Sustainability and ESG initiatives have been the forefront models of some businesses and corporations.
But with extreme weather forecasts brought by global warming, Climate Intelligence (CI) is more viable for climate change mitigation and adaptation solutions.
With global warming being an uncharted territory in different sectors and industries, natural disasters have put them at high risk. There are industries that rely their risk models on historical data for their business, however with the unpredictability of the climate and how it will be worsening in the incoming years, integrating historicals with new climate technologies may help with the accuracy of the future risk models. This creates an opportunity for the emergence of Climate Intelligence.
Furthermore, there are poorly maintained industries which result in different human made catastrophes such as wildfires, which contributes greatly to the sheer amount of carbon dioxide released in our atmosphere, making our environment hotter that contribute to global warming. Aside from the catastrophes, it also affects the monetary loss of the infrastructures, which may lead to bankruptcy.
With Climate Intelligence, not only will it provide data for the environment, it will also gather data and analysis for the long term risk model of the infrastructures for their maintenance.
Why Climate Intelligence?
With the urgency for data, analysis, insights, and tools, it makes financial sense that Climate Intelligence is a climate tech that is needed, especially with severe weather conditions and natural disasters that won’t be changing anytime soon. The climate crisis that we are experiencing has lasting effects on the economy and humans.
In terms of businesses and concerns of investors, instead of being limited to decarbonizing the industries, artificial intelligence and machine learning may help with the digital fabric to have a capital-efficient, high scalability, high margin solution. Climate-related risk management is now being seen as a necessity and the number of companies that are voluntarily seeking for these risk managements are growing. Politically, this kind of risk management is now seen as mandatory in some industries and soon, this will be widely written into law in different nations.
While there are certain industries that do not see the immediate need or have the urgency for climate solutions in a financial sense, there are still some that are in need for this kind of transformative opportunity.
Soon, with financial realizations, Climate Intelligence (CI) will be geared towards long term market shift and it will soon be incorporated with the financial systems and be operational in the economy.
Who can use Climate Intelligence?
Climate Intelligence may be used as guidance for entrepreneurs, stakeholders, and corporate leaders. Startups and investors may use certain techniques and tools for the monetary and financial impact of the climate crisis and to reduce the use of the consumption of energy. Meanwhile, corporations may effectively use supply chains for waste reduction.
In the long run, with thorough research and engineering, machine learning may be applied to help with climate change.
Not only businesses may take advantage of Climate Intelligence (CI), but also local and national governments as advanced technology using machine learning may improve public service, infrastructure development, and a big aid in decision-making for the public. These may help with the public transportation systems, energy consumption of big infrastructures, and climate disaster management. Their data, using different research tools, can also be relevant to climate goals in the future.
Researchers and engineers may use Climate Intelligence (CI) for solving different climate related crises and be innovative for the advancement of tools and climate models. Their expertise may also solve the urgent and relevant climate issues.
Our Biggest Leap
With the current climate situation that we have, there is only little time for the planet to be habitable as scientists noted due to rising temperatures.
The climate solution that we have is to call for societal awareness and financial urgency as this would not only contribute to businesses, but also to the cultural and political scene.
Climate Intelligence is one of the biggest opportunities that this generation has.
With the limited time that we have, the help of incorporating machine learning and artificial intelligence and widely-accessible data will help lessen the impact in our environment and make it more efficient for a sustainable future.