Climate action requires scalable and collaborative data sharing. Open data remains an important tool.
In the coming years, as the effects of climate change continue to worsen across the world, the financial impact will be immense. A recent study projects the global cost of climate-related damage could reach as high as $38 trillion per year by 2049, with lower-income countries bearing a disproportionately higher burden than high-income ones. Resilient financing solutions are essential to meet the scale of the challenge. In our fourth and final JLN spotlight, we highlight the benefits of the open data model for its ability to overcome finance challenges – and effectively unlock accessible, relevant climate data.