List of the Top 8 Climate Risk Software in 2026

The Oasis Loss Modelling Framework (Oasis LMF) functions as an open-source catastrophe modeling platform dedicated to enhancing risk evaluation through its principles of transparency, innovative approaches, and high performance. Established as a not-for-profit organization, Oasis LMF offers numerous tools that facilitate the design, implementation, and management of catastrophe models, granting users the flexibility needed in their modeling techniques. It provides an intuitive web interface alongside an API designed for seamless integration with various systems, thereby improving interoperability and the overall user experience. Essential features such as Oasis ktools enable extensive execution of catastrophe models, while the Oasis Model Development Toolkit is instrumental in developing and testing new modeling methods. Emphasizing collaborative efforts, Oasis LMF encompasses a community ecosystem that includes more than 18 suppliers and upwards of 90 distinct models, fostering a diverse and rich modeling environment. This wealth of resources highlights the platform's commitment to assisting users in effectively navigating the intricacies of risk assessment within a continually changing landscape, ensuring they are well-equipped to handle future challenges. As a result, Oasis LMF not only enhances individual modeling capabilities but also contributes to the collective advancement of the catastrophe modeling industry.

The XDI Climate Risk Hub delivers top-tier analyses of physical climate risks on demand. Users can quickly access risk ratings for specific assets or entire portfolios, with ratings categorized into five bands derived from ten distinct hazards. Key indicators include Maximum Value At Risk and potential productivity losses, with assessments based on Representative Concentration Pathways (RCPs) and scenarios outlined by the Network for Greening the Financial System (NGFS), covering years from 1990 to 2100. The platform boasts impressive spatial resolution, reaching as fine as 5 meters by 5 meters, and offers extensive customization options. XDI enhances its risk evaluations by integrating engineering data, hazard specifics, and contextual information alongside weather, climate, and financial datasets. The engineering assessments focus on vulnerabilities linked to 140 standardized archetypes, which encompass residential, industrial, and commercial structures, allowing for adaptations to be tested for resilience. Hazard probabilities are derived from historical weather data beginning in 1990, taking into account the local environment, including features such as topography and soil characteristics, alongside flood mapping and various other relevant factors. This multifaceted approach ensures a comprehensive understanding of potential risks associated with climate change.

Jupiter stands at the forefront of climate risk analytics, catering to vital industries such as insurance, banking, asset management, real estate, energy, utilities, oil and gas, manufacturing, chemicals, mining, retail, agriculture, the public sector, and non-profit organizations. Our innovative solutions deliver thorough climate risk evaluations that encompass a variety of hazards, presenting spatial resolutions that can be tailored from portfolio levels down to individual assets, with global applicability and flexibility across different timelines and climate scenarios. Remarkably, Jupiter's sophisticated physical climate risk analytics have been integrated by at least one of the leading five firms worldwide in sectors like asset management, banking, insurance, oil and gas, mining, power, and construction, in addition to being utilized by the U.S. government. This extensive adoption reflects the trust and effectiveness of our services in tackling the urgent issues brought about by climate change. Furthermore, as the urgency of climate-related challenges continues to grow, our commitment to providing accurate and actionable insights remains unwavering.

Fathom's Global Flood Map offers a comprehensive collection of hazard data and insights regarding flood risk on a worldwide level. It tackles major flood threats such as pluvial, fluvial, and coastal incidents, maintaining a resolution of around 30 meters and providing in-depth information on depth and extent for return intervals spanning from once every five years to once every thousand years. By integrating climate dynamics, this map allows for the assessment of flood risks across a range of future scenarios projected up to the year 2100. Key attributes include multi-peril flood layers, enhanced terrain data obtained through the FABDEM+ digital elevation model, and flexible access options like API, portal, or on-premises hosting. This tool is designed to serve multiple sectors including insurance, engineering, financial services, corporate entities, and international development, equipping these fields to effectively incorporate flood hazard insights and climate change data into their risk management protocols. Additionally, Fathom is committed to scientific rigor, ensuring that its models undergo thorough validation and are published in leading academic journals, underscoring its mission to foster well-informed decision-making in managing flood risks. This dedication to accuracy and reliability further enhances the platform's value, making it an essential resource for those aiming to navigate the complexities of flood risk assessment.

