
Pioneering Climate Intelligence for a Resilient Future
In a world increasingly challenged by climate-related risks, Cervest emerges as a beacon of innovation, guiding organizations towards a more resilient future. Founded in 2015 and based in London, Cervest has taken on a monumental task: quantifying climate risk down to the asset level, an endeavor critical for businesses, governments, and financial services in this era of climate unpredictability.
The Problem at Hand
Climate volatility is not a distant threat but a present reality. From the devastating bushfires in Australia to unexpected winter freezes in Texas, the impact of climate change is profound and far-reaching. Traditional methods of assessing climate risk are no longer sufficient. This is where Cervest steps in. They address a vital need: providing detailed, actionable insights into how climate change can affect individual assets, be it buildings, infrastructure, or natural resources.
Technology Driving Change
At the heart of Cervest’s approach is EarthScan™, an AI-powered Climate Intelligence platform. This innovative technology melds vast amounts of public and private data with advanced machine learning and statistical science. The result? A groundbreaking tool that offers predictive, current, and historical views of climate risks like floods, droughts, and extreme temperatures. By analyzing data spanning over 50 years and projecting up to 80 years into the future, Cervest provides a level of detail and foresight previously unattainable.
Solving the Climate Puzzle
Cervest’s solution is comprehensive and forward-thinking. It doesn’t just lay out the risks; it helps stakeholders make informed decisions. Whether it’s a business looking to safeguard its assets or a government agency planning for long-term sustainability, Cervest offers the necessary insights. Their platform aligns with global financial disclosure guidelines, such as the TCFD, making it a crucial tool for organizations to understand and disclose climate-related risks.
A Vision for the Future
Cervest’s mission goes beyond just providing data. It’s about fostering a new era of climate resilience. By offering a freemium model with free, standardized climate risk assessments, they’re democratizing access to critical climate intelligence. This approach encourages a collective understanding and response to climate risks, which is essential in an interconnected world where the actions of one can impact many.
The Road Ahead
With a recent injection of $30 million in Series A funding and a total funding of $36.2 million, Cervest is poised to expand its influence, moving aggressively into the U.S. and European markets. The trust placed in them by investors is a testament to the potential impact of their technology in tackling one of the most pressing issues of our time.
Cervest’s journey is not just about technological advancement; it’s a vital part of our collective response to climate change. As we face an uncertain environmental future, Cervest offers a beacon of hope and a tool for action, helping us navigate the turbulent waters of climate risk with knowledge, foresight, and resilience.
[To learn more about Cervest and its groundbreaking work in climate intelligence, visit their website at https://cervest.earth/ and follow their journey as they reshape our approach to climate risk assessment and management.]
In this article, I’ve endeavored to provide a comprehensive yet accessible overview of Cervest, highlighting its innovative approach to tackling climate risk. Their work exemplifies the kind of forward-thinking solutions we need in facing the challenges of climate change. As they continue to evolve and expand their impact, Cervest’s role in shaping our response to climate risks will undoubtedly grow in importance.