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December 17, 2024 50 mins

In this episode, we dive into the complex world of climate risk and how it's reshaping global financial markets.
Our guest is Dr. Ron Dembo, founder and CEO ofRiskThinking.AI. RiskThinking.AI leverages their digital twin of the Earth to offer the only probability-based, integrating different climate scenarios, expert insights, and millions of data points to measure and model climate financial risk. See it in action atask.riskthinking.ai.

In our conversation, we cover

  • Why climate risk requires new approaches
  • How understanding climate risk can accelerate the switch to a low-carbon economy
  • The impact of climate risk on credit ratings and long-term stability
  • RiskThinking's collaboration with Canada's financial regulator
  • Why more Canadian businesses should back home-grown innovators

About Dr. Ron Dembo

Dr. Dembo has made significant contributions to mathematical algorithms and finance, and is a leading authority on financial risk management. Dr. Dembo worked on methods for solving large-scale nonlinear equations as a professor at Yale and a visiting scholar at MIT, and was honoured as a Lifetime Fellow of the Fields Institute of Mathematics in 2007. Dr. Dembo previously founded Algorithmics (acquired by Fitch Ratings), an enterprise risk management platform for the world’s top banks, and Zerofootprint, one of the first companies focused on measuring and reducing carbon footprints.

Episode Notes

If you liked this episode, please leave a review! You can also send feedback and ideas for future episodes to hello@climatetechcanada.ca.

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