ClimateAi
Case Studies
Assessing Current and Future Climate Risks–at a Fraction of the Time and Cost
Overview
Assessing Current and Future Climate Risks–at a Fraction of the Time and CostClimateAi |
Cybersecurity & Privacy - Identity & Authentication Management | |
Agriculture Equipment & Machinery | |
Agriculture Disease & Pest Management Farm Monitoring & Precision Farming | |
Testing & Certification | |
Operational Impact
The company was able to secure the stability of the company’s supply to its customers — and even reduce its time to market for new varieties. The company assessed climate risk for two seed crops to inform decisions on long-term investment in these regions, as well as discovered alternative production regions for them to enable climate-smart geographic diversification. It also could understand portfolio-wide climate risk to build confidence in long-term investment strategy by identifying “tipping points” with tangible information about risks and dates to manage this risk by. Overall, ClimateAi reduced the costs of trials, lowered production losses (by finding more suitable locations more quickly), and enabled higher margins by finding locations that are more efficient for productions. | |
Quantitative Benefit
ClimateAi’s Climate Analogs Tool was able to accomplish in a few hours what the company had worked on for several years, at 10% of the cost. | |
ClimateAi found that a major risk, rising temperatures, would lead to an approximately 30% output decrease in the region within 20 years. | |
ClimateAi was able to determine what percentage of their production costs would be at risk — determining that the shift begins for half of locations within 4 years. | |