder of environmental research in the UK The main UK agency for funding, managing research, training and knowledge exchange in environmental sciences We use our budget of ~£400m to fund research in Universities and our own Research Centres: – Centre for Ecology and Hydrology – British Antarctic Survey – British Geological Survey – National Oceanographic Centre We also work with many national and international partners to deliver research What is NERC?

©NERC Confidential Selected investments - water Changing Water Cycle (£10.1m) – Quantitative understanding involving all of the earth system, improving decadal predictions of regional precipitation, evapotranspiration, soil moisture, hydrological storage and fluxes. Biodiversity and Ecosystem Service Sustainability (£13m) – Functional role of biodiversity in key ecosystem processes – Valuation of Biodiversity and Natural Resources Flood Risk and Extreme Events (£7.4m) – Hydrological, meteorological, terrestrial and coastal oceanography communities, to better forecast and quantify flood risk.

©NERC Confidential Data FS sector seeks MARKETS InvestorsTradersGuarantors Valuation Changes in supply and effect on output and returns Existence Surface- and ground-water volumes; data to cross-check Benefit Availability under a variety of abstraction scenarios Comparative analysis of scarcity for each utility Comparative risk assessments (multiple scenarios)

Examples of new methods, datasets and tools Vicky Bell, Simon Dadson, Tanya Waarners, Eleanor Blyth, Alison Kay Integrated science for our changing world

Integrated Project Water and Global Change (WATCH) Global datasets Integrated science for our changing world

Combines hydrological, water resources and climate communities Analyse and describe current global water cycle evaluate how global water cycle and its extremes respond to future drivers of global change evaluate feedbacks in the coupled system as they affect global water cycle evaluate uncertainties in predictions develop a modelling and data framework to assess future vulnerability of water as a resource The WATCH Integrated Project

©NERC Confidential Networks, Communities & Strategic Issues Uncertainty & Risk Research Network Valuation & Risk Network NERC KE Team and KE Funding Corporate Social Responsibility (CSR) Community Reinsurance community Other relevant industry sectors Environmental Social and Governance (ESG) Issues Community Socially Responsible Investing (SRI) Community Natural Hazard Catastrophe Modelling Sustainable Investing, The Green Economy, Living With Environmental Change NERC KE Team and KE Funding What we are considering for a KE programme in FS

©NERC Confidential Thank You Questions and comments