Climate-related events have traditionally been risk and catastrophe model inputs used by insurance companies since the early 1990s. With rising sea levels, increases in the frequency and destructive power of hurricanes, floods, droughts and wild fires, investors in the municipal finance sector increasingly desire a combination of catastrophe and climate change scientific data to add to risk models.

ICE Climate Risk applies geospatial climate, economic and demographic data to specific municipalities and securities. This new level of transparency allows municipal market participants to make informed investment decisions on recently issued bonds or securities that may have high climate risk exposure in an existing portfolio.