GEM moves to boost the availability of its Products and Services to a wider range of stakeholders

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The Products and Services Strategy was approved by the Governing Board on June 19, 2020. GEM’s strategy for development of products and services is to facilitate the merging of the interests of public and private sectors to work together to fully assess risk and incorporate risk-based decisions into planning and sustainable development; to spearhead the development of common tools and solutions; and to provide a range of products and services for the combined disaster risk management and reduction community.

 

As part of GEM’s long-term sustainability plan, GEM intends to generate funds from a combination of the following:

 

  • Sponsorships – to support GEM’s global role as an independent and trusted authority on earthquake hazard and risk issues acting in the public interest;
  • Institutional projects – to support applications of core capability such as the development of hazard models for public benefit; and
  • For-a-fee applications – to bring value-added products to down-stream users such as for insurance or catastrophe bonds, or for the design of buildings and infrastructure. However, all for-a-fee products or applications will also be freely available for non-commercial, public-good applications subject to approval by the Secretariat. Moreover, GEM will reinvest revenue into open products and activities in developing countries.

 

Check the summary of our products strategic document and Frequently Asked Questions. A complete list of products is coming soon and will be available on our website. In the meantime, here's a list of models that will be released in September and December this year.

 

September

  1. Caribbean & Central America (v. 2018)
  2. South America
  3. Indonesia
  4. Southeast Asia
  5. Taiwan
  6. South Africa

 

December

  1. Korea
  2. Mexico
  3. Northeastern Asia
  4. Northwestern Asia
  5. Pacific Islands
  6. UCERF3
  7. Conterminous US
  8. Alaska
  9. Canada (v.2015)
  10. Hawaii
  11. Japan
  12. Philippines

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