Demystify Podcast: Modelling climate change risk with Lukky Ahmed of Climate X
In this latest episode of the Demystify Podcast, Dharmesh and Dave talk with Lukky Ahmed, co-founder and CEO of Climate X, a firm at the vanguard of highlighting climate risk through technological innovation.
With a rich background in international banking and expertise in risk management, regulatory change, and consultancy, Lukky shares how his experiences perfectly positioned him to address the critical data gaps in climate risk analysis.
Lukky demystifies Climate X’s new solution: a digital “twin” of Earth designed to map the probability and severity of extreme weather events decades in advance.
We also talk about Spectra, Climate X’s flagship tool offering detailed, location-specific risk ratings and loss estimates for climate-induced extreme weather events. Spectra is a platform for climate stress testing and scenario analysis, translating climate risks into tangible financial risks for sectors like banking, real estate, insurance, and government.
The conversation also explores the driving forces behind the increasing adoption of solutions like Climate X, including regulatory pressures, the undeniable financial implications of climate change, and a growing social consciousness about our planet’s future.
Join Dharm and Dave as Lukky Ahmed articulates his vision for Climate X’s role in fostering global resilience to climate change, influencing policies, and ultimately reducing human suffering due to climate risks. It’s a compelling narrative on the intersection of finance, technology, and sustainability, showcasing how innovation can lead the charge against one of the most pressing challenges of our time.
Thanks to Orama for editing this podcast. You can find out more about Orama and the services they offer here.
Take a look at the full catalogue of episodes on the Dave & Dharm Demystify Podcast homepage.
