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Gaia AI Project
March 28 , 2024
31 days
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- The Bank for International Settlements have broken new ground by using artificial intelligence to collect data for assessing climate-related financial risks.
- Their experimental Gaia AI project was used to analyse company disclosures on carbon emissions, green bond issuance and voluntary net-zero commitments.
- Gaia was able to overcome differences in definitions and disclosure frameworks across jurisdictions to offer much-needed transparency.
- Also, this makes it easier to compare indicators on climate-related financial risks.
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