CIRCAD seeks to bring together experts from academia and the insurance, finance, and other risk-related industries to develop innovative climate solutions.
Experts at Duke University (including the Nicholas Institute and the Pratt School of Engineering) are partnering with colleagues at the University of Georgia (UGA) and numerous other collaborators to develop the Center for Innovation in Risk-analysis for Climate Adaptation and Decision-making (CIRCAD).
CIRCAD is a science and policy research center in which university faculty and students work collaboratively with partners from the insurance, finance, and other risk-related industries to develop innovative solutions to climate challenges. CIRCAD’s research will integrate data science and modeling, risk assessment and decision theory, and economic and policy analysis to develop innovative and actionable strategies, products, policies, and practices.
By disseminating the knowledge and tools produced by the center to communities, property owners, businesses, and government officials, CIRCAD will enhance climate decision-making and foster resilience on a system-wide scale. Achieving these goals will also involve recruiting, mentoring, and developing a diverse, highly trained, climate-ready workforce.
CIRCAD is a consortium of university research sites, government agencies and labs, and public and private companies. The Duke and UGA experts leading its development have received a one-year grant from the National Science Foundation (NSF) and National Oceanic and Atmospheric Administration (NOAA) to support the CIRCAD planning process. CIRCAD leads are engaging with dozens of organizations to establish goals, activities, partnerships, and research themes. This process will culminate in a Climate Resilience Summit in fall 2024. CIRCAD will submit a full proposal for a five-year center to NSF by mid-December 2024.
Inquire about membership: circad@duke.edu
