EOcafe: Revealing the hidden value of Earth Observation

16th of May 2024, 16.00-17.00 CEST

How important is Earth Observation technology? How much does it contribute to the world economy? How much “good” can or does it contribute to the world? What is the hidden value of EO? These are the questions that the World Economic Forum has tried to address in their latest report Amplifying the Global Value of Earth Observation.

Data from Earth Observation satellites touches upon our daily lives in so many ways but this is largely hidden from view. Unlike many digital technologies it is rarely used by people directly in their private lives, even if it contributes to making our lives better and safer. This makes the value difficult to understand and fully evaluate.

Several initiatives are seeking to break this barrier and understand the benefits of Earth Observation. This is vitally important for funders of future systems whether they are public (governments) or private (businesses). Knowing the value can help companies sell their products and services as well as help policy makers understand its importance and hence ease its introduction to new users.

The World Economic Forum, the international organisation for public-private cooperation, provides a global, impartial and not-for-profit platform to help stakeholders establish trust, and build initiatives for cooperation and progress.

As part of their work aimed at harnessing the full potential of technological solutions (under the Centre for the Fourth Industrial Revolution), through the “Valuing Earth Observation” initiative, they have convened a community of leading EO data providers, users and related experts to advance EO’s transformative potential for climate and nature. Together they will, among others, aim to quantify the financial and climate value of EO and its applications, and inspire more stakeholders to leverage EO for climate action.

Join us on 16 May 2024 from 16:00 to 17:00 for our next EOcafe to learn more about the World Economic Forum’s latest report and other EO-relevant activities. Our host Geoff Sawyer (EARSC Strategic Advisor and former Secretary General) will be joined by Valentin Golovtchenko (Lead – Climate Technology, World Economic Forum) to discuss how the World Economic Forum have assessed the economic and environmental co-benefits of EO in a future scenario where EO is exploited to its full potential.

Questions that could be addressed during this EOcafe include:

  • What is the World Economic Forum and what is its mission?
  • What work does the World Economic Forum carry out related to Earth Observation and what should the EO industry be aware of?
  • What is the strategic relevance of EO for the World Economic Forum’s activities?
  • What are the key findings from the latest World Economic Forum report (value, thematic, cross-sectorial)? What should the EO industry be aware of?
  • How were the economic and environmental benefits measured? What are other aspects of the methodology used could be interesting for the EO industry to understand?
  • What are the next steps and what opportunities exist for the EO industry to engage with the World Economic Forum?

Registration: The webinar is open to all. Registration is free but compulsory.

Registration link

Please note this is a virtual event!

EOcafe is part of a series of EARSC meetings that offer timely, relevant, and practical information on a broad variety of topics related to the EO sector. Join us every two weeks to discuss and network while enjoying a cup of coffee with friends.


  • The use of a video camera is not mandatory but is encouraged to facilitate better interaction between the attendees and the guest speaker(s).
  • The EOcafe will stay open after 17:00 in case our guests want to continue the discussion.
  • By registering for this event, you accept the terms and conditions (https://earsc.org/wp-content/uploads/2021/03/EARSC_Events_GDPR.pdf).

If you have any questions, and/or you want to know more about the EOcafe, and/or you want to share an idea about a future EOcafe, please contact Tanya Walker (tanya.walker@earsc.org).

Author: EARSC

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