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What’s the data? Keynote speech

by Dr Simon JackmanHead of Knowledge Exchange

Natural Environment Research Council

Whose Brains? ESG Data and Intellectual PropertyLondon Accord Autumn Conference

Museum of London, 150 London Wall, London EC2Y 5HN

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Agenda

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

needs

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• 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?

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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.

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Data FS sector seeks

MARKETS Investors Traders Guarantors

Valuation Changes in supply and effect on output and returns

Existence Surface- and ground-water volumes; data to cross-check

BenefitAvailability

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 worldwww.ceh.ac.uk

Integrated Project Water and Global Change (WATCH)

Global datasets

Integrated science for our changing worldwww.ceh.ac.uk

WATCH

WB7

Assessing the vulnerability of water resources

WB6

Past, present and future population, LUCC and

water demand

WB2

Extremes and scales of

hydrological events

WB4

Feedbacks in the climate hydrological

system

WB5

21st Century Global water cycle

20th Century Global water cycle

WB3

WB1

Management, training anddissemination

WATCH

WB7

Assessing the vulnerability of water resources

WB6

Past, present and future population, LUCC and

water demand

WB2

Extremes and scales of

hydrological events

WB4

Feedbacks in the climate hydrological

system

WB5

21st Century Global water cycle

20th Century Global water cycle

WB3

WB1

Management, training anddissemination

WB7WB7

Assessing the vulnerability of water resources

WB6

Assessing the vulnerability of water resources

WB6

Past, present and future population, LUCC and

water demand

WB2

Past, present and future population, LUCC and

water demand

WB2

Extremes and scales of

hydrological events

WB4

Extremes and scales of

hydrological events

WB4

Feedbacks in the climate hydrological

system

WB5

Feedbacks in the climate hydrological

system

WB5

21st Century Global water cycle

20th Century Global water cycle

WB3

WB1

21st Century Global water cycle21st Century Global water cycle

20th Century Global water cycle20th Century Global water cycle

WB3

WB1

Management, training anddissemination

• 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

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Networks, Communities & Strategic Issues

Uncertainty & Risk Research

Network

Valuation & Risk

NetworkNERC 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 FundingNERC KE Team and KE Funding

What we are considering for a KE programme in FS

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Thank You

Questions and comments