Climate Risk (& Opportunity) Intelligence

Climate Intelligence

At Buoyant, we have been talking a lot about climate intelligence. As with many industries, we are seeing the impact of technology innovations and trends including, increased and cheaper computing power, low-cost sensors, improved imaging technologies, increasing data volume and new data sources, etc. that are enabling entrepreneurs to develop new insights and business models to help tackle both the risk and opportunities associated with climate change. This push is being met with an equal pull from those looking for solutions, a growing list that includes both countries (China, Japan, EU, Others) and corporations.

As highlighted by Jacob Gleason in Climate Risk Intelligence, the First Frontier, we believe the first step in this nascent field is quantifying the risk that climate change poses. Today, we believe climate risk is either undervalued or not fully understood, across broad spectrums of business and government. As climate change's realities come to fruition, demand has emerged for more actionable intelligence among those first impacted, with many entrepreneurs looking to meet that demand.

Expect more from us on this space as it is quickly evolving and we are excited to see the opportunities in this space continue to grow.

We are on pins and needles about the election. Depending on the outcome, we are planning to host a zoom call to discuss policy implications for climate technologies. Stay tuned. And be sure to make your vote count.

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PwC Report Overview

PwC released a groundbreaking report on Climate Tech which details an overwhelming investor appetite for the sector, noting industry funding grew at an 84% compounded rate since 2013, totaling $60B in funding from 2,700 investors across 1,200 companies which created 43 companies valued over $1B.

The report finds that when compared to ‘Clean Tech’ of 2006-2011, Climate Tech is distinguished by two factors:

• Lower startup costs & a clearer path to scale
• A focus on decarbonization across all sectors of the economy, not solely the energy sector

If you would like to receive our full summary of this report please reach out to us!