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Daily Digest for
September 28, 2025
Climate resilience investing: $600B–$1T by 2030
McKinsey estimates an addressable market of $600 billion to $1 trillion by 2030 for 49 priority climate-resilience technologies and documents that less than $8 billion has been raised to date for resilience-dedicated funds. The article highlights recent actions such as California’s wildfire response (more than $50 billion in losses), a $170 million increase in forest-management funding to a $2.5 billion total, and Barbados’ $165 million debt-for-resilience swap, and recommends quantifying returns, creating structural incentives, and building specialized capital pools.
NEC releases third TNFD natural capital report
NEC Corporation published the third edition of its TNFD report, using generative AI and agentic AI to expand local natural-capital risk analysis to roughly 2,000 NEC Group sites and upstream locations. NEC says this approach yields efficiency gains equivalent to about 80,000 hours and will feed supply-chain risk work into its “Eco Action Plan” beginning in 2026.
L&T secures USD 700 mn sustainability-linked facility
Larsen & Toubro has secured a USD 700 million Sustainability-Linked Trade Facility with Standard Chartered tied to KPIs on GHG emissions intensity and fresh-water withdrawal, aligned with LMA principles. L&T previously issued a USD 60 million sustainability-linked bond and has long-term targets of carbon neutrality by 2040 and water neutrality by 2035.
AI diffusion linked to higher local CO2 emissions
A CEPR discussion paper (Bonfiglioli et al., 2025) finds that higher AI penetration is associated with faster CO2 emissions growth across US commuting zones (2002–2022), driven primarily by scale effects and increased carbon intensity of electricity. The study links AI measures, data center and power plant locations, and uses a shift–share identification strategy to show proximity to data centers causes nearby power plants to use more fossil fuels.