The project EU-MACS consists of seven Work Packages (WP), of which WP6 and WP7 concern Communication & Dissemination (WP6) and Project Management (WP7) respectively.
WP1: A review of current market conditions and innovation prospects in the markets for climate services
WP2: Exploring the climate services value chain cluster options in finance/ asset management
WP3: Exploring the climate services value chain cluster options in tourism
WP4: Exploring climate services supply chain cluster options in urban planning
WP5: Synthesis-implications-recommendations – the most promising policies, measures, instruments, innovations and business models to promote climate service market development
Key conclusions and recommendations from the project are:
1) Establish (self-) regulation on mandatory climate risk reporting, transparency, & accountability – at least for several sectors, such as financial sector, urban planning, critical infrastructure, and food supply;
2) Enable, incite and support collaboration between different types of actors, notably also across the public – private divide, to engender learning and better needs based design and operation of climate services;
3) When engaging in climate service development, especially public actors and public-private collaborations should adequately and timely assess realistic and viable resourcing/business models for the stage of regular climate service provision;
4) Standardization, such as of terms, product categories, and product ratings, and quality assurance which is also relevant to current and prospective users, should be pursued by the entire climate services sector, i.e. not only covering upstream but also downstream climate services;
5) Monitoring and ex-post evaluation of climate services use and its effects, of which the results are public, with the aim to inform policy makers as well as providers and users, while inter alia also enabling to demonstrate the benefit generation capacity of different types of climate services for different types of users;
6) Basic climate research aside, innovation in climate services should encompass user relevant aspects of service delivery, such as related to visualization, risk indicators integrated with the user’s decision variables, collaborative mutual climate service development and delivery models, etc.
