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The corporate foundation of the French reinsurance giant SCOR is backing an initiative led by Lancaster University Management School to use prediction markets to combine diverse forecasts of future climate into unified predictions and potentially provide a radical new mechanism for funding climate research.

Climate change is altering the statistical relationship between sea-surface temperature and hurricane activity?

High frequency trading can increase the speed at which new information is incorporated into prices in a prediction market, but this extra speed might be unnecessary for the usefulness of the forecasts the market is producing.

Climate change is altering the statistical relationship between sea-surface temperature and hurricane activity?

Prediction markets for climate-related risks could be a prime target for manipulators wishing to create the impression that climate change is either less or more of a problem than the scientific consensus.

Following Beryl, forecasts – including CAHM24 – have shifted further.

The first storm of the 2024 hurricane season has formed in the Gulf region — but it has yet to achieve hurricane status.

CAHM24’s 70% range of hurricanes anticipates NOAA’s final pre-season update.

The Atlantic hurricane season officially begins on June 1. This season is predicted to one of, if not the most, active on record.