SEATTLE, April 7, 2025 (GLOBE NEWSWIRE) — Earth Finance, a firm focused on sustainability strategies and financing based in Seattle, has acquired Climate Engine. This U.S. and Canadian company specializes in Spatial Finance technology, or SpatiaFi, which provides vital environmental and economic data. Their tools, powered by AI and cloud technology, help businesses manage risks related to climate change and enhance resilience.
Garrett Kephart, co-founder and CEO of Earth Finance, explained that integrating SpatiaFi will give clients a clearer view of the links between climate, nature, and economy. This understanding is essential for crafting effective strategies to mitigate risks and harness opportunities in a changing world. Companies that can innovate using insights from energy, water, and nature are more likely to succeed in the future.
SpatiaFi is not just about numbers. It offers real-time data and scientific methods, making climate and sustainability information more reliable and easier to use in financial decision-making. It helps businesses assess risks and returns based on their location and environmental factors. This means companies can better protect their assets from natural disasters and climate impacts, while also developing financial products aimed at climate-related challenges.
With such tools, Earth Finance aims to assist various sectors—including aviation, transport, technology, and banking—in recognizing the value of global environmental data for smarter business choices. Co-founder Reuven Carlyle emphasized that understanding the financial impact of natural resources and emissions will be crucial for future success.
This acquisition is part of a broader effort by Earth Finance to provide comprehensive solutions for the challenges posed by climate change. In the past two years, they have made two other significant acquisitions: Molecule LLC, focused on renewable fuels, and Water Foundry, which enhanced their expertise in water and nature issues. Each move aims to strengthen their ability to address long-term environmental risks and help clients seize new opportunities.
According to a recent survey from Harvard Business Review, organizations that actively incorporate sustainability into their strategies can see a 12% increase in profitability compared to others. This statistic highlights the growing business case for sustainability, demonstrating that the approach not only benefits the planet but also boosts the bottom line.
Jamie Herring, Ph.D., founder and CEO of Climate Engine, remarked that joining with Earth Finance will elevate the insights and strategies they can offer clients, helping them secure their businesses for the future.
Earth Finance’s mission is to speed up the global transition to sustainability by working with businesses, investors, and the public sector to create and implement effective solutions for today’s pressing climate challenges. For more details, you can visit Earth Finance’s website.
As businesses navigate the complexities of climate action, the need for reliable data and innovative strategies is more crucial than ever. Engaging with such advancements not only prepares companies for the future but also fosters a healthier planet for everyone.
Check out this related article: Ultimate Guide to Overcoming Climate Adaptation Challenges: Strategies for a Resilient Future
Source linkEarth Finance, Inc., sustainability, climate change, risk management, spatial finance, climatetech, cleantech, nature, resilience
