⇨⇨⇨ Provocation & discussion paper open to comment
(slides used in the Friday 17th presentation)

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Overview

We call on policymakers and the financial sector to … collaborate to bridge the data gaps
to enhance the assessment of climate-related risks”

Governor of Bank of England Mark Carney, Governor of Banque de France François Villeroy de Galhau,
Chair of the Network for Greening the Financial Services Frank Elderson, 2019-04-17

Icebreaker One is a global initiative to radically increase the accessibility of data required to address a wide range of environmental risks that affect us all.

It is a multi-stakeholder collaboration to enable the publishing of public and private information online that will help people find and use it for both public and private goods.

While technology is an important component, this is not a technology-led initiative—our focus is to join together use-cases and address the enabling conditions that will unlock data, information and knowledge. We aim to catalyse a marketplace for environmental data by addressing market friction in licensing, policy and business models.

We have no poverty of ambition. Our aim is to dramatically affect a global transition from risk ignorant to risk informed; to translate data into pragmatic investment. We believe this could help unlock $trillions in investment through diverse products and services that will be delivered through the financial sectors (e.g. infrastructure investment, bonds, insurance, resilience funding, and so on).

To do so, we will address business models, product innovation, policy, processes, licensing, security, ethics, technology and communications practices to help enable organisations in the public and private sectors to collaborate. This will help unlock the value of the web of environmental data—at-scale—by addressing the practicalities of managed interoperability.

We believe there are substantial issues around reliable data sharing that, if addressed, could create a step-change in the ability for domain experts to affect change. These include, but are not limited to:

What’s next?

We published our initial findings at the UNISDR Global Platform in May 2019. Why? Because of stories like these.