The role of venture capital in climate resilience
Summary
Read on to learn about the role our ventures play in building a world where everyone can prosper.Frontier markets are particularly vulnerable to the impacts of climate change extreme weather events, reduction in land for agricultural activities, reduced availability of water, and market shocks are increasing the risk of food insecurity, conflict, and displacement. Were seeing the market for climate adaptation solutions growing and have intensified our focus on climate resilience.We are building a constellation of investments across three themes of financial resilience, adaptive agriculture and livelihoods, and climate-smart communities, that collectively give individuals and communities the agency to adapt and thrive in the face of climate change.Cloud to Street is a deep science platform that allows governments, NGOs, and insurers to accurately assess, price, transfer, and respond to catastrophic flood risk, plugging the global insurance gap in real time.Ignitia provides hyper-local weather forecasts for farmers in the tropics with enhanced accuracy from AI. Their team is currently reaching around 1.7 million farmers with 24-hour forecasts that are 2050% more accurate than others.Meridia provides an end-to-end solution for land and property documentation for farming communities. Their aim is to ensure that farmers have greater income stability and are able to access decent loans with proof of insurance, resulting in higher agricultural yields through the ability to invest in improved production.Pula designs and delivers innovative agricultural insurance and digital products to help smallholder farmers endure yield risks, improve their farming practices, and bolster their incomes over time.Topl is a blockchain protocol that provides traceability and transparency up and down the supply chain. This aims to revolutionize how businesses engage with, prove, market, and monetize sustainable practices, and ultimately strengthens the entire system.Turaco provides affordable health and life insurance for low-income workers, many of whom are climate-induced urban migrants.