Photo - Endangered Wildlife OÜ
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Endangered Wildlife OÜ

France
Market: Consulting, Services, Financial services, Other
Stage of the project: Prototype or product is ready

Date of last change: 06.10.2022
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Idea

We are the first software company that calculates the financial value of biodiversity on scale to include biodiversity in reporting, in decision making and for measuring impact return on investment.

Current Status

We have valued nearly 120 species, in 8 taxonomic groups, we have set up strong partnerships, signed 2 contracts, been recognised by the industry, became a member of the TNFD Forum, became official supporters of the UN Global Compact and won an Impact Award at the end of 2021.

Problem or Opportunity

The interest in sustainability and ESG measurement is exploding. There is significant attention directed towards carbon measurement and reporting and a means of solving the impending climate crisis that we are all facing within a generation. But carbon is only one small part of the story.

We need to accept that the climate crisis will never be achieved without first solving the biodiversity crisis. Biodiversity is often overlooked as it is not easy to understand or value, and without understanding the value, it is difficult to include biodiversity into decisions.

Solution (product or service)

To solve this challenge, we are equipping people with the tools to be able to integrate biodiversity and eliminate the confusion around understanding biodiversity and biodiversity measurements by giving a value that anyone can understand. The Biodiversity Valuator is the first and only machine learning software that calculates the financial value of biodiversity. This allows biodiversity to be included in reporting, in decision making and for measuring impact ROI. This is an exciting new solution that will directly address the issue of how to measure and account for biodiversity.

Business model

We currently offer the Biodiversity Valuator on a consulting basis, but once the software is developed, we will offer it as a SaaS. Our second product, the Environmental Footprint Calculator is already a functioning SaaS.

Incubation/Acceleration programs accomplishment

Omdena, EIT Climate-KIC
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