Ten target opportunities for development, based on convening financial markets, the public sector, asset owners and science:
- Build a standards-based marketplace for environmental & financial data that unlocks public and private sector value
- Reduce friction in data sharing by addressing both business models, legal and policy challenges (e.g. IP, licensing, security, liability, regulation)
- Certification services to improve the reliability, provenance and trust of data publishing (e.g. automated data publishing certification)
- Enable data discovery (e.g. search) at web-scale: lay the foundations for the web of environmental data
- Develop policy frameworks that highlight climate-specific interventions to insurance, investment services and the broader financial ecosystem
- Increase the speed of technology readiness through an impact accelerator (Innovation Constellation)
- Unlock a hybrid public and private ecosystem around accessing data from global sensors, satellites and the internet of things (IoT)
- Maximise the market potential of public and private data registries (e.g. geospatial, asset registries)
- Enable the creation of automated analytics systems at-scale to increase the accuracy, reliability, granularity and accessibility of reporting (e.g. assets, organisations, trading schemes)
- Develop the foundations of a robust, secure, legal and fit-for-purpose data infrastructure based on an Open Environmental Risk Standard