A New Market for Climate Services: What Kind of Climate Services?

Climate services bear the promise of becoming a new, remunerative market of knowledge-intensive services. Managers, engineers and policy makers need to cope with the consequences and risks of climate change, and these services aim to improve their decision making. There have been experiments with climate services, but so far, there has been little reflection on the kinds of services such a new market could encompass, and the ways in which sustainable business models can be created. This research note presents a typology with four scenarios for climate service development. These are part of a Constructive Technology Assessment (CTA) exercise, in which scenarios are discussed by a heterogeneous group of users, producers and other stakeholders to explore value propositions of potential services from different angles. Thus, CTA provides a basis for business model development in this emerging field.