Most of the developing countries are widely recognised to be vulnerable to climate risks. Climate-related disasters are already undermining record growth across the world, threatening hard-won gains and vulnerable populations’ lives and livelihoods; increasing climate volatility can only exacerbate this and counteract the investments being made by countries to mitigate, prepare for and manage current weather risks.

Amigo, in collaboration with World Food Programme (WFP) is currently working on an international funded project called eXtreme Climate Facility (XCF) and it is developing a specific multi-hazard Extreme Climate Index (ECI). This index would be based on meteorological data, specified by climatic region and designed to capture the severity and frequency of heat, drought, flood and other extreme weather events important to particular regions, such as cyclones.

In this framework, the first level Objective of the project CaseXtreme is to identify a suitable metric for the Statistical Significance of Changes in the Statistics of Extremes (SSCSE) in order to provide the baseline for the design of innovative financial products and risk management tools.

The second level objectives of CaseXtreme project is, from one side, to train and a new climate service scientist who can successfully operate on the complex boundary between academic world, SME, users, providers, and actors active in climate services. From the other side, to acquire from the associate her scientific background in extreme events identification, extreme events attribution, non-stationary processes and non-linear dynamical systems, with the aim of boosting AMIGO’s leadership in climate services at European and International level.