Bloomberg, Partners Launch Satellite Climate Data Solutions Initiative

Bloomberg, Partners Launch Satellite Climate Data Solutions Initiative

Bloomberg Philanthropies, in partnership with Earth-imaging company Planet and the State of California, has announced a new initiative that will use satellite data to inform and accelerate climate protections.

Announced at the Bloomberg Global Business Forum, the Satellites for Climate Action initiative will bring together governments, philanthropists, environmental groups, and tech firms around the use of satellite technologies to monitor greenhouse gas emissions and turn the data into actionable information. Building on Planet's ability to acquire near-daily imagery of Earth's entire landmass via the largest constellation of Earth-observing satellites in orbit, the initiative aims to fill critical data gaps in climate monitoring and environmental research and map and analyze problem areas with greater accuracy, efficiency, and geographical precision. Using the resulting data and analyses, the initiative will work with governments and environmental organizations to enact more targeted and effective warming mitigation strategies.

To that end, the initiative will focus on three areas: analyzing coal-fired plant emissions; exploring a new generation of satellite technologies with enhanced capabilities that can detect greenhouse gases such as methane and carbon dioxide; and developing new geospatial analytics that inform and accelerate conservation efforts focused on forests, coral reefs, and other critical ecosystems.

"Data is one of the most powerful tools we have in the fight against climate change," said former New York City mayor and Bloomberg Philanthropies founder Michael R. Bloomberg. "The better we can measure factors like greenhouse gas emissions and deforestation, the faster and more effectively we can address them, and the easier it is for the public to hold leaders accountable. This partnership will empower governments and businesses to take action, and it's an example of what's possible when the public and private sectors work together. California has been a pioneer in using satellites to fight climate change and we're looking forward to working with Governor [Gavin] Newsom and his team."