World Bank – International financial institution
Unique global partnership, the World Bank, use Fathom’s model outputs to validate reported flood events on the ground.
They are five financial institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. There is a need to provide a measure of confidence in the reported impacts on the ground from flood events
The solution Fathom’s model outputs assisted the rapid impact assessment team in confirming that the order of magnitude of the (direct) damage reported per province conforms with the order of magnitude reported by the model
The results As the damage assessment on the ground is done in a very short timeframe, it is extremely useful to have the damage looked at from a different perspective
The World Bank gained outputs from Fathom-Global. This helped them in their understanding of the order of magnitude it is extremely useful. By leveraging this global dataset, the World Bank reported increased confidence in the rapid damage assessment results undertaken on the ground; as well as used the data to detect some discrepancies in provinces outside the study.
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FEMA’s Risk Rating 2.0
Fathom provided FEMA with a more accurate, up-to-date picture of US flood risk which informed how the NFIP prices insurance, using Fathom-US flood map.
Sompo International
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