Study: 79% of global data center capacity at elevated risk from climate hazards like flooding and wildfires
By
Diana Olick
Summary
A study by climate risk analytics firm First Street reveals that 79% of global data center capacity faces elevated risk from acute climate hazards such as flooding, extreme winds, and wildfires. These climate-induced events threaten to disrupt operations, increase downtime, and drive up insurance and repair costs. The report examined 97 global data center markets and found that most underwriting for real assets still relies on historical data, failing to account for the changing climate behavior.
Source
bskyStudy: 79% of global data center capacity at elevated risk from climate hazards like flooding and wildfiresshare.googleKey quotes
· 3 pulledA huge slice of global data center capacity faces elevated risk to acute climate hazards, a study released Thursday shows.
Those acute hazards, which hang over 79% of capacity, include severe climate-induced events such as flooding, extreme winds and wildfires that can disrupt operations, increase downtime and drive insurance and repair costs.
Most underwriting for real assets still uses historical data, but the climate is no longer behaving the way the hi
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