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Adapting to the climate crisis with Jonas Torland from 7Analytics - TechCrunch

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Adapting to the climate crisis with Jonas Torland from 7Analytics

Welcome back to Found, where we get the stories behind the startups.

This week Becca and Dom talk about the seemingly endless slate of rainy Saturdays here on the east coast. Thankfully, this episode’s guest, Jonas Torland of 7Analytics, is helping us feel a little less gloomy about the current effects of climate change. Bergen, Norway-based 7Analytics built a data platform that powers tools and products for sustainable risk management. Their models can predict flooding or landslides, which help construction companies adapt to climate change. Torland also talked about:

- How 7Analytics balances responsibilities between four founders
- The difference between mitigation and adaptation startups and why it’s harder to raise in the adaptation space
- The challenges and opportunities of a Norwegian company expanding to the U.S.
- The important role startups are playing in fighting and adapting to climate change

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Related Knowledge Center: Climate economics

State of Play

Climate change is now a driver of the world’s economy. The impact is profound:

  • Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
  • Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
  • Investment in carbon capture and storage technologies is increasingly rapidly.
  • Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases. 

On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”

More informationabout Climate economics