Climate change has begun affecting our lives in different forms at various levels. The consequences are uncertain, and it will trouble the business sector as well. Confronting the issue, a London-based startup Cervest is is building an AI-first platform to help businesses, governments, and growers adapt to climate volatility. And, the startup has raised a £3.7 million investment to develop its platform.
How Climate Risk Affects Businesses?
Climate change can bring extreme effects like landslides, floods, earthquakes, and so on. It brings risk in human lives, so does in the sustainability of businesses. The natural disasters and the related pressures can damage the office and human resources.
Also, it brings ramifications to particular business sectors, especially food distribution and construction. A frequent climate change can dangerously harm the food distribution sector. The climate volatility needs to be predicted and should bring clarity to decision making.
How Can Cervest Help Businesses To Tackle Climate Change?
Cervest aims at bringing “clarity to decisions on climatic and extreme events” by merging data science and AI. The platform aggravates the fragmented and scattered data to forecast the upcoming challenges with the integration of AI. More than predicting, Cervest’s AI-based software tells how the planet’s natural resources will respond to climatic and extreme events. The quick distribution helps the firms to take the immediate necessary decision.
The startup primarily focuses on food and beverage producers and growers. The application of the technology to the sector will be securing food supply, effective in-season planning, and so on. It also ready to help governments to build a plan for effective natural capital management.
Currently, the team is working on a dynamic map of the planet, mainly based on Earth Science data. With this, Cervest is paving a path of the merging of AI and Earth Science.
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