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Climate and Environmental Risk Analytics for Resilient Finance

Fund Name

SBRI - Climate and Environmental Risk Analytics for Resilient Finance: Phase 1

Project Length

Up to 3 months

Project Value




This competition is coming soon and opens to applications from 17/01/22.

The aim of this competition is to address the lack of focus on climate and environmental risk (CER) in the financial services industry as part of net-zero carbon ambitions. It is looking to demonstrate and deploy innovative solutions that integrate climate and environmental factors into financial services.

The industry is defined in broad terms and includes public investment vehicles, banking, project finance, insurance, and asset management. Climate and environmental variables cover the range of data that track changes in weather, emissions, pollution, biodiversity, and natural assets.

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Fund Details

In phase 1 you must prototype a CER solution adapted for widespread use in financial services, including public investment. Your project must have the potential to create substantial positive climate and environmental impact and change business-as-usual in the finance industry. You must:

  • demonstrate you have a finance industry end-user or customer to deploy your solution
  • ensure that the product or service being developed is scalable and commercially viable

Your project must focus on one or more of the specific themes:

  • public sector investment
  • physical risk
  • transition risk
  • litigation risk
  • impact disclosure
  • climate outcomes

Phase 1 product prototyping, covers user testing, technical stress-testing, or critical investigation to gain new knowledge and skills for deploying new products, processes or services. Additionally, you will work closely with the end-users or customers to develop a solution.


Your project must:

  • start by 1 June 2022
  • end by 31 August 2022
  • last up to 3 months
  • have maximum total eligible costs of up to £50,000 inclusive of VAT

To lead a project, you must:

  • be an organisation of any size
  • work alone or with others from business, research organisations, research and technology organisations or the third sector as subcontractors

If you can justify subcontracting components of the work, you can employ specialist consultants or advisors.

Talk to us today if you would like to apply for this opportunity.

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