Better data, models & risk mitigation for insurance
Home protection & hardening
Faster, more ubiquitous detection
Better ways to reduce or eliminate powerline ignitions
Groundwater monitoring, management, and remediation
Better approaches to applying floodwater to groundwater recharge
Alex Laplaza listed the following customer segments for adaptation startups:
Insurance companies (they need help quantifying risk)
Other financial players (also need to adjust for risk when making investments). That includes ‘transition risk’ (e.g. if you’re investing in a new LNG terminal) but also physical risk.
Landholders and real estate owners, both to protect them from physical damage (e.g. fireproof your home), to reduce the risk of physical damage (for example, Lowercarbon invested in Burnbot, which does controlled wildfires), and to warn them about possible physical damage.
Companies that need reliable access to water and electricity
More accurate flood risk maps and sea level rise maps (e.g. for insurance companies and real estate developers, reinsurance companies, municipal governments)