Data ReFined #52: The First Citywide Parametric Flood Insurance in the U.S.

Data ReFined is dClimate's biweekly newsletter, delivering insights at the intersection of the voluntary carbon market (VCM), digital MRV technologies, climate risk management, and climate intelligence.

In this edition:

⛅ We Launched a New Website

Carbon Finance & Digital MRV
🌳 Open-Source Data Collaboration Aims to Transform the VCM
🌳 Amazon Launches Carbon Credit Investment Service
🌳 Why 2025 is the Year to Invest in Forests

Climate Risk Management
🛡️ The First Urban-Scale Parametric Flood Insurance in the U.S.
🛡️ WMO's Report on Significant Weather and Climate Events in 2024
🛡️ Arbol Strengthens Leadership Team with AI and Energy Storage Experts

Climate Data & Intelligence
🌎 New AI Weather Prediction System Can Run on a Desktop Computer
🌎 Spire Global Launches Two New AI Weather Models

Scroll down for our summaries of this news! 👇

dClimate's New Website

We’ve redesigned our website to highlight our mission and AI-driven suite of climate solutions. Whether it's natural capital monitoring, carbon markets, climate risk assessment, or real-time crop alerts, our platforms are built to drive impact across industries.

dClimate

Discover dClimate, the leading platform for accessing high-quality climate data and innovative solutions. Empowering businesses and governments to measure, monitor, and mitigate climate risks effectively. Explore our cutting-edge tools and take climate action today.

Open-Source Data Collaboration Aims to Transform the VCM

A coalition of over 30 organizations is developing an open-source data platform to enhance the transparency and integrity of the voluntary carbon market.

The collaboration includes Verra, the Voluntary Carbon Markets Initiative (VCMI), the Integrity Council for the Voluntary Carbon Market (ICVCM), and the International Emissions Trading Association (IETA), among other industry leaders. Read more →

Voluntary carbon market players collaborate on major new open-source data initiative - edie

More than 30 organisations specialising in carbon markets are collaboratively developing a new protocol to harmonise definitions and rules standardising data. The move should enhance transparency and improve data quality.

edieSarah George

Amazon Launches Carbon Credit Investment Service

Amazon has introduced a new carbon credit investment service, providing businesses within its network access to high-quality carbon offsets to support their corporate sustainability goals. ​Read more →

Why 2025 is the Year to Invest in Forests

With COP30 being hosted in the Amazon, 2025 is shaping up to be a pivotal year for forest conservation and the communities that rely on it. With the growing recognition of forests as critical carbon sinks, investment is scaling to protect these ecosystems while ensuring sustainable livelihoods. ​Read more →

The First Urban-Scale Parametric Flood Insurance in the U.S.

Fremont, California, has become the first U.S. city to implement a citywide parametric flood insurance policy, providing immediate funds for disaster response and recovery when predefined flood conditions are met. ​Read more →

A California City Is Pioneering Urban-Scale Insurance for Climate Disasters

“Fire took everything, please help.” The headline was one of hundreds like it on GoFundMe campaigns that launched even as the embers of the fires in the

Insurance JournalLeslie Kaufman

WMO's Report on Significant Weather and Climate Events in 2024

The World Meteorological Organization’s latest report on the state of the global climate highlights 151 extreme weather events in 2024, emphasizing the accelerating frequency and severity of climate disruptions worldwide. Read more →

Arbol Strengthens Leadership Team with AI and Energy Storage Experts

After securing $60 million in Series B funding, Arbol has expanded its leadership team across AI, agriculture, insurance, and energy storage, strengthening its position as a leader in parametric insurance and climate risk solutions. Read more →

New AI Weather Prediction System Can Run on a Desktop Computer

A research team at the University of Cambridge has published an academic paper showcasing a fully AI-powered weather prediction system called Aardvark Weather that promises to make forecasting up to thousands of times less resource-intensive. This opens up new opportunities for developing economies and industries reliant on real-time climate data. Read more →

Fully AI driven weather prediction system could start revolution in forecasting

A new AI weather prediction system, developed by researchers from the University of Cambridge, can deliver accurate forecasts tens of times faster and using

University of CambridgeSarah Collins

Spire Global Launches Two New AI Weather Models

Spire Global’s collaboration with NVIDIA has resulted in the launch of two AI-driven weather models that run 1,000 times faster than traditional physics-based models. The models provide forecasts ranging from 20 to 45 days, offering businesses a comprehensive and probabilistic understanding of weather patterns. Read more →

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