Important terms used on this site

Environmental Intelligence

Environmental Intelligence refers to the collection, analysis, and use of information about the environment and its impact on society, economy, and ecosystem. It encompasses a wide range of data sources, including remote sensing, geospatial information, and sensor networks, and leverages advanced technologies to generate insights and inform decision-making. Environmental Intelligence helps organizations and governments to better understand and respond to environmental challenges, such as climate change, natural resource depletion, and pollution, by providing a more comprehensive and accurate picture of the state of the environment and its impact on human well-being.

Regenerative Ecoculture

Regenerative Ecoculture is a holistic approach to environmental sustainability that seeks to restore and revitalize ecosystems while also enhancing human well-being. It goes beyond traditional conservation efforts to focus on regenerating the health and productivity of ecosystems, thereby ensuring long-term ecological resilience. This approach emphasizes the interconnectedness of human and natural systems and recognizes that the health of both is mutually dependent. Regenerative Ecoculture practices are characterized by an emphasis on local and decentralized decision-making, an integration of cultural and ecological values, and the use of regenerative technologies and techniques, such as agroforestry, permaculture, and regenerative agriculture / aquaculture.

Natural Capital Monetization

Natural Capital Monetization refers to the process of generating revenue by selling carbon offsets, which are credits earned by reducing or avoiding carbon dioxide emissions. The carbon offset market enables companies and organizations to offset their carbon footprint by investing in sustainable and environmentally friendly projects that reduce greenhouse gas emissions. Natural capital monetization involves the identification and quantification of carbon emissions from a particular activity or organization, followed by the purchase of carbon credits to offset those emissions. These credits can be traded on carbon markets or used to comply with regulatory requirements related to carbon emissions. Natural capital monetization provides a way for companies to demonstrate their commitment to sustainability while supporting the development of environmentally friendly projects and initiatives.

Risk Management

Risk Management Products refer to technology-based solutions that support the management and analysis of risk-related information, such as threats and environmental hazards to an organization, its operations, and stakeholders. These products use data and advanced analytics to identify, assess, and prioritize risk, and to inform decision-making and risk mitigation strategies. They may include software platforms, applications, and tools that provide real-time monitoring and analysis, risk visualization and reporting, and collaboration capabilities. The goal of Risk Management products is to enhance an organization’s risk management capabilities, helping it to more effectively respond to potential risks, minimize loss, and improve overall resilience. An example product under Risk Management is Environmental Value At Risk (EVaR).

Green Financing

Green financing refers to investment in environmentally friendly and sustainable projects, products, or technologies, which are aimed at mitigating or reducing the negative impact of human activities on the environment. This type of financing helps to promote renewable energy, sustainable transportation, energy efficiency, waste reduction, and other environmentally responsible initiatives. The goal of green financing is to support the transition to a low-carbon and sustainable economy, while also generating a positive financial return for investors.

Synthetic Natural-Capital Monetization

Synthetic Natural-Capital Monetization Synthetic Natural-Capital Monetization is the process of assigning financial value to natural resources, such as forests, wetlands, and other ecosystems, and selling these values in the form of tradable offsets or credits. It aims to create economic incentives for the preservation of natural resources, promoting their conservation and sustainable use. This includes Synthetic Natural-Capital Monetization.

Sentient All-Domain Augmented Response (SADAR™)

SADAR™ is a platform developed by Laconic that presents complex environmental exchanges in an easily understood manner. It aims to provide a comprehensive and Single Turn-Key view of environmental data across multiple domains and presents it in a user-friendly format for better decision making and risk management. SADAR™ utilizes advanced algorithms and machine learning techniques to integrate diverse environmental data sources, analyze it and provide real-time insights and recommendations.

Bespoke Decision Support

Bespoke Decision Support refers to custom-made, tailored decision support systems. It is a solution designed to meet specific needs of an organization or individual, providing them with tools and information to make informed decisions. It can involve a range of methodologies, including data analytics, artificial intelligence, and simulation models, to provide relevant and up-to-date information that helps the decision maker in a specific context.

Multi-Modal Analytics

Multi-Modal Analytics refers to the use of data analytics and computational methods to study environmental systems with multiple variants or variations. It combines the fields of ecosystems, informatics, and computer science to analyze large amounts of environmental data, such as physical, chemical, and biological parameters of the environment in real-time to better understand ecosystem systems and processes.

Data Pedigree

Data pedigree refers to the history, lineage, or provenance of data, including its origin, collection, processing, storage, and usage. The data pedigree provides information about the data’s authenticity, reliability, and accuracy, which are important factors in ensuring the quality and trustworthiness of the data. The data pedigree can also help to identify potential biases, errors, or inconsistencies in the data, and is useful in various fields such as finance, healthcare, and research.

