Weekly Radar #310: Crowded Insurance Future, The Golden Moment for Materials Emissions Measurement
In this Weekly Radar, we cover:
- The EPA's $160 million in grants highlights the need for better data on construction materials emissions, with companies like Measurabl and Kojo positioned to enhance visibility and comprehensive Environmental Product Declarations.
- With the wildfire in Jasper exacerbating the home insurance crisis, alternative models like Lemonade's peer-to-peer claims pool are being considered to support property owners with "uninsurable" assets.
- The GEM Proptech Index had a combined market cap of $237.657B, a 1.23% decrease from the previous week.
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Geek Estate Blog Recap:
Geek Estate Team
Geek Estate Team
Geek Estate Team
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Jonathan Klein
Transmission Recap:
Last week, Brad Hargreaves explored Ownify's "bricks" fractional ownership model as one of the promising approaches in the landscape of players working to unstick the housing market. Prior, Pierre Calzadilla suggests that driving agent adoption after partnerships requires detailed contracts, pre-launches with influencer agents, and face-to-face engagements.
CLIMATE
THE GOLDEN MOMENT FOR MATERIALS EMISSIONS MEASUREMENT
By: Logan Nagel
This month, the EPA announced 38 grants amounting to almost $160 million to support emissions reduction across construction materials manufacturing. One of many Inflation Reduction Act funding programs, the grants focus on providing data and tools that allow companies and organizations to share Environmental Product Declarations (EPDs) explaining their lifetime environmental impacts. Grant recipients include a Georgian company report emission savings from decarbonization efforts, a university research project into reused steel energy savings, and a variety of sustainable construction workforce development programs.
Measurabl helps buildings report their ESG performance and construction tech tools like Kojo give construction teams visibility into procurement, but a clear picture of materials emissions—not just in terms of production but also transport and eventual recycling or waste processing—remains elusive. Such a substantial grant program indicates a clear need and a compelling opportunity for the right founding team to add highly useful data visibility to the construction materials landscape.