Tag: environment

Texploration Profiles: Pachama

January 24th, 2024

Harnessing Technology for Forest Conservation

In the battle against climate change, the role of forests as carbon sinks cannot be overstated. Enter Pachama, a San Francisco-based company that has risen to prominence in the fight to preserve and restore our planet’s green lungs. In this article, we will explore the innovative ways Pachama is addressing this global challenge, leveraging cutting-edge technology to make a real impact.

Pachama: A Snapshot

Founded in 2018 by Diego Saez-Gil and Tomas Aftalion, Pachama’s mission is rooted in a blend of environmental consciousness and technological innovation. The company operates at the intersection of food, agriculture, and land use sectors. With a clear focus on restoring nature to help address climate change, Pachama brings advanced tech to the world of forest carbon.

The Problem at Hand

The core issue Pachama tackles is the degradation and loss of forests worldwide. Forests are crucial in absorbing carbon dioxide, a leading greenhouse gas, from our atmosphere. However, deforestation and forest degradation hinder this natural process, exacerbating the climate crisis. The challenge lies not only in protecting existing forests but also in accurately measuring and monitoring their carbon capturing capabilities.

Pachama’s Technological Edge

At the heart of Pachama’s approach is the innovative use of remote sensing and artificial intelligence (AI). The company has developed a robust platform that utilizes machine learning models along with satellite imagery, Lidar, radar, and field plots. This technology enables Pachama to estimate the carbon stored in forests, monitor changes, and observe deforestation. By doing so, they provide a much-needed layer of transparency and accuracy in the forest carbon market.

Solving the Problem

Pachama’s solution is two-fold: a marketplace for carbon credits and a tool for evaluating forest carbon projects. Their marketplace connects businesses and individuals with high-quality carbon credits from projects focused on protecting and restoring forests. By leveraging AI, they ensure that these projects meet stringent criteria for carbon storage and sustainability.

The AI-based project evaluation tool marks a significant advancement in the field. It enhances the quality and transparency of the carbon market, employing a dynamic baseline approach to assess forest projects. This is crucial, as it allows for a more accurate representation of a project’s real impact on carbon sequestration.

Pachama stands as a beacon of hope in a world grappling with the effects of climate change. By intelligently combining technology with environmental stewardship, they are not just advocating for the earth’s forests but actively participating in their preservation and restoration. Their work exemplifies how technology can be a powerful ally in our quest for a healthier planet.

Pachama’s journey is more than just a business venture; it’s a testament to the potential of human ingenuity in addressing some of the most pressing challenges of our times. As we continue to explore the intersections of technology and environment, Pachama’s story is one that inspires and gives hope for a sustainable future.

Visit them at: https://pachama.com/
Texploration Profiles: Cervest

January 16th, 2024

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.

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New Tech, New Uses, Strategic Protection

Tag: environment

Texploration Profiles: Pachama

Texploration Profiles: Cervest