Ecosystem Accounting

Ecosystem accounting is a process of quantifying and valuing the contributions of ecosystems and their services to the economy and society. It involves the measurement and analysis of the stocks and flows of natural capital, such as land, forests, water, and biodiversity, and their impacts on human well-being. The purpose of ecosystem accounting is to provide decision-makers with the information they need to make informed choices about natural resources and the environment.

Laconic Universal Environmental Identifier

A Laconic Universal Environmental Identifier (LUEI) is a unique identifier used by Laconic to provide clients with a common language for tracking environmental data and information. It includes data such as location source, time and date stamp, environmental domain type and variable, unit of measurement, information refresh frequency, and validation and technology used for verification. The LUEI is designed to help clients manage their environmental information and assets by providing a clear and consistent method of tracking and measuring various climate-related activities and natural capital assets.

Public Benefit Corporation (PBC)

A Public Benefit Corporation (PBC) is a type of for-profit corporation that is legally required to consider the impact of its decisions on society, the environment, and other stakeholders in addition to maximizing financial returns for shareholders. It is a hybrid business structure that combines the features of a traditional for-profit corporation with a mission-driven nonprofit. PBCs are designed to serve a public benefit as defined in their corporate charter and are accountable to a triple bottom line of financial, social, and environmental performance.

Environmental Value At Risk (EVaR)

Environmental Value At Risk (EVaR) is a metric used to quantify the potential financial losses that may result from environmental risks, such as natural disasters, pollution, or climate change. It is a tool used by businesses, governments, and financial institutions to evaluate the potential economic impact of environmental hazards on their assets, operations, and investments. The EVaR calculation involves identifying and assessing the likelihood and potential severity of environmental risks to determine the monetary value at risk. The goal is to determine the level of financial exposure and implement measures to mitigate potential losses. This can include risk management strategies, such as investing in climate-resilient infrastructure, purchasing insurance, or implementing environmental policies and procedures to reduce the risk of negative environmental impacts.

Intergovernmental Panel on Climate Change (IPCC)

The IPCC (Intergovernmental Panel on Climate Change) classifies greenhouse gas (GHG) inventory methodologies into three tiers, based on their level of complexity, data requirements, and level of detail:

Tier 1: Simplified methodologies that use default values and emission factors to estimate GHG emissions. These methodologies are intended for use in developing countries and are based on limited data.

Tier 2: More sophisticated methodologies that use country-specific data and information to estimate GHG emissions. These methodologies are intended for use in developed countries and are based on a wider range of data and information.

Tier 3: The most sophisticated methodologies that estimate GHG emissions on a project or activity level, and are based on detailed activity data and information. These methodologies are used for project-based GHG reporting, such as the reporting of emissions reductions from carbon offset projects.

The IPCC tiers provide a framework for countries to evaluate and improve their GHG inventory methodologies over time, and to provide transparency and comparability in GHG reporting. The use of the IPCC tiers is widely recognized and helps to ensure that GHG data and information are of a high quality and are based on best practices.

