Bloomberg New Economy Catalyst: Abhilasha Purwar

The video discusses the importance of analyzing satellite data to understand climate risks like wildfires, floods, and extreme heat. It highlights the potential of climate change to trigger financial crises, similar to the 2008 crisis, due to unaccounted risks in sectors like real estate. The need for high-resolution climate data in financial decision-making is emphasized, with predictive analytics playing a crucial role. The speaker outlines expansion plans for climate tech, particularly in India, and stresses the urgency of addressing climate change to prevent systemic economic shocks.

What type of data is used to assess climate risks such as wildfires and floods?

• Financial data

• Satellite data

• Social media data

• Survey data

How does climate change pose a risk to the financial system?

• By increasing the number of financial institutions

• By potentially triggering a global financial crisis

• By reducing the need for financial regulations

• By causing inflation in technology sectors

What is the role of Blue Sky Analytics in the context of climate data?

• To transform environmental data for decision-making

• To offer financial loans

• To develop social media platforms

• To provide entertainment content

What is a significant risk to the real estate market in California?

• Lack of infrastructure

• Wildfires

• High interest rates

• Overpopulation

What is the potential impact of not incorporating climate data into economic systems?

• Decreased global trade

• A significant economic shock

• Economic stability

• Increased tourism

What advantage do Indian startups have in the climate tech market?

• Exclusive access to global markets

• High capital efficiency

• Lack of competition

• Government subsidies

What is the urgency in addressing climate change according to the speaker?

• To prevent a late wake-up call

• To increase global temperatures

• To reduce the number of startups

• To maintain current energy supplies