The Repricing of Compute: The Economics of Climate Risk and Resilience for AI-Era Capital

This Schneider Electric Research Institute report examines how climate risk is reshaping the economics of data center infrastructure in the AI era. Using a facility-level Climate Value at Risk framework, the report quantifies how physical hazards, transition risks, cooling stress, business interruption, physical damage, and supply chain exposure can affect enterprise value across the global data center sector. It finds that climate risk represents a major unpriced financial exposure for both existing and future AI-era infrastructure, while also showing that proactive adaptation strategies such as resilient siting, liquid cooling, microgrids, and renewable power procurement can reduce exposed value and generate positive returns.