Glossary

  • Acid rain: Rain with a high concentration of acidic compounds, such as sulfuric and nitric acid, caused by pollution from human activities.
  • Agroforestry: The integration of trees and shrubs with crops and/or livestock to create a more diverse and sustainable farming system.
  • Best available technology: The most effective and environmentally responsible technology or practices currently available for managing environmental risks.
  • Biodiversity: The variety of life on Earth, including the number of species, genetic diversity, and ecosystem diversity.
  • Biological diversity: The variety of living organisms in a given ecosystem, including plants, animals, and microorganisms.
  • Blue bond: A bond specifically issued to finance projects related to sustainable ocean management and conservation.
  • Brownfield development: The redevelopment of abandoned or underutilized industrial sites, often with the goal of addressing environmental risks and promoting sustainable land use.
  • Carbon credits: Units of carbon dioxide (or equivalent greenhouse gas emissions) that are traded on carbon markets.
  • Carbon farming: Farming practices that sequester carbon in soil, plants, and other biomass to mitigate climate change.
  • Carbon footprint: The total amount of greenhouse gas emissions that are directly or indirectly produced by an individual, organization, or product.
  • Carbon negative: Describes products, services, or activities that remove more greenhouse gas emissions than they produce, effectively reducing atmospheric carbon dioxide levels.
  • Carbon neutral: Describes products, services, or activities that result in no net greenhouse gas emissions, typically achieved through carbon offsetting or emissions reduction measures.
  • Carbon offset: A mechanism for mitigating carbon emissions by supporting projects that reduce or remove carbon dioxide from the atmosphere, such as reforestation or renewable energy projects.
  • Carbon offsetting: The practice of buying carbon credits to offset emissions from a particular activity or organization.
  • Carbon pricing: A policy mechanism that places a monetary value on carbon emissions, typically through a carbon tax or cap-and-trade system.
  • Carbon sequestration: The process of capturing and storing carbon dioxide from the atmosphere to mitigate climate change, typically through reforestation or the use of carbon capture and storage technology.
  • Carbon sink: A natural or human-made system that absorbs more carbon dioxide than it emits, such as forests, wetlands, or soil.
  • Climate adaptation: The process of adjusting to the impacts of climate change, such as rising sea levels, increased frequency of extreme weather events, and changes in precipitation patterns.
  • Climate bonds: Bonds that are specifically issued to finance projects that address climate change.
  • Climate finance: Financial support for projects and initiatives aimed at addressing climate change.
  • Climate mitigation: The process of reducing greenhouse gas emissions to slow the pace and severity of climate change, typically through measures such as renewable energy, energy efficiency, and carbon pricing.
  • Climate risk management: The process of identifying and addressing the risks associated with climate change, such as sea level rise and extreme weather events.
  • Compliance monitoring: The process of monitoring environmental activities to ensure that they comply with environmental regulations and standards.
  • Conservation tillage: Farming practices that minimize soil disturbance and erosion, such as no-till or reduced tillage.
  • Contingency planning: The process of developing a plan to respond to environmental risks and emergencies.
  • Corporate social responsibility (CSR): A company’s voluntary efforts to minimize its negative environmental and social impact.
  • Cover crop: A crop grown specifically to protect and improve soil health, typically planted in between cash crops.
  • Crop rotation: The practice of rotating crops on a given plot of land to maintain soil health, manage pests and disease, and improve yields.
  • Desertification: The process by which fertile land becomes desert due to climate change, overgrazing, deforestation, and other factors.
  • Disclosure requirements: Regulations that require companies to disclose information about their environmental and social impact, as well as their risk management practices.
  • Divestment: The practice of selling investments in companies or industries that are deemed to be environmentally or socially harmful.
  • Ecosystem services: The benefits that humans derive from ecosystems, such as water filtration, pollination, and carbon sequestration.
  • Embodied carbon: The amount of carbon emissions associated with the production, transportation, and disposal of a product or material.
  • Emergency response: The immediate actions taken to address an environmental risk or emergency, such as a spill or natural disaster.
  • Emissions intensity: The amount of greenhouse gas emissions per unit of economic activity, typically measured as the amount of emissions per dollar of GDP.
  • Emissions trading: The exchange of permits to emit pollutants, such as carbon dioxide, between businesses and governments, as a means of incentivizing emissions reductions.
  • Energy efficiency financing: Financing for projects aimed at improving energy efficiency, such as retrofitting buildings or upgrading energy systems.
  • Energy efficiency: The practice of using less energy to achieve the same level of output, typically achieved through technological improvements and behavior changes.
  • Environmental auditing: The process of evaluating an organization’s environmental performance and compliance with environmental regulations and standards.
  • Environmental due diligence: The process of evaluating the potential environmental risks associated with a business transaction, such as a merger or acquisition.
  • Environmental finance: Financial support for projects and initiatives aimed at promoting environmental sustainability.
  • Environmental impact assessment: The process of evaluating the potential environmental impacts of a proposed development or activity.
  • Environmental insurance: Insurance coverage that protects businesses and individuals from financial losses associated with environmental hazards and liabilities.
