xParametric
  • ℹ️Introduction
  • 📚How does xParametric work?
    • Fixed Product Market Maker
    • Market States
    • Market Properties
    • Adding and Removing Liquidity
  • 💻Example Market
    • Climate Risk: Will 2024 be the hottest year on record?
    • Catastrophe Risk: Will there be an increase in named storms globally in 2024 compared to 2023?
  • 🦸‍♂️User Guide
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Catastrophe Risk: Will there be an increase in named storms globally in 2024 compared to 2023?

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Last updated 1 year ago

Question

Will there be an increase in named storms globally in 2024 compared to 2023?

Outcomes

Yes (79 or more named storms in 2023) , No (Otherwise)

Closing date (expiration date)

1/1/2025

Description

The NOAA National Centers for Environmental Information (NCEI) is a division of the National Oceanic and Atmospheric Administration (NOAA) in the United States. NCEI is responsible for preserving, monitoring, and providing access to a vast collection of environmental data, including climate data.

Each year they publish a tropical cyclones report that will publish the relevant storm statistics. A total of 79named storms occurred across the globe in 2023.

Resolution source

Category

Catastrophe Risk

💻
Annual 2003 Tropical Cyclones Report | National Centers for Environmental Information (NCEI)
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