The Rush to Profit from Climate Intelligence
Document Type
Article
Publication Date
10-20-2023
Publisher
Climate & Capital Media, LLC
Language
en-US
Abstract
Can the private sector be trusted to provide climate data equitably or reliably?
As the climate crisis escalates, so too is demand for information about physical risks, like floods, droughts, hurricanes, and wildfires. For a growing number of investors, insurers, and financial services providers, the information is climate gold. It is used to allocate equity capital through active and passive investments and to influence insurance premiums, which affect housing prices and cause demographic shifts. The data is also considered in municipal bond ratings, thereby serving as a mechanism for prioritizing infrastructure projects that protect certain neighborhoods over others.
Recommended Citation
Madison Condon,
The Rush to Profit from Climate Intelligence
,
Climate & Capital Media
(2023).
Available at:
https://scholarship.law.bu.edu/shorter_works/285
Publisher URL
https://www.climateandcapitalmedia.com/the-rush-to-profit-from-climate-intelligence/
