Catalysing Business Engagement in Early Warning Systems 2025

Conclusion Though they have always been important, early warning systems are becoming ever more so as people deal with the impacts of more frequent, severe and variable extreme weather events. Given that the primary way people will experience climate change in the near term is through extreme weather, EWS can be considered an effective climate adaptation solution. Like most climate adaptation efforts, EWS suffers from a funding gap that limits its reach. However, there are opportunities for businesses to help close this gap and create value for both society and themselves. These opportunities arise from a combination of technological advancements and increased awareness of extreme weather issues in both the public and private sectors. They include the opportunity to supply new technologies, data or services into EWS directly, to provide weather or climate optimized products or services across a range of industries, or to partner with NMHS to help customers prepare for the impacts of extreme weather. Doing this requires a mindset shift by both businesses and governments. Businesses need to look for opportunities in areas where they may not have historically been found. Governments need to do more to make it easy for businesses to get involved, which includes making data open, incentives available and processes clear. Like many other climate adaptation domains, there is an opportunity to close coverage gaps by facilitating the development of markets that businesses can serve. Catalysing Business Engagement in Early Warning Systems 17