Market Insight: AI Extends Use Cases For Geospatial Data In Climate Analyses

Report

Climate Financial Data & Analytics

Alice Saunders

Ryan Skinner

27 Sep, 2024

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Executive Summary

Geospatial technologies, with AI-powered processing and analytics, can offer timely and cost-effective insights for sustainability professionals seeking to understand and make decisions on their biodiversity impact, climate risk exposure and emissions reductions strategies. This report details how the geospatial data market has changed over the past few years and outlines the key climate-related use cases for geospatial technologies. Software vendors and investors should use this report to understand the market and to inform their decisions to invest in, develop or acquire geospatial toolkits.

Table of contents

Geospatial data will be a vital part of businesses’ climate toolkits
More geospatial data, coupled with AI-powered interpretation, can change the game
Six use cases where AI and geospatial data serve climate strategy

Table of figures

Figure 1. Geospatial data technology stack
Figure 2. Why geospatial data provide useful climate insights

Organisations mentioned

Airbus, Alphabet, AlphaGeo, Amazon Web Services (AWS), AzurX, Carbon Mapper, CARTO, Climate TRACE, Climate X, CLIMsystems, Copernicus, Deloitte, Earth Blox, Environmental Defense Fund (EDF), Esri, EU, GHGSat, Google, Google Earth Engine, IBM, Institution of Civil Engineers (ICE), International Energy Agency (IEA), Lockheed Martin Corporation, Maxar Technologies, Maya Climate, Meta, MethaneSAT, Microsoft, Mitiga Solutions, NASA, NatureAlpha, NatureServe, Overstory, Picterra, Planet Labs, PropEco, PwC, Royal HaskoningDHV (formerly Ambiental), RS Metrics, Satellogic, Sourcemap, Space Intelligence, Space Ventures Investors, Swift Geospatial, Sylvera, Task Force on Climate-related Financial Disclosures (TCFD), Trase, Trimble, UN, UNEP, Verisk Analytics, Verra, Vibrant Planet, Wolters Kluwer Enablon, Workiva, World Bank Group

About the Authors

Alice Saunders

Industry Analyst

Alice is an Industry Analyst in the Verdantix Net Zero & Climate Risk practice. Her current research agenda focuses on climate risk solutions and biodiversity. Alice holds...

Ryan Skinner

Research Director

Ryan is a Research Director at Verdantix, where he leads a team of analysts delivering research, data and advisory services that help clients navigate the fast-evolving landsc...

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