ClimateSnap is a platform that helps individuals, businesses, and investors manage the financial risks of extreme weather. Buyers can protect themselves from weather events through simple contracts, while investors earn returns by funding the pool that backs these contracts.
Contracts are "parametric," meaning payouts are triggered automatically when weather data shows that a specific event occurred (e.g., rainfall above a threshold, or temperatures below freezing). No claims process is needed—everything is data-driven.
Anyone exposed to weather risks can benefit—farmers, event planners, small businesses, or families with outdoor plans. Investors also benefit by diversifying their portfolio with an asset class that isn't tied to traditional stock and bond markets.
Once independent weather data confirms the event occurred, payouts are made automatically within a few business days.
Investors earn a premium every time a weather contract is purchased. Returns vary depending on contract demand and actual weather outcomes, but simulations suggest attractive, risk-adjusted returns.
For both buyers and investors, there exists a risk that the recorded occurrence of a covered weather event, as measured by independent satellite observations and/or weather station data, may not precisely correspond to the actual conditions experienced at the specified covered location. Weather stations may be situated several miles from the location, and satellite data is subject to limitations of resolution and accuracy. Accordingly, payouts are determined solely on the basis of data reported by the designated independent source, and no guarantee is made with respect to alignment between such reported data and localized, observed conditions.
We use trusted, independent sources such as NOAA, satellite data, and certified weather stations to verify events. This ensures fairness and transparency.
Yes. ClimateSnap complies with relevant financial market regulations, and we partner with licensed entities to ensure contracts are transparent and enforceable.
For buyers, it's fast, fair, and provides greater peace of mind against weather risks. For investors, it's a chance to earn high uncorrelated returns while supporting resilience against climate uncertainty.
