What is the role of AI in mitigating climate risks?
As climate change is impacting the global economy, companies worldwide are under increasing pressure from investors and regulators to understand and disclose how their business will be affected. It is essential for every company to disclose their climate risk and have a plan to mitigate the risks and adapt to the changes.
Discover the power of AI with
Minerva’s GAIA Climate Risk platform
GAIA helps to improve our understanding of the impacts of climate change, to adapt and identify new opportunities for multiple industries.
Climate change is impacting all business at all scales. We help understanding the impact of climate change to your business and take the appropriate steps to mitigate risks and understand opportunities.
With the emergence of Big Data and increased computing power, experts now have access to tools that evaluate risks at unprecedented accuracy. Communicating their findings to provide actionable insight, however, has remained a key challenge in disaster risk reduction for governments, insurers, and financial institutions.
Data aggregation at single building scale allows for analysis of natural hazard risks affecting the property accounting for current and future climate scenarios.
Pipelines, power lines, roads and railways cross thousands of kilometres of rugged terrain subject of various natural hazards. Identify where landslides, erosion or other hazard may jeopardize pipeline integrity before it happens can save millions and protect the environment.
Minerva’s GAIA Climate Risk empowers business owners, investors and portfolio managers to the impact of climate change to your business.
Explore our demonstration projects to see us in action.
Landslide Risk Index | Sea to Sky Highway, BC, Canada
Landslides cause in excess of $1 billion in damages and 25-50 fatalities every year in the US alone.
Minerva’s landslide risk index is backed by cognitive AI and helps you understand which assets are more likely to be impacted by landslides now, and under different climate change projections. Check out our Sea to Sky map to see how it can assist in the prevention and mitigation of landslide risks.
Flood Risk Index | North Vancouver, BC, Canada
Water is the new fire. Minerva’s Flood risk index is showcased in North Vancouver, British Columbia Canada. Our cognitive AI considers numerous Climatic and socio-economic datasets to generate risk scores for each individual asset. Check out our North Vancouver flood risk map to learn more.
Data Harmonization and Integration for Powerful AI Analytics
Modern AI solutions require standardized, consistent and interoperable data. We help organizations to understand their data and identify opportunities for AI analytics. Our experience in developing interoperable schema and metadata helps your organization align your data to international standards.
Our winning submission to the INSPIRE data challenge showcased how INSPIRE-aligned data can be leveraged for scalable climate risk applications. We extended the INSPIRE framework to assess landslide susceptibility and hazard in the province of Veneto, Italy.