Cotality’s Climate Risk Analytics is a cutting-edge platform that uses CoreAI to provide businesses with a comprehensive understanding of climate-related risks. By offering predictive models and detailed assessments, the platform evaluates potential environmental impacts, such as natural disasters, flooding, or extreme weather events, enabling organizations to manage their climate exposure. Real-time data analysis and advanced risk assessment tools help businesses make informed, proactive decisions, reducing risks and optimizing strategies for sustainability and resilience. With Climate Risk Analytics, businesses can future-proof their operations against the growing challenges posed by climate change.

First Street Foundation functions as a non-profit organization dedicated to assessing and communicating climate-related risks throughout the United States. By employing advanced climate science and engineering methodologies, the foundation provides thorough analyses of various environmental risks, including flooding, wildfires, wind damage, extreme heat, and air pollution. Their mission is to make climate risk not only understandable but also actionable for individuals, government entities, and businesses. Through comprehensive data and insightful assessments, First Street Foundation aims to link climate change with financial implications, thus promoting more informed decision-making and proactive strategies for managing risks. The organization’s hazard models are carefully developed and subject to peer review to guarantee their precision and reliability. These models address multiple flooding types (such as surge, pluvial, fluvial, and tidal), the impacts of hurricane winds, wildfire behavior (including ember flux and flame length), occurrences of extreme heat, and air quality issues (particularly concerning ozone and PM2.5 concentrations). This all-encompassing strategy equips stakeholders with the knowledge necessary to recognize their vulnerabilities in an evolving climate landscape, ultimately fostering resilience and preparedness.

Spectra, developed by Climate X, stands out as a groundbreaking tool for climate risk analytics, having garnered praise for its effectiveness in translating physical climate threats into actionable financial loss metrics applicable to both individual assets and entire portfolios. This tool is particularly beneficial for industries such as banking, real estate, and financial services, enabling businesses to assess the financial consequences of climate-related events, thereby enhancing their competitive advantage through timely financial impact evaluations. The platform integrates forward-looking climate projections with unique data on the vulnerabilities of buildings, covering over 1.5 billion assets around the world. Users can access Spectra via a user-friendly web interface or through an Enterprise API, facilitating seamless integration with existing risk management frameworks. Furthermore, Spectra's flexible solution is tailored to address both immediate and long-term physical risk assessments, conforming to Model Risk Management (MRM) guidelines while ensuring security through consistent model evaluations and adherence to ISO standards. By providing these extensive capabilities, Spectra not only assists organizations in comprehending their exposure to climate risks but also equips them to make well-informed, strategic decisions in an ever-evolving landscape. As businesses face increasing pressure to address climate-related challenges, the insights offered by Spectra become indispensable for sustainable growth and resilience.

Climate X's Adapt represents a revolutionary, cloud-based platform that streamlines the process of climate adaptation planning by providing instant access to asset-level climate risk data and forecasts for the financial returns on adaptation efforts. Integrating this tool into your investment strategy allows for comprehensive risk assessments, exploration of various adaptation strategies, and the quick generation of detailed reports in CSV format, thus eliminating the costs and delays typically incurred with third-party consultations. The user-friendly interface of Adapt facilitates smooth navigation during acquisition or due diligence processes, thereby enabling swift and well-informed decision-making. Additionally, the platform complies with ISO 14090/14091 standards and adheres to the frameworks established by UNFCCC and the EU Taxonomy, assuring both regulatory compliance and increased resilience for your investment portfolio. Key features include accessible adaptation data, evaluations of return on investment, and visualization tools for risk metrics both pre- and post-implementation of adaptation measures. This empowers organizations to not only tackle climate risks proactively but also to uphold a competitive advantage in their investment activities. As climate challenges become more pressing, tools like Adapt will be essential for sustainable investment planning and execution.