50 Investible Opportunities for a New Nature Economy Supplementary Appendix 2026

62 Data centre heat re - use systems capture and re - purpose the significant amounts of waste heat and transfers the thermal energy for nearby buildings, district heat systems, or industrial processes – Reduced water and energy system demand : Significant reduction in resource use by displacing fossil - fuel based heating systems with a waste by - product and reducing need for water - based cooling. – Reduced pollution: Reduces air pollution and emissions from lower fossil fuel heating demand Archetype Ecosystem Nature impact Transformative impact Suitability of financing and de - risking instruments Technological / process maturity Capital intensity Scalability Bonds Loans Equity Other De - risking Commercial bonds Thematic bonds Sustainability - linked bonds Impact bonds Commercial loans Thematic loans / project finance Sustainability - linked loans Impact loans Commercial equity Private equity Venture capital Impact equity Blended finance Insurance Advanced market commitments Legend: Low High Low suitability High suitability Payments for ecosystem services Land ecosystem Ocean ecosystem Freshwater use Resource use Pollution Co - benefits Climate Social ✓ ✓ – Emerging technology: Integration of heat recovery with data centres is new, with improvements required in transportation efficiency. – Variable scalability: High in urban contexts with dense data centre clusters and heating infrastructure, but less applicable in rural areas. – Financing suitability characteristics : Technology providers require substantial early - stage investment to fund R&D, prototyping, and pilot projects. Venture capital and impact equity are primary sources for these innovation - driven, higher - risk investments. As technologies mature, commercial loans and project finance can support scale - up in manufacturing and deployment. Blended finance models can reduce risk and attracting private finance. Insurance products mitigate operational and technology risks. Enabling infrastructure required for heat to be transmitted through networks to end - users– Significant market potential: With data centre growth, technology providers generate revenue from sale or licensing of solutions – Investment requirements : Significant investment required for prototyping, testing infrastructure and manufacturing capabilities. Negative impact Positive impact Financing target Technology providers Chemicals, Plastics & Pharma Construction Materials Energy Mining Technology Transportation & Logistics Cross - sectoral Automotive Fashion & Textiles Leisure Waste Management Metals & Steel Agri, Food & Forestry Conditions Parallel improvements on additional data centre nature impacts Financial impact Revenue increase✓ Opex reduction – Capex reduction – Re - use of heat from data centres FINANCING THE NATURE - POSITIVE TRANSITION