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Businesses, researchers, and government bodies can utilize Gspatial.ai’s historical air quality and weather data to mitigate climate change loss through deep insights and strategic decision-making
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Ambee, a climate intelligence company that supplies hyperlocal environmental data in real-time, has launched Gspatial.ai, a new offering that provides historical air quality and weather data to businesses and governments across 70+ countries all over the world. The service includes street-by-street hourly air quality and weather data spanning the last 20+ years.
Ambee’s Gspatial.ai will benefit healthcare, pharma, insurance, logistics, retail, and even government bodies. Gspatial.ai helps mitigate the risks of climate change through deep and actionable insights on environmental factors, helping companies assess risks and make sound business decisions. Businesses can easily shop for historical air quality and weather data through Gspatial.ai’s website or a purpose-built API dashboard.
Commenting on the launch of Gspatial.ai, Madhusudan Anand, CTO and Co-Founder, of Ambee, said, “Our mission is to improve the health of millions of people but also the planet itself by developing products that can impact those affected by climate change.”
He added that Gspatial.ai is a step in that direction, with easy access to reliable and accurate historical information on hyperlocal environmental factors. “This will help businesses understand how environmental events can have an impact on revenue. Industries such as oil & gas, energy, automobiles, insurance, healthcare, agriculture, and forestry are amongst the most vulnerable to climate risks. Businesses can use historical environmental data when looking at capital allocation, development of products or services, and supply-chain management. Through this product, we hope businesses can stay resilient to climate disasters, profitable and sustainable while helping their customers stay healthy,” explained Anand.
Then and Now
The Swiss Re Institute’s recent Climate Economics Index stress test reported that the global economy could lose up to 18% GDP from climate change by 2050. Further, the Environmental Research Letters journal at the University College of London, reports that by the year 2100, climate change will cost the world six times more than originally thought. The United in Science 2021 report says that the average global temperature was the highest on record for the last five years. Carbon dioxide levels are at their highest in 650,000 years. This past year has also recorded extreme weather and climate calamities, an effect of human-induced climate change.
It is clear that climate change is a huge risk to all businesses. Access to accurate and historical environmental data can help reduce loss and insulate against further risk through adaptability and climate resilience.