Climate CEOs: Scaling Startups
Flood Mapping: $2T Climate Adaptation Market — Bessie Schwartz, CEO of Cloud to Street
20 Oct 2022
Explore how Cloud to Street uses satellites, balloons, and big data to protect climate-vulnerable communities and unlock smarter flood insurance.My guest today is Bessie Schwartz, the Co-founder & CEO of Cloud to Street.Cloud to Street is the leading flood mapping platform designed to protect the world’s most climate-vulnerable communities.By harnessing global satellites, advanced science, and community intelligence, they monitor worldwide floods in near real-time and remotely analyze local flood exposure at a click of a button.Their mission is to ensure that all vulnerable governments finally access the high-quality information they need to prepare for and respond to increasing catastrophes.In addition, she is…A Strategist - Yale Program on Climate Change CommunicationAn Echoing Green Climate FellowResearch partner - Data-Pop Alliance - a global coalition on Big Data and development created by the Harvard Humanitarian Initiative, MIT Media Lab, and the Overseas Development InstituteIn this episode, we talked about the following:The relevance of her work to the recent flooding in Pakistan, leaving ⅓ of the country underwaterHow flooding is the #1 climate-related weather impactThe history of their company 10 years ago in partnership with GoogleThe difference between information and motivation to make the right decisionTheir business model of aligning incentives to help insurance companies underwrite more policies that accurately capture flood riskThe need to invest in climate adaption – which BoA estimates to be a $2T market in a few years – and not just climate mitigationHow they use 17 satellites, stratospheric balloon imaging, and drones to measure every square foot of the earth every dayWhat parametric flood insurance is a breakthrough for climate risk managementAnd lots moreHope you enjoy!And give Bessie and Cloud to Street a shoutout on LinkedIn or Twitter by sharing this podcast with your people.-------Entrepreneurs for Impact is on a mission to help climate innovators grow faster with new investment capital, share best practices among peers, expand their networks, and reach their full potential.Learn more:Climate CEO Mastermind Peer Groups — Our invite-only cohorts of 12 executives catalyze personal development and business growth via monthly meetings, annual retreats, and 1:1 coaching and strategy calls. Today’s highly curated Mastermind members represent over $8B in market cap or assets under management.Newsletter — A 3-minute weekly summary of climate tech, startups, better habits, and deep work.Programs are led by Dr. Chris Wedding — 3x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 60,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.
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