Tech Roadmap: Climate Risk Digital Solutions

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Executive Summary

This Tech Roadmap report unpacks the business value, pace of innovation and maturity of 21 digital technologies that can streamline climate risk assessments and monitoring. Verdantix performed an independent, fact-based analysis of the maturity, innovation, prospects and business value of each solution. This report should be used by risk managers, heads of net zero and sustainability executives to identify, assess and evaluate those technologies available on the market that are best suited for their climate risk analyses. Technology buyers can use the Tech Roadmap methodology to identify new technologies for pilot projects and to develop technology strategy plans. Risk-averse firms should focus on the potential of technologies with proven business value that are in the growth or maturity phases of the technology life cycle. Innovators and early adopters should take note of launch phase technologies.
Tech Roadmap Analysis As A Tool For Corporate Managers And Vendors
Key Questions Answered By Tech Roadmap Analysis
Tech Roadmap Aligns Investments With Business Value
Defining The Climate Risk Digital Solutions Market
Tech Roadmap Methodology
Identifying The Five Market Phases Of Technology Maturity
Three Technology Life Cycles Differentiate Business Value
Technology Adoption And Success Influence Positioning
Pace Of Innovation Determines Time To The Next Life Cycle Phase
Climate Risk Digital Solutions In Phase 1: Research And Development
1.1 Biodiversity Assessment Tools
1.2 Agent-Based Behavioural Modelling
1.3 Sea-Level Mapping
Climate Risk Digital Solutions In Phase 2: Launch
2.1 Real Estate Climate Risk Assessments
2.2 Parametric Insurance Data Models
2.3 Digital Twins For Asset-Level Climate Intelligence
2.4 Critical Event Management Software
2.5 IoT Platforms For Drought Monitoring 
2.6 Wildfire Monitoring Solutions
Climate Risk Digital Solutions In Phase 3: Growth
3.1 High Resolution Weather Forecasting
3.2 Extreme Heat Resilience Tools
3.3 Early Warning Flood Forecasting
3.4 Financial Portfolio Climate Risk Analysis Solutions
3.5 Supply Chain Sustainability Software
3.6 Carbon Management Software
3.7 ESG Reporting Software
Climate Risk Digital Solutions In Phase 4: Maturity
4.1 Asset Investment Planning (AIP) Software
4.2 Natural Catastrophe Modelling
4.3 ESG Scores For Climate Analysis
4.4 Risk Management Software
4.5 Public Sentiment Monitoring Solutions
Figure 1. Tech Roadmap Terminology Definitions
Figure 2. Tech Roadmap For Climate Risk Digital Solutions

About the Authors

Alice Saunders

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…

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Maya Hilmi

Maya Hilmi

Analyst

Maya is a Net Zero, Climate Risk Analyst. She is currently specialising in carbon management, ESG regulations, and identifying climate risk solutions. Prior to joining Verdant…

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Ryan Skinner

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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