STRAND Lab

STRAND Lab is an interdisciplinary, multi-organisation virtual laboratory for climate and nature stress testing, bringing together leading researchers and practitioners working at the frontier of environmental risk analysis and financial stability. 

The Lab connects collaborators across universities, research institutes, and industry, including teams at Griffith University, the University of Otago, CSIRO, the EU Joint Research Centre, the University of Melbourne, the University of Edinburgh, UNSW, ESNZ, AMMI pty, and Marsh. By linking expertise across these institutions, STRAND Lab creates a platform for advancing methods to understand how climate change affects financial systems, assets, and institutions.

Our work spans a growing portfolio of international projects, including initiatives in New Zealand (STRAND 1 Marsden Fund Project & STRAND 2 MBIE Project), Australia (NEMA Managed retreat project, collaborations with EMMI Pty), the United Kingdom (UK river stress testing project using European DataWarehouse data), and the European Union (with EU Joint Research Centre in Ispra). Together, these projects focus on developing next-generation approaches to climate and nature stress testing, physical climate and nature risk assessment, and financial system resilience.

To support this collaboration, STRAND Lab convenes researchers, policymakers, and industry experts through workshops and events. The Lab will host its inaugural Climate and Nature Stress Testing event in Queenstown in November 2026 (more details to follow), bringing together international experts to share new research, tools, and policy insights on climate-related financial risk.

STRAND Lab is building a global research network dedicated to improving how climate risks are measured, modelled, and integrated into financial decision-making.

For further information please do not hesitate to contact STRAND Lab Director, Professor Ivan Diaz-Rainey  (i.diaz-rainey@grffith.edu.au )