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2024 KCP Application
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WeavAir
Org Type
For Profit
Year Founded
2020
Project
Company
Financials
Customers & Partnerships
Primary Project Category:
Project Summary / Description:
The lack of accurate real-time data on ESG risks and climate change carries significant impacts on the financial performance of assets & threatens infrastructure & climate adaptation, while leading to disclosure gaps, misreporting and greenwashing. WeavAir got started by a team of passionate engineers, computer scientists, lawyers and financial industry professionals, who identified a massive untapped opportunity to better protect corporations and governments against climate & ESG risks. Natalia Mykhaylova spent the last 10 years working as an engineer to develop a new sensor system to monitor and reduce emissions while making the operations safer preventing incidents using predictive analytics. She discovered a lot of need for such a system in the market when interviewing potential customers, which inspired her to build a strong team and start a company.
Regions of Operations:
Southeast Asia
South Asia
East Asia
Central Asia
Middle East
North America
South America
Eastern Europe
Western Europe
East Africa
North Africa
Southern Africa
Central Africa
Oceania
Caribbean
Other Countries
How Project Affects Greenhouse Gas (GHG) Emissions:
Replaces/avoids GHGs (e.g., projects that replace sources of GHGs, such as the burning of fossil fuels for electricity, heat, transport, or other energy uses), Reduces GHGs (e.g., projects that reduce sources of GHGs, such as through efficiency or other changes in consumption), Removes/stores GHGs (e.g., projects that capture, sequester, or otherwise enhance the "sinks" that accumulate and store GHGs)
Best Estimate of GHG Avoidance/Reduction of This Project (Tonnes CO2 Equivalent/Year):
Impact on Underrepresented Groups:
WeavAir solutions can offer direct advantages to traditionally underrepresented in the climate movement and increase decarbonization. We can apply the AI software to our existing sources of data without any physical installation requirements to track and model changes in emissions, operations and climate risk. This would provide an opportunity for the public and private sectors to save costs on maintenance and operations of utilities, buildings & transportation while tracking the impacts of switching to biofuels and renewables and optimizing demand response controls integrated with storage, heat pumps and building systems. It has an advantage in that it can be easily scaled to support under-represented and low to moderate-income populations. WeavAir team is working on several ongoing projects to help financial institutions, asset owners and decarbonization solution developers to easily implement solutions and financing leading to the highest ROI in achieving carbon footprint reduction goals.
Sub-Categories:
Renewables
Nature-based
Agriculture
Methane
Plastics
Built Environment
Energy Efficiency
Restoration
Biodiversity
Energy storage
Rural
Urban
Circular Economy
Oceans
Forests
Waste
Carbon Removal
Electric Transportation
Cooling Solutions
Technology
Advocacy
Biomass
Conservation
Clean Cooking
Environmental justice
Research or Economic Modeling
Measurement, Reporting & Validation
Communications
Mission Statement:
WeavAir operates in Singapore, South Korea, Hong Kong, Canada and Poland. HQ is in Toronto, Canada.
Link: LinkedIn:
https://www.linkedin.com/in/natalia-mykhaylova/