  • Environmental justice: The fair treatment and involvement of all people, regardless of race, ethnicity, or socioeconomic status, in environmental decision-making and policies.
  • Environmental justice: The principle that all individuals and communities, regardless of race or socioeconomic status, have the right to a healthy and safe environment.
  • Environmental management system: A formal framework for managing environmental risks and ensuring compliance with environmental regulations and standards.
  • Environmental remediation: The process of restoring contaminated land or water to its original condition.
  • Environmental risk analysis: The process of evaluating the potential environmental risks associated with a particular investment or project.
  • Environmental, social, and governance (ESG) criteria: Criteria used by investors to evaluate the sustainability and ethical impact of potential investments.
  • Food miles: The distance that food travels from its point of origin to the consumer, including transportation and other related emissions.
  • Fossil fuels: Non-renewable energy sources, such as coal, oil, and natural gas, that are formed from the remains of ancient plants and animals.
  • Green bond market: The market for buying and selling green bonds.
  • Green bonds principles: Guidelines for issuing green bonds developed by the International Capital Markets Association.
  • Green bonds: Debt securities that are specifically issued to finance environmentally friendly projects.
  • Green financing: The practice of using financial instruments to support sustainable and environmentally friendly projects.
  • Green investment: Investment in environmentally friendly projects or companies.
  • Green leasing: Leasing agreements that incorporate environmental considerations, such as energy efficiency and waste reduction.
  • Green loan principles: Guidelines for issuing green loans developed by the Loan Market Association.
  • Green loans: Loans that are specifically issued to finance environmentally friendly projects.
  • Green mortgages: Mortgages that provide incentives for energy-efficient home improvements or the purchase of energy-efficient homes.
  • Green procurement: The process of selecting products and services based on their environmental performance, such as energy efficiency and sustainable materials.
  • Green securitization: The process of packaging and selling green loans or bonds as securities to investors.
  • Greenhouse gases: Gases that trap heat in the Earth’s atmosphere and contribute to the greenhouse effect, including carbon dioxide, methane, and nitrous oxide.
  • Greenwashing: The practice of making false or exaggerated claims about the environmental benefits of a product or service.
  • Habitat fragmentation: The division of large habitats into smaller, isolated fragments, typically caused by human activities such as urbanization, agriculture, and logging.
  • Hazard identification: The process of identifying potential sources of environmental risk, such as pollutants or hazardous materials.
  • Hazardous waste management: The process of handling, storing, and disposing of hazardous waste materials in a safe and environmentally responsible manner.
  • Holistic management: A planning and decision-making framework for land management that emphasizes the interconnectedness of ecological, economic, and social factors.
  • Impact investing: Investing with the goal of generating positive social and environmental impact, in addition to financial returns.
  • Industrial ecology: The study of the interactions between industrial systems and the natural environment, with the goal of minimizing waste and promoting sustainability.
  • Intercropping: The practice of growing two or more crops together in the same field to maximize yield and ecological benefits.
  • Keyline design: A land management system that uses topography to optimize water retention and distribution.
  • LCA (life cycle assessment): A methodology used to evaluate the environmental impact of a product or service throughout its entire life cycle, from raw material extraction to disposal.
  • Life cycle assessment (LCA): A methodology used to evaluate the environmental impact of a product or service throughout its entire life cycle, from raw material extraction to disposal, including the carbon footprint.
  • Living mulch: A cover crop that is allowed to grow between rows of cash crops to provide soil cover and nutrient cycling.
  • Low-carbon: Describes products, services, or activities that emit relatively low levels of greenhouse gas emissions compared to their alternatives.
  • Materiality assessment: The process of determining which environmental, social, and governance (ESG) issues are most important to a particular business or industry.
  • Microplastics: Small plastic particles, less than 5 millimeters in size, that are found in the environment and have potential negative impacts on wildlife and human health.
  • Mitigation: The process of reducing greenhouse gas emissions to slow the pace and severity of climate change, typically through measures such as renewable energy, energy efficiency, and carbon pricing.
  • Mob grazing: A rotational grazing system that moves livestock frequently to maximize forage utilization and promote soil health.
  • Natural capital accounting: The process of quantifying the value of natural resources and ecosystem services,
  • Natural pest management: The use of ecological processes and natural predators to manage pests and disease, rather than relying on chemical pesticides.
  • Net-zero emissions: The balance between the amount of greenhouse gas emissions produced and the amount removed
  • Ocean acidification: The ongoing decrease in the pH of the Earth’s oceans, caused by the absorption of carbon dioxide from the atmosphere.
  • Overfishing: The practice of catching fish faster than they can reproduce, leading to a decline in fish populations and potential impacts on marine ecosystems.
  • Ozone depletion: The thinning of the ozone layer in the Earth’s atmosphere, caused by the release of ozone-depleting substances, primarily chlorofluorocarbons (CFCs).
  • Perennial agriculture: The cultivation of crops that live for multiple years, such as fruit trees and perennial grasses, to reduce soil erosion and increase carbon sequestration.
