Amazon and Microsoft partner on open source climate platform

 

Tech giants Microsoft and Amazon, together with Allianz and S&P Global have partnered on an initiative that aims to mobilise digital technologies to improve climate risk analysis and increase the funding of low-carbon solutions. As part of the initiative, partners will make use of artificial intelligence (AI) powered tools, open data, and open source (OS) analytics. The final outcome of the initiative is meant to be a digital OS-Climate platform that allows for a mapping of numerous economic and physical scenarios applicable to different geographies and business sectors. 

The tool will be available to investors and banks to develop financial plans according to climate issues.