Can Climate Fintech Help Climate Change Mitigation in Europe?
Climate change has already led to various impacts on the environment, the economy, and society. These impacts have been felt both in Europe and across the world. Last year, Europe reached the highest temperature record for both August and summer (June – August) by substantial margins of 0.8°C over 2018 for August and 0.4°C over […]
How does climate change affect real estate?
Climate change poses clear risks to the real estate sector. In addition to the physical and social impacts of natural disasters, growing regulatory pressures and changes in market preferences are impacting investment performance. These threats have adverse implications in every aspect of the industry, from increasing prices in the real estate market to the decline […]
Can technology stop climate change?
Climate change adaptation means adjusting our behaviour, systems, and—in some cases—ways of life to protect our families, economies, and the environment we live in from climate change’s impacts. While there are many efforts and activism surrounding climate action, we should be looking at how to adapt to the effects of climate change that we cannot […]
How a Climate Intelligence Platform Can Transform your Business
Climate change is accelerating so as climate science innovations. The impacts of climate change have substantial socio-economic effects across the globe. Climate technologies provide solutions to GHG emissions and address the severe impacts of climate change. Businesses need climate technologies like climate intelligence to have a deeper understanding of climate change, take advanced measures against […]
Should you invest in Climate Intelligence?
Climate Intelligence (CI) is the historical, current, and predictive information on our natural and built systems to power insights for climate mitigation and adaptation. In other words, CI can be defined as the data analysis of climate information to understand what affects climate, how climate is changing, and how those changes affect our society and […]
Why is Climate Technology important?
Climate tech companies are reshaping the world’s largest markets with innovative sustainable solutions. Over the past couple of years, entrepreneurial activity and investment interest in climate technology have skyrocketed. Climate tech has become the fastest-growing vertical in Europe, with funding soaring tenfold from $1.1bn (£840m) in 2017 to $11bn (£8.4bn) in 2021. Climate Technology Climate […]
The Effects of Heat Waves and Drought on the Housing Market in Europe
Historic heatwaves and droughts have made Europe suffer this summer, which has been signified by scorching heat, devastating forest blazes, a decrease in precipitation and low levels of rivers and lakes. The prolonged extreme weather is taking a heavy toll on European countries, which are still beset by rising prices. In the context of real […]
Climate Intelligence: Key to Resilient Banking
Bank of England (BoE) stated that banks and insurers that fail to manage climate risks as a “first-order” issue could face a 10% to 15% hit to annual profits and higher capital requirements. As a silver lining, we are fortunate to live in a time when technology is advanced. Artificial Intelligence is one of the […]
Climate Intelligence for Insurance
In the last decade, artificial intelligence (AI) has emerged as a game-changing technology in the insurance sector. This technology is equipped with advanced analytics that enables insurers to gain an understanding of large data sets. In particular, Climate Intelligence allows insurers to grasp statistics, emission factors, and simulation of climate risks to arrive at accurate […]
How does climate change affect the insurance industry?
Extreme-weather events are escalating and becoming more severe. Climate change and insurance companies are in unique positions when it comes to climate risk. Climate risks pose massive challenges for insurance companies since they are directly exposed to the aftermath of climate change disasters through their insurance commitments. To achieve higher resilience, insurers should use a […]