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title: AMBEE CLIMATE INTELLIGENCE PRD
tags: TALK SLIDE, talk slide, climate
description: View the slide with "Slide Mode".
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# Unleash the power!
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Keep your questions ready for the Q&A in the end
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## What is the big problem statement?
- Climate must be at the core of every decision for every business on the planet, however there is lack of accurate data.
- Despite Covid-19-related economic shutdowns, and more commitments to decarbonize our economy, climate-related extreme events accelerated as we experienced a record year of heavy storms, extensive flooding, severe droughts, widespread wildfires and extreme heat waves.
- Economic losses resulting from those damages add up to hundreds of billions of dollars.

## Extreme Heat

Future loss assessments point to the existential threat that climate change poses to our global economy. 200 of the world’s largest companies estimated that climate change would cost them a combined total of nearly US$1 trillion in the case of non-action. Global reinsurer Swiss Re, which developed a leading climate practice, asserted that “climate change poses the biggest long-term threat to the global economy”. If no mitigating action is taken, global GDP could shrink by 18% in the next 30 years.
## Flood Risk

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### Solution
To build a resilient economy in the face of our accelerating climate crisis, we need actionable “Climate Intelligence” that helps us understand and anticipate climate volatility and all of its potential impacts.
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### Who is most affected by this problem?
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### Who is most affected by this problem?
#### Product
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1. Ambee PlanetGlance (climate data)
2. Ambee ClimaStack ()
3. Ambee PARA (climate risk data)
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### Product Features
* Understand the opportunities and risks our changing climate presents to manufacturers and supply chains now and in future.
* Get access to personalized Climate Intelligence that empowers you to protect your physical assets and strengthen your supply chains – all backed by accurate climate essential variables and a cutting-edge climate science.
* Embed climate intelligence into transaction-level decisions with Ambee ClimaStack
* Banks, Asset Managers and insurance providers can now use the climate risk capabilities of PlanetGlance to integrate cutting-edge climate modeling research into decision making.(CHMC use case)
* Use the Ambee-PARA (Physical Asset Risk Assessment) forecast and immediate risk for credit decision making processes to correctly reprice the risk
* Optimize current portfolios and generate benchmarks for target investee instruments based on their underlying climate volatility
* Evaluate the financial impact of differing ‘climate shock’ stress testing scenarios
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### Architecture of extension
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