Data ReFined #39: A Basic Income Pilot Program for Indigenous Communities to Protect the Amazon Rainforest
⛅ Data ReFined is dClimate's biweekly newsletter, delivering the latest insights on carbon finance in the voluntary carbon market (VCM), climate risk management, and climate data.
In this edition:
Carbon Finance & Digital MRV
🌳 Basic Income Helps Indigenous Communities Protect the Peruvian Amazon
🌳 The Role of Insurance in the Voluntary Carbon Market [podcast]
🌳 Debt Financing for Carbon Removal Projects
Climate Risk Management
🛡️ Extreme Weather and Insurance in the U.S.
🛡️ Home Insurance and Climate Risks
🛡️ The State of Earth's Tipping Points [video]
Climate Data & Intelligence
🌎 NOAA Reports on the State of the Climate in 2023
🌎 European Space Agency Launches Sentinel-2C Earth Observation Satellite
🌎 National Weather Service Completes Upgrades to Weather Radars
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Basic Income Helps Indigenous Communities Protect the Peruvian Amazon
A pilot project in Peru provides roughly $2.50 per day to 188 individuals from Indigenous communities to help preserve 1,823 acres of natural capital in the Amazon rainforest. By addressing poverty, a key driver of deforestation, the initiative aims to relieve financial pressures on families and stimulate forest conservation efforts. Early results of the program appear promising.
Read the article from The Guardian for more details:
Graeme Green
The Role of Insurance in the Voluntary Carbon Market [podcast]
The latest Risk in Context podcast episode explores various types of carbon credits, the challenges in the voluntary carbon market, and the crucial role insurance plays in supporting the market's growth and evolution. Listen Here
Debt Financing for Carbon Removal Projects
Kumo has unveiled the Loan Modeler, a free tool offering insights into how debt financing strategies impact cash flows for carbon removal projects. This alternative to equity-based funding could increase capital flow and initiatives in the carbon removal market. Read More
Extreme Weather and Insurance in the U.S.
Climate perils already significantly affect certain regions of the U.S., such as wildfires in the West and flooding in the Southeast. Due to increased weather-related losses, many insurers struggle to provide adequate coverage in these areas, especially in real estate. The article below explores these challenges and presents various long-term climate scenarios to offer a broader perspective.
Find more detailed insights via the link below:
Jeff Masters
Home Insurance and Climate Risks
The U.S. home insurance market faces severe issues as climate risks drive insurers out of high-risk areas, raising premiums and leaving homeowners with limited options. This instability worsens housing insecurity, prompting calls for systemic changes and potential government intervention to stabilize the market. Read More
The State of Earth's Tipping Points [video]
Johan Rockström, a professor of environmental science, delivered an informative presentation at the latest TED conference. In 18 minutes, he offers a comprehensive, up-to-date scientific assessment of Earth's planetary boundaries. Watch Video
NOAA Reports on the State of the Climate in 2023
NOAA's National Centers for Environmental Information has compiled a report featuring global climate indicators, significant weather events, and data from monitoring stations worldwide. This detailed update on Earth's climate incorporates contributions from over 590 scientists across nearly 60 countries.
Read the most important findings of the report below:
European Space Agency Launches Sentinel-2C Earth Observation Satellite
The European Space Agency (ESA) successfully launched the Sentinel-2C satellite into orbit, completing the constellation for continuous data coverage of Earth. The Sentinel mission provides high-resolution optical imagery for monitoring land cover, agriculture, and natural disasters. Read More
National Weather Service Completes Upgrades to Weather Radars
The National Weather Service (NWS) has extended the lifespan and improved the capabilities of 159 weather radars in the United States. The upgrades include new digital signal processors, transmitters, and emergency generators. Read More
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