High resolution environmental data can be used in the realm of insurances. Hawa Dawa and MunichRe have created a new impact bond product based on air quality data. This way, cities can mitigate the financial risk of taking measures to improve air quality – and increase their return on investment at the same time.
Cities can benefit from engaging in impact bonds by sharing responsibilities and increasing the impact of their measures.
Financial Service Providers
Financial service providers can expand their portfolio and increase their share of green bonds and initiatives.