dClimate Ecosystem Roundup Vol. 09: End-of-Year Edition
As the year draws to a close, we invite you to join us in looking back at the significant moments and achievements of the past twelve months. We launched impact-focused data products like Aegis, made more climate data available for free as a public good, established valuable global partnerships, and grew our thought leadership network.
Here's our story of 2023. Let's dive in! ⬇️
Decentralized Data Infrastructure
Let's start in January with the alpha launch of our data marketplace on Polygon's testnet. Since then, we have gathered user feedback, released updates, simplified user experience flows, and added new features such as data subscriptions.
We have also expanded the offering of free institutional-grade data by 30% and added dozens of new datasets to the dClimate API and marketplace. And new developer and data science tools, including software developer kits (SDKs), are on their way.
We also significantly grew our global data partner network, adding market leaders and experts like Shamba, Ubyrisk, and GecoSistema to our growing global community of data providers.
Look out for some exciting announcements on this front in the early parts of 2024!
Partnerships
The business development team has been working tirelessly on building and maintaining relationships with over a dozen partners.
New partnerships in 2023 include Rainforest Partnership, InclusionBridge, and WeatherLogistics, and we recently announced a historic MoU with the Democratic Republic of Congo, laying the foundation for our joint plan to safeguard the Congo Basin's rainforest and peatlands for future generations.
You can take a look at our Announcements page for a complete and growing list of our partnerships.
Blog Posts
We released a selection of blog posts related to dClimate's data infrastructure and marketplace. Robbie Heilberg authored an article detailing why we need an immutable record of Earth's climate data at the start of the year.
Our CEO and co-founder, Osho Jha, wrote an insightful piece about why we are building a decentralized marketplace for data, linked below.
Physical Climate Risk Assessment
In July, we announced Aegis, a comprehensive physical climate risk assessment platform. Leveraging our data infrastructure layer for historical datasets and predictive machine learning models, Aegis estimates average annual losses (AAL) for one or more global locations based on your selection of climate scenarios, hazardous weather events, and time range.
Blog Posts and Case Studies
We published a range of blog posts and case studies to explain the potential impact of physical climate risks, the benefits of assessing these risks early, and how Aegis can help in complying with updated climate-related financial reporting standards. The article linked below provides a comprehensive overview of use cases for physical climate risk assessments.
The three case studies we published provide more industry-specific insights, showcasing the versatility of Aegis' climate risk assessment capabilities.
We conducted physical climate risk assessments for:
- Tourism & Hospitality - a global hotel chain with 1,556 locations.
- Retail - a major North American retailer with 2,300 locations.
- Real Estate - a real estate investment trust (REIT) with 1,089 properties.
Other Media
Next to publishing articles on our own blog, dClimate has been in the news throughout the year in the context of climate insurance, including features in CoinDesk, Risk & Insurance, and Insurance Thought Leadership.
Digital MRV and Carbon Financing
September saw the release of the ecosystem application CYCLOPS, a next-generation platform for monitoring natural capital.
The voluntary carbon market has received significant scrutiny in 2023, which is why improving data integrity, transparency, and accountability is essential for scaling this climate financing mechanism. CYCLOPS is designed to address these issues through geospatial intelligence, remote sensing technologies, satellite imagery, advanced machine learning algorithms, and novel data-driven processes.
If you want to learn more about this breakthrough digital MRV platform, please read the announcement below!
CYCLOPS was introduced during ReFi NYC, dClimate's annual conference, which attracted over 700 registrations and 40 speakers this year. All the sessions have been recorded, and you can watch them below on our YouTube page. 👇
Protecting the Congo Basin - a Planned Partnership with the Democratic Republic of the Congo (DRC)
In December, during the 28th Conference of Parties (COP28) in Dubai, dClimate signed a memorandum of understanding (MoU) with the DRC, laying the foundation for our joint plan to identify and safeguard the most vulnerable areas of the Congo Basin rainforest and peatlands.
Under the planned partnership with the DRC, we intend to use CYCLOPS to provide high-resolution and high-frequency monitoring for conservation initiatives in the country, with the hope that open, transparent data can put a fair value on natural capital. You can read the announcement below for more information.
Our planned conservation partnership for the Congo Basin was previously discussed at ReFi NYC during a fireside chat between co-founder Sid Jha and Dr. Joseph Malassi, the diplomatic and climate change advisor for the DRC’s Ministry of Environment and Sustainable Development. Watch the video below for more in-depth information about this trailblazing public-private partnership.
Blog Posts and Panel Discussions
Throughout the year, we have published a number of blog posts related to digital MRV technologies and carbon financing mechanisms, including the introduction of dynamic carbon tokens.
We also hosted a livestream with Rainforest Partnership on Earth Day to talk about protecting natural capital with emerging technologies and on-the-ground efforts from local communities.
Additionally, dClimate's Head of Growth, Robert Heilberg, attended numerous events as a panel speaker to discuss digital MRV technology. Video recordings of these panel discussions are available via our YouTube playlist.
Most recently, our co-founders published a byline article. The piece provides more context about our planned partnership with the DRC and explains why safeguarding the Congo Basin, specifically, is essential to reduce the impacts of climate change.
Other Media
Our efforts to monitor and protect natural capital have not gone unnoticed. In this context, dClimate was featured in a number of articles, including write-ups from Chainlink, Global Finance Magazine, CoinDesk, and Bloomberg.
Moreover, co-founders Sid and Osho Jha were recently invited onto the ReFi Podcast. In the hour-long conversation, they covered a wide range of topics, including CYCLOPS, digital MRV technology, carbon financing, and the intrinsic drive for forest conservation. You can watch the video below or find the episode on your favorite podcast app.
Thank You! 💙
Throughout 2023, dClimate has received massive support from our growing community. We are grateful for all the interest, likes, questions, comments, and feedback.
The increased recognition in the regenerative finance movement and climate-related insurtech sector is fantastic to see. We are only getting started and have a lot of exciting developments in the pipeline for 2024. Stay tuned!
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