Met Office to provide climate change advice to fund managers

The Met Office Hadley Centre has announced an agreement with HSBC to provide weather and climate change information to fund managers through the creation of a Climate Change Research Facilitation Programme. According to the Met Office, as the potential impacts of climate change on investment portfolios are examined by fund managers globally the demand for highly specialist research from independent companies has accelerated.

The Met Office will provide high-level independent advice to enable fund managers, often responsible for pension funds, to reduce the risks from both natural and man-made climate change on their investments. Established by HSBC, the programme is a partnership with the Met Office as well as Ernst and Young, New Energy Finance and Risk Management Solutions.

Met Office Consulting also provides weather and climate change advisory services across a range of sectors with recent projects advising on the energy industry, investment decisions for the water industry and the environmental impact of open cast mining.

• Met Office news release