Climate X

#News is out! GV (Google Ventures) have led our Series A funding of $18 million, accelerating our global expansion and enabling us to meet rapidly increasing demand for our industry-leading financial climate risk solutions. The oversubscribed Series A investment round is supported by our existing investors CommerzVentures, Pale blue dot, A/O, Blue Wire Capital. We’re also delighted to welcome Western Technology Investment, PT1 and Unconventional Ventures to the Climate X family. We’ve redefined the category by driving top and bottom-line growth for our financial services clients with over $6.5 trillion in combined AUM, whilst also enabling their businesses to become more resilient to the impacts of a changing climate. This is an important milestone for Climate X. We’d like to thank our investors, team and clients for continuing to support our mission. Full press release 👉 https://lnkd.in/dxUijGP4 #climatetech #startup #venturecapital #growth #tech #innovation #climatechange #sustainability #finance #realestate #pressrelease #news

In a recent opinion piece, The New York Times author Jeff Goodell discusses the escalating climate risks in U.S. urban areas, emphasizing the potential for catastrophic outcomes if extreme heat and power outages coincide. The piece suggests that property markets must account for the increased risks of heatwaves, advocating for investment in resilient infrastructure and energy-efficient technologies to mitigate the impact of future climate events. Goodell emphasised: “One of the most dangerous illusions of the climate crisis is that the technology of modern life makes us invincible. Humans are smart. We have tools. Yeah, it will cost money. But we can adapt to whatever comes our way”. Full article👉 https://nyti.ms/4eHLQOv #climatecrisis #physicalrisk #climatescenario #heatwave #unitedstates

Bank of International Settlement (BIS) and Singapore’s MAS develop platform blueprint to tackle climate risks in finance. Key Takeaways • Project Viridis explores how regulatory and climate data could be integrated to provide insights into climate-related financial risks. • The project’s report outlines a blueprint for a climate risk platform that can be used to identify, monitor and manage climate risks in the financial system. • The platform uses technology architecture developed by the BIS Innovation Hub Singapore Centre and MAS, enhanced in collaboration with other financial authorities from around the world. Maha El Dimachki says, “As the impact of climate change on the global financial landscape intensifies, the need for adaptive and forward-thinking strategies has never been more urgent." "Project Viridis helps equip financial authorities with the insights needed to integrate emerging climate risks into their analysis – and thereby help promote global financial stability”. 👉 https://bit.ly/3RLaQup #climaterisk #bank #singapore #innovation #climatechange #sustainability #finance

Humanity is changing the climate which affects the oceans, including through rising sea levels. 🌊 Financial institutions and asset managers need climate risk data to know about the physical risks to their coastal assets from sea-level rise, in order to make adaptation and retrofitting decisions. We explore the implications of sea level rise in our latest article. Read it now 👉 https://bit.ly/3XEQDKs #sealevelrise #coastalflooding #climatechange #climateadaptation #realestate #finance

🚀🚀 Hear from Lukky A. and 🚀 Kamil Kluza, co-founders of Climate X, about our Series A with GV (Google Ventures) and our exciting journey ahead. GV (Google Ventures) Pale blue dot CommerzVentures Western Technology Investment noa (formerly A/O) Unconventional Ventures PT1 #SeriesA #VC #ClimateRisk #ClimateX #Startup #ESG #RiskManagement

🌟 Press Announcement: Equans & Climate X! 🌟 We are pleased to announce that Equans has partnered with Climate X to deliver leading climate resilience capabilities for the built environment. This collaboration brings together Equans' expertise in sustainable facilities management, engineering, and construction with Climate X's advanced climate risk analytics platform, Spectra. Together, we will help organisations better understand and mitigate the impacts of climate change on properties and infrastructure. By leveraging our combined strengths, we aim to future-proof buildings, safeguard communities, and create a more resilient and sustainable future. Welcome aboard, EQUANS! 🚀 Read the full press release here: https://bit.ly/3xKzsNd #ClimateResilience #Sustainability #Partnership #BuiltEnvironment #ClimateChange #News #ClimateRisk #ClimateTech #RealEstate #Finance 🔗 Learn more about Equans: https://bit.ly/4eQfP7d 🔗 Discover Climate X Spectra: https://bit.ly/3RNcRGD Equans UK & Ireland

Physical risks from flooding are shifting rapidly. In our latest article, we explore the variety of options that exist for retrofitting and adapting properties, so asset managers can select the most cost-effective combinations for their portfolios. Read it now 👉 https://bit.ly/4cDz0PG #FloodRisk #Flooding #ClimateChange #RiskManagement #DisasterRiskReduction #DisasterRiskManagement #assetmanagement

A recent study revealed that the excessive flooding that has devastated southern Brazil was likely worsened by human activities such as burning fossil fuels and deforestation. The unprecedented catastrophe resulted in 169 fatalities, destroyed residences and damaged crops, and its severity was amplified by deforestation, reduced investments, and human incompetence. Lincoln Alves, researcher at Brazil’s National Institute for Space Research, said: “This attribution study confirms that human activities have contributed to more intense and frequent extreme events, highlighting the country’s vulnerability to climate change. It is essential for decision-makers and society to recognise this new normal.” News article👉 https://bit.ly/4cgOXvm Full study results 👉 https://bit.ly/4cgqAOp #climatechange #climatecrisis #flooding #physicalrisk #brazil

UK political party leaders are called to accelerate adaptation and resilience actions in line with UK Government’s Climate Change Risk Assessment policy. Key Takeaways: • Over 400 climate change experts have published an open letter urging UK political leaders to adopt an ambitious climate programme if they win the 4 July General Election. • Among key demands, experts urge to accelerate adaptation across all UK sectors to build resilience against unavoidable climate change impacts, as per UK Climate Change Risk Assessments, and prioritising climate action for the next five years to safeguard future generations' prosperity and well-being. Full Press Release 👉 https://bit.ly/45sa6A0 Open Letter 👉 https://bit.ly/4epOnwM #climatechange #climaterisk #uk #politics

From founders who led stress-testing and risk transformation programs at world-leading banks to guiding GV (Google Ventures) through a $18M Series A, discover how Climate X has established a robust reputation in the risk industry and is reshaping its future. Read Mike Butcher's article on TechCrunch: https://lnkd.in/dDX-ith3 #ClimateX #ClimateRisk #SeriesA