CLIMATE CHANGE COVERED

CLIMATE CHANGE IS A CLEAR &

PRESENT THREAT TO HUMANITY

The Problem

Climate change poses significant risks to global financial stability in the form of physical and transition risks into a low carbon economy. Private enterprises and governments are not equipped to price climate-related risks and opportunities correctly.

Who we are

mistEO is a CLIMATE FINTECH company providing climate change adaption know-how and technologies to private enterprises and governments to overcome the cost of climate change.

What we do

We integrate a wide range of data sources, including satellite imagery, IoT, stationary sensors, radar and third party data into our proprietary platform to deliver climate intelligence services.

Our Technology

Our proprietary platform orchestrates Spatio-Temporal Analytics, Weather Modelling, Machine Learning and Blockchain coupled with our in-house expertise in Climate Economics and Actuarial Science.

Creating healthy and prosperous global communities - now and for future generations

Impacts of climate change

HOTTER TEMPERATURES

Nearly all land areas are seeing more hot days and heat waves; 2020 was one of the hottest years on record. Higher temperatures increase heat-related illnesses and can make it more difficult to work and move around. Wildfires start more easily and spread more rapidly when conditions are hotter.

SEVERE STORMS

Changes in temperature cause changes in rainfall. This results in more severe and frequent storms. These cause flooding and landslides, destroying homes and communities. Storm damage resulted in the largest economic losses around the globe, costing billions of dollars.

DROUGHT

Water is becoming scarcer in more regions. Droughts can stir destructive sand and dust storms that can move billions of tons of sand across continents. Deserts are expanding, reducing land for growing food. Many people now face the threat of not having enough water on a regular basis.

WARMING & RISING OCEANS

The ocean soaks up most of the heat from global warming. This melts ice sheets and raises sea levels, threatening coastal and island communities. The ocean also absorbs carbon dioxide, keeping it from the atmosphere. More carbon dioxide makes the ocean more acidic, which endangers marine life.

POVERTY & DISPLACEMENT

Climate change increases the factors that put and keep people in poverty. Floods may sweep away urban slums, destroying homes and livelihoods. Heat can make it difficult to work in outdoor jobs. Weather-related disasters displace 23M people a year, leaving many more vulnerable to poverty.

FOOD SECURITY

Changes in climate and increases in extreme weather events are among the reasons behind a global rise in hunger and poor nutrition. Fisheries crops, and livestock may be destroyed or become less productive. Heat stress can diminish water and grasslands necessary for grazing.

BIODIVERSITY LOSS

Climate change poses risks to the survival of species on land and in the ocean. These risks increase as temperatures climb. Forest fires, extreme weather and invasive pests and diseases are among many threats. Some species will be able to relocate and survive, but others will not.

HEALTH RISKS

Climate change is the single biggest health threat facing humanity. The impacts are already harming health through air pollution, disease, extreme weather events, forced displacement, food insecurity and pressures on mental health. Every year, environmental factors take the lives of around 13M people.

GREEN ECONOMY

A green transition, including a shift to renewable energy, the manufacturing of electric vehicles and construction of energy-efficient buildings could yield a direct economic gain of $26 trillion through 2030 compared with business-as-usual. This could produce over 65 million new low-carbon jobs.

Our Services

Climate Cover - Parametric Insurance

Our next generation hyper-localised climate insurance helps protect your property and assets from the impacts of extreme weather events

Early Warning Systems

Our proprietary platforms help businesses and governments identify extreme weather conditions, life-threatening or illegal activities so they can manage risk

Catastrophe Risk Modelling

Our insights help finacial institutions price climate and weather related risk for the various portfolios they service including property and business loans

Geospatial & Weather AI

Our proprietary platforms are tailored to help businesses and governments optimise performance by providing better forecasting and risk management

Computational Sustainability

From calculating ROI of energy assets to carbon sequestration, we help businesses facilitate climate change adaption as we move to a net zero world

Global Recognition

mistEO has been globally recognised as a leading ClimateTech startup by accelerators in Asia, US and Europe

SDG Committment

mistEO recognise that ending poverty and other deprivations must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth – all while tackling climate change and working to preserve our oceans and forests.

From helping farmers through our Climate Cover, to lightning detection, to carbon sequestration, to illegal deforestation, to human-elephant conflict - mistEO is here to make a positive impact on global communities.

WEATHER | ARTIFICIAL INTELLIGENCE | BLOCKCHAIN

Partners

News

mistEO wins Social Alpha Challenge supported by Bill & Melinda Gates Foundation and Tata Trusts

The second edition of Social Alpha's Agritech Innovations Challenge saw over 140 applications from startups with transformative technologies that address challenges faced by smallholder farmers in Uttar Pradesh. These startups were evaluated through a 5-stage process where mistEO was one of 17 winning startups working in critical areas of agriculture that form the core of Social Alpha's agri tech thesis.

mistEO awarded top three startups from Kiuas Demo Day 2021

Kiuas, Finland's top accelerator selected 25 startups from across the globe for their first international batch. Teams spent seven weeks being challenged by no less than 68 coaches, all culminating in their three minute pitch at Demo Day 2021.

mistEO graduates from the Nexus Incubator

Nexus is a collaboration between the U.S. Embassy, New Delhi and ACIR to showcase the best of American and Indian entrepreneurship, innovation and technology commercialisation.

Get In Touch

India

II/287, R K Sadanam, Punkulam, Vellayani,

Thiruvananthapuram, Kerala 695522

 

Australia

L22/120 Spencer Street,

Melbourne, Victoria 3000

TOP