  • Pollinator decline: The decrease in populations of bees, butterflies, and other pollinators, potentially due to habitat loss, pesticides, and other factors.
  • Pollutant prevention: The process of implementing measures to prevent or minimize the release of pollutants into the environment.
  • Polyculture: The practice of growing multiple crops in the same field, often in a diverse and complementary mix.
  • Precautionary principle: The principle that in the face of uncertainty, action should be taken to prevent potential harm to human health or the environment.
  • Project finance: A financing method that involves the creation of a special purpose vehicle (SPV) to finance and manage a specific project.
  • Regenerative agriculture: Farming practices that prioritize soil health, biodiversity, and ecosystem function, with the goal of producing healthy food and improving the environment.
  • Renewable energy financing: Financing for projects aimed at developing and expanding renewable energy sources, such as solar and wind power.
  • Renewable energy: Energy generated from natural sources that are replenished over time, such as solar, wind, and hydropower.
  • Resilience: The ability of a system or community to adapt and recover from environmental risks and disruptions.
  • Resource depletion: The exhaustion of natural resources, such as fossil fuels, minerals, and forests, due to human activities.
  • Riparian buffer: An area of vegetation along a stream or river, designed to protect water quality and enhance biodiversity.
  • Risk assessment: The process of identifying and evaluating the potential risks associated with a particular environmental hazard or activity.
  • Risk communication: The process of sharing information about environmental risks with stakeholders, including the public, policymakers, and industry
  • representatives.
  • Risk management: The process of implementing strategies to mitigate or reduce the risks identified through risk assessment.
  • Risk mitigation: The process of implementing measures to reduce or eliminate the potential risks associated with a particular environmental hazard or activity.
  • Risk tolerance: The level of acceptable risk associated with a particular environmental hazard or activity, often based on factors such as public health and safety.
  • Risk transfer: The process of transferring the financial risk associated with environmental hazards to another party, such as an insurance company.
  • Rotational grazing: The practice of moving livestock between different pastures or paddocks to optimize forage utilization and promote soil health.
  • Scope 1 emissions: Direct greenhouse gas emissions from sources that are owned or controlled by the entity, such as emissions from fuel combustion in buildings or vehicles.
  • Scope 2 emissions: Indirect greenhouse gas emissions from the generation of purchased electricity, heat, or steam.
  • Scope 3 emissions: Indirect greenhouse gas emissions from sources outside of the organization’s control, such as emissions from the production of purchased goods or services.
  • Silvopasture: The integration of trees and livestock to create a more diverse and sustainable farming system.
  • Social agroecology: A framework for regenerative agriculture that prioritizes social justice, equity, and community empowerment.
  • Social impact bond: A bond that provides funding for social programs and initiatives, with returns tied to the achievement of specific social outcomes.
  • Soil carbon: The amount of carbon stored in soil, typically measured in terms of organic matter content.
  • Soil health: The physical, chemical, and biological properties of soil, including its ability to support plant growth, nutrient cycling, and carbon sequestration.
  • Stakeholder engagement: The process of involving stakeholders, including the public and affected communities, in decision-making related to environmental risks.
  • Sustainability reporting: The process of reporting on an organization’s environmental performance and sustainability efforts to stakeholders.
  • Sustainability: The ability to meet the needs of the present without compromising the ability of future generations to meet their own needs, including economic, environmental, and social considerations.
  • Sustainability-linked bonds: Bonds that are tied to sustainability performance targets, such as reducing greenhouse gas emissions or improving water efficiency.
  • Sustainable development: Development that meets the needs of the present without compromising the ability of future generations to meet their own needs, while balancing economic, environmental, and social considerations.
  • Sustainable transportation: Transportation systems and practices that minimize greenhouse gas emissions and other environmental impacts, such as public transportation, electric vehicles, and active transportation modes like walking and biking.
  • Synergistic farming: A farming system that emphasizes the interdependence of different elements within an ecosystem, such as crops, livestock, and soil organisms.
  • Tax incentives: Government incentives, such as tax credits or deductions, aimed at promoting investment in environmentally friendly projects or industries.
  • Terrestrial carbon sink: A natural or human-made system, such as forests or agricultural
  • Triple bottom line: A framework that considers the economic, environmental, and social impacts of an organization’s activities, products, and services.
  • Upcycling: The process of converting waste materials into new products of higher value or quality, typically with lower greenhouse gas emissions than traditional manufacturing processes.
  • Water footprint: The amount of fresh water used by an individual, organization, or product, including both direct and indirect use, as well as the associated greenhouse gas emissions.
  • Water harvesting: The capture and storage of rainwater for agricultural use, typically through techniques such as contour plowing or rain gardens.
  • Wildlife habitat restoration: The creation or restoration of habitat for native species, such as planting hedgerows or creating nesting sites for birds.
  • Zero-input farming: A farming system that relies solely on natural inputs, such as sunlight and rainwater, without the use of synthetic fertilizers or pesticides.