The findings suggest significant risks for data center operators, investors, and insurers. Acute climate events like hurricanes and wildfires can cause immediate physical damage and operational disruptions, while chronic stressors such as heat and water scarcity can lead to long-term financial strain. Data centers, which typically operate for 20 to 30 years, may face escalating costs and reduced efficiency in regions with worsening climate conditions. Investors relying on traditional metrics may underestimate these risks, potentially leading to mispriced assets and poor capital allocation decisions. The study underscores the need for updated risk models that incorporate climate change projections to better assess and mitigate these vulnerabilities.