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Climate change poses new risks for real estate assets. Given that the majority of home buyers use a loan to pay for their homes and the majority of these loans are purchased by the Government Sponsored Enterprises (GSEs), it is important to…

General Economics · Economics 2023-05-15 Amine Ouazad , Matthew E. Kahn

Industrial machine learning systems face data challenges that are often under-explored in the academic literature. Common data challenges are data distribution shifts, missing values and anomalies. In this paper, we discuss data challenges…

Machine Learning · Computer Science 2022-03-17 Michael Bohlke-Schneider , Shubham Kapoor , Tim Januschowski

Multiple studies have now demonstrated that machine learning (ML) can give improved skill for predicting or simulating fairly typical weather events, for tasks such as short-term and seasonal weather forecasting, downscaling simulations to…

Atmospheric and Oceanic Physics · Physics 2023-08-30 Peter AG Watson

Designing early warning system for precipitation requires accurate short-term forecasting system. Climate change has led to an increase in frequency of extreme weather events, and hence such systems can prevent disasters and loss of life.…

Atmospheric and Oceanic Physics · Physics 2023-12-11 Ajitabh Kumar

Using lightning strikes as an example, two possible schemes are discussed for the attribution of changes in event frequency to climate change, and estimating the cost associated with them. The schemes determine the fraction of events that…

Applications · Statistics 2015-10-21 Anthony J. Webster

Accurate short-term streamflow and flood forecasting are critical for mitigating river flood impacts, especially given the increasing climate variability. Machine learning-based streamflow forecasting relies on large streamflow datasets…

Artificial Intelligence · Computer Science 2024-12-09 Xiyu Pan , Neda Mohammadi , John E. Taylor

The present work is aimed to examine the potential of advanced machine learning strategies to predict the monthly rainfall (precipitation) for the Indus Basin, using climatological variables such as air temperature, geo-potential height,…

Signal Processing · Electrical Eng. & Systems 2019-01-27 Hamidreza Ghasemi Damavandi , Reepal Shah

The damage to residential buildings caused by hurricane-induced hazards is significant in the United States. There is a substantial body of research related to assessing physical damages to residential buildings and their direct economic…

Physics and Society · Physics 2022-07-29 S. Amin Enderami , Ram K. Mazumder , Elaina J. Sutley

Atmospheric Extreme Events (EEs) cause severe damages to human societies and ecosystems. The frequency and intensity of EEs and other associated events are increasing in the current climate change and global warming risk. The accurate…

Windstorms significantly impact the UK, causing extensive damage to property, disrupting society, and potentially resulting in loss of life. Accurate modelling and understanding of such events are essential for effective risk assessment and…

Atmospheric and Oceanic Physics · Physics 2024-09-18 Etron Yee Chun Tsoi

Precipitation nowcasting is of great importance for weather forecast users, for activities ranging from outdoor activities and sports competitions to airport traffic management. In contrast to long-term precipitation forecasts which are…

Extreme precipitation events with large spatial extents may have more severe impacts than localized events as they can lead to widespread flooding. It is debated how climate change may affect the spatial extent of precipitation extremes,…

Methodology · Statistics 2022-12-07 Peng Zhong , Manuela Brunner , Thomas Opitz , Raphaël Huser

Emergency events in a city cause considerable economic loss to individuals, their families, and the community. Accurate and timely prediction of events can help the emergency fire and rescue services in preparing for and mitigating the…

The impact of meteorological observations on weather forecasting varies with sensor type, location, time, and other environmental factors. Thus, quantitative analysis of observation impacts is crucial for effective and efficient development…

Machine Learning · Computer Science 2024-02-26 Hyeon-Ju Jeon , Jeon-Ho Kang , In-Hyuk Kwon , O-Joun Lee

We estimate the short-run effects of weather-related disasters on local economic activity and cross-border spillovers that operate through economic linkages between U.S. states. To this end, we use emergency declarations triggered by…

Econometrics · Economics 2025-09-11 Emanuele Bacchiocchi , Andrea Bastianin , Graziano Moramarco

Climate change is intensifying rainfall extremes, making high-resolution precipitation projections crucial for society to better prepare for impacts such as flooding. However, current Global Climate Models (GCMs) operate at spatial…

Machine Learning · Computer Science 2024-12-20 Ran Lyu , Linhan Wang , Yanshen Sun , Hedanqiu Bai , Chang-Tien Lu

We consider the problem of predicting power outages in an electrical power grid due to hazards produced by convective storms. These storms produce extreme weather phenomena such as intense wind, tornadoes and lightning over a small area. In…

Artificial Intelligence · Computer Science 2018-05-22 Roope Tervo , Joonas Karjalainen , Alexander Jung

Modern weather and climate models share a common heritage, and often even components, however they are used in different ways to answer fundamentally different questions. As such, attempts to emulate them using machine learning should…

Atmospheric and Oceanic Physics · Physics 2022-03-21 Duncan Watson-Parris

In this paper, in an attempt to improve power grid resilience, a machine learning model is proposed to predictively estimate the component states in response to extreme events. The proposed model is based on a multi-dimensional Support…

Systems and Control · Computer Science 2018-02-19 Rozhin Eskandarpour , Amin Khodaei , Ali Arab

Quantifying the impacts of anthropogenic global warming requires accurate Earth system model (ESM) simulations. Statistical bias correction and downscaling can be applied to reduce errors and increase the resolution of ESMs. However,…

Geophysics · Physics 2024-06-24 Philipp Hess , Niklas Boers