2-MINUTE BRIEF ON EXCITING NEW DEVELOPMENTS IN METHANE DETECTION
Dr. Jessica Hellmann, Geofinancial’s Chief Scientist, at COP27
Sharm El-Sheikh, Egypt, November 12, 2022
MethaneScan® data featured in Transparency report on 250 largest GHG emitters
Germany's FAZ features GEO in major story on methane leaks
GEO in the News ... Investors shine a satellite on methane leaks from oil and gas industry
Starting a Company: A Third Pathway to Climate Change Impact
When it comes to tackling climate change, Jessica Hellmann wears many hats.
The University of Minnesota’s Office for Research features Jessica Hellmann and her role in co-founding Geofinancial Analytics.
GEO announces 35x improvement in methane detection technology
Geofinancial Analytics is pleased to announce that its flagship data product, MethaneScan®, now features a 35x increase in precision over native 7x5 km satellite feeds. The image above illustrates the significance of this advance. This is great news for the planet too since stopping methane leaks represents the single best action we can take this decade to avert catastrophic climate change.
Relatedly, Geofinancial Analytics has been selected as the Data & Insights Provider for a high-visibility sustainability research program which will feature findings made possible by the new MethaneScan® technology. Stay tuned!
GEO wins 1st prize for best new climate technology for insurance
Geofinancial Analytics is pleased to announce that its MethaneScan® data product has been awarded first prize by Cookhouse Labs for the 2022 Global InsurTech Competition.
"Methane is going to be an incredibly important topic that needs to be addressed in the years ahead," says Paul Kovacs, Executive Director of the Institute for Catastrophic Loss Reduction and a 2022 Cookhouse Labs judge. "Your forward looking [MethaneScan®] product will allow for that to be done systematically with benchmarking, looking across companies. Outstanding work to clearly tie this new product to the immediate needs of the insurance industry, and to bring in insurance people to take the time to understand their needs and make this product work."
Global insurer highlights MethaneScan® as solution for strengthening resilience in face of emerging climate risks
A major global insurer, Howden, has highlighted MethaneScan® as a new solution for strengthening resilience in the face of emerging climate risks.
In a new white paper, Strengthening Organisation Resilience Through Risk Insight, climate action failure is identified as the #1 risk factor for organizations – ahead of pandemics and cybersecurity. Cutting methane emissions is recognized as the strongest lever we have to slow climate change over the next 25 years.
