Rome: The Future Investment Initiative (FII) Institute announced the launch of its latest report, Artificial Intelligence for Climate Risk Prediction and Adaptation. The report examines how artificial intelligence can help governments, emergency managers, investors, and communities better anticipate, prepare for, and respond to climate-related disasters.
According to Emirates News Agency, the report will be launched in connection with FII PRIORITY Europe 2026, taking place in Rome from June 17-19, 2026, under the theme 'Europe Reimagined: Capital, Sovereignty and Strategic Autonomy.' The Summit will convene global leaders across investment, policy, technology, energy, and industry to examine how capital can strengthen resilience, competitiveness, and long-term growth.
The report points to the scale of the challenge facing governments, insurers, infrastructure operators, and communities, citing Munich Re data showing that global natural catastrophe losses reached approximately US$320 billion in 2024, including US$140 billion in insured losses.
The report highlights how AI can support climate risk prediction through faster forecasting, early warning systems, damage assessment, resource allocation, and real-time emergency coordination. It also warns that AI tools will only deliver real impact if they are trusted, explainable, locally relevant, and supported by strong data systems.
Key takeaways from the report include substantial progress in climate risk management by AI, including preventive maintenance, digital twin technologies, real-time disaster monitoring, and rapid damage assessments for housing recovery. Firms focused on data provenance, linkage, verification, and infrastructure monitoring may represent durable opportunities within the climate AI ecosystem.
Current disaster recovery systems often prioritize returning communities to pre-disaster conditions rather than addressing vulnerabilities. AI can support more proactive response, recovery, and resilience planning. A digital and knowledge divide persists between the Global North and Global South, particularly in accessing credible information and educational resources. Workforce development is deemed critical.
Dr. Thomas Chandler, one of the report's authors, emphasized the potential of AI to transform societal responses to climate risk. He stated that the integration of AI into institutions and its acceptance by communities are crucial for reducing vulnerabilities before disasters occur.
Dr. Chandler will join leaders and experts at FII PRIORITY Europe 2026 in Rome, where climate resilience, AI, data infrastructure, capital allocation, and strategic autonomy will be discussed as part of Europe's future competitiveness.
The report argues that effective AI-enabled climate adaptation requires cooperation between governments, investors, technology companies, emergency managers, and local communities. It calls for greater investment in open and interoperable data systems, AI literacy, public-private partnerships, and tools that maintain human judgment at the center of emergency decision-making.