EU-MACS – European Market for Climate Services

EU-MACS project aims at identifying constraints and enablers in the market for climate services so as to clarify and illustrate how the supply of and demand for climate services can be optimally matched, while accounting for differentiation in climate service products and their production, as well in the user needs and capabilities regarding climate services.

Duration
24 months from 01/11/2016 to 31/10/2018
Funded by
  • European Commission

Coordinating organization
  • FMI - Ilmatieteen Laitos

CMCC Scientific Leader
CMCC Project manager
CMCC Institutes

CMCC Divisions

General aims

The project analyses the market structures and drivers, obstacles and opportunities from scientific, technical, legal, ethical, governance and socioeconomic vantage points. The analysis aims at discovering, quantifying and disseminating how service markets with public and private features can develop and how innovation may succeed in the field of climate services. The study engages a wide variety of stakeholders employing a co-design approach. Finally, the protocols developed in the explorative market development exercises are meant for replication at large scale.


CMCC Role

CMCC is partner in the consortium


Expected results

Better understanding of the market for climate services, its functioning, its bottlenecks and barriers. With specific reference to the sectors involved (finance, tourism and urban planning), the project will successfully deliver a comprehensive picture of the state of the market for climate services throughout the whole value chain. Together with other H2020-funded projects (MARCO and CLARA), EU-MACS will contribute to highlight where challenges and opportunities are.


Activity

CMCC is co-responsable for the development of the market research, aimed at assessing the current market structure, conditions, its regulatory foundations and innovation prospects in the market for climate services (WP1).

CMCC also supports the development of WP2 and WP4. WP2 contributes to the exploration of the value chain in finance/asset management. WP4, instead, explores the urban planning sector, by actively engaging in interactive stakeholders’ dynamics.

CMCC significantly contributes to WP5, which provides policy recommendations and foresees the editing of the Newsletter.

Partners:

  • HZG Germany – Helmholtz-Zentrum Geesthacht Zentrum fur Material und Kustenforschung GMBH
  • CNR-IRSA – Consiglio Nazionale delle Ricerche
  • Acclimatise – Acclimatise Group LTD
  • CMCC – Fondazione Centro Euro-Mediterraneo sui Cambiamenti Climatici
  • UTUM – Unternehmertum GMBH
  • UT – Universiteit Twente
  • JR – Jonneum Research Forschungsgesellschaft MBH
  • ENoLL IVZW – European network of living labs

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