Impact on assets
Theme Impact 7
Precision Irrigation & Water-Efficient SystemsClimate Adaptation & Water
Climate-Resilient Agriculture & FoodClimate Adaptation & Water
Water Utilities & InfrastructureClimate Adaptation & Water
Drought, Wildfire & Flood ResilienceClimate Adaptation & Water
Resilient Crop Inputs (bred seed, nutrients, protection)Climate Adaptation & Water
Regulated Water & Wastewater UtilitiesClimate Adaptation & Water
Climate Risk Analytics & InsuranceClimate Adaptation & Water
Off-coverage companies
Related news
impact 4
India's meteorological department has reported that an intensifying El Niño is putting India at risk of its driest monsoon season in 17 years, after cumulative rainfall from June to September came in 15% below the long-term average. That could weigh on agricultural output and further stoke food inflation, which climbed to 5.95% in August. The report said that if dry conditions persist, this year's monsoon will be the weakest since 2009, when rainfall was 18% below normal, potentially affecting both the current harvest and the next planting cycle. Food costs rose for a seventh straight month in August. The meteorological office had forecast in May that rainfall this season would be 10% below normal. Christian Werner, managing director of the consultancy Global Weather Climate Analytics in Australia, said weather conditions could favor cyclone formation in the Bay of Bengal in the final week of September, which may help bring critically needed rain to eastern and northeastern India and ease drought conditions there. Adequate monsoon rainfall is crucial for the hundreds of millions of Indian farmers who rely on seasonal rains to grow their crops, with India among the world's largest producers of rice, sugar and cotton.
About megatrends
Climate Adaptation & Water › Climate-Resilient Agriculture & Food ▼Demand
Climate Adaptation & Water › Resilient Crop Inputs (bred seed, nutrients, protection) ▼Demand
Climate Adaptation & Water › Precision Irrigation & Water-Efficient Systems Demand
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Terradot and Google Launch Largest Enhanced Rock Weathering Project in Southern Brazil
Terradot and Google announced a megaton-scale climate project in Southern Brazil that pairs methane avoidance in rice farming with permanent carbon dioxide removal, marking Google's largest carbon removal purchase to date. Google will purchase 1M tonnes of near-term methane impact by 2030 and 1M tonnes of carbon removal impact by 2040, delivering 1M tonnes of impact by 2030. The project is the largest enhanced rock weathering project ever undertaken and the first of any kind to combine near-term methane elimination with durable carbon removal at this scale. Terradot will help rice farmers across more than 200,000 hectares starting in Rio Grande do Sul adopt Alternate Wetting and Drying, an irrigation practice that periodically drains flooded paddies to cut water use and sharply reduce methane, while spreading naturally sourced crushed volcanic rock on farmland to generate durable carbon removal. Terradot CEO James Kanoff said the project eliminates the trade-off between moving fast on near-term warming and removing carbon permanently, and Google Head of Carbon Removal Randy Spock said the agreement is built to be a template rather than a one-off. As part of the project, Google is providing an R&D grant to Terradot and to Stanford Doerr School's Soil & Environmental Biogeochemistry Lab to strengthen the scientific foundation of AWD as a methane mitigation strategy.
About megatrends
Carbon Removal (DAC) › Mineralization & Enhanced Weathering ▲Demand
Climate Adaptation & Water › Climate-Resilient Agriculture & Food ▲Demand
Climate Adaptation & Water › Precision Irrigation & Water-Efficient Systems ▲Demand
Terradot · Demand · Positive Terradot lands a megaton-scale deal with Google to deploy enhanced rock weathering and AWD across 200,000+ hectares in Rio Grande do Sul.
GOOG · Demand · Positive Google purchases 1M tonnes of methane impact by 2030 and 1M tonnes of carbon removal by 2040, its largest carbon removal purchase to date.
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Cabinet approves 15-billion-baht national disaster insurance scheme covering 30 million households
Today's cabinet meeting (Sept 15) was chaired by Deputy Prime Minister and Transport Minister Phiphat Ratchakitprakarn on behalf of Prime Minister and Interior Minister Anutin Charnvirakul, who is on a trip to the Socialist Republic of Vietnam. The Interior Ministry is seeking approval for a total budget framework of 15 billion baht to buy natural disaster insurance under the national disaster insurance programme, and is proposing three types of policy covering floods, windstorms and earthquakes, for 30 million households, with a one-year coverage period from 1 October 2026 to 1 October 2027, to ease the burden of risk on the state, which spends tens of billions of baht a year on relief for disaster victims. Meanwhile, the Ministry of Agriculture and Cooperatives is seeking approval for a project to improve the irrigation system in the lower Chao Phraya basin and the lower eastern side, with a budget of about 95 billion baht, using loans from the Asian Development Bank, or ADB, together with the national budget. The Transport Ministry, for its part, is proposing to cancel the item for construction of the ministry's new headquarters building, which was tied to the budgets for 2026 to 2028, effectively delaying the construction plan. Attention is also on proposals to appoint and transfer senior officials at several ministries to fill positions left vacant by retirements on 30 September this year.
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Climate Adaptation & Water › Property/Casualty & Reinsurance Underwriting ▲Demand
Climate Adaptation & Water › Catastrophe & Climate Risk Analytics ▲Demand
Climate Adaptation & Water › Precision Irrigation & Water-Efficient Systems ▲Capital
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Google and Mitti Labs Sign Five-Year Rice Methane Carbon Credit Deal
Mitti Labs has announced a five-year carbon credit agreement with Google to scale climate-smart agriculture across 100,000 hectares of smallholder rice farms in India, delivering one million high-integrity credits to Google by 2030 in what the company calls the largest rice methane offtake to date. The partnership will transition over 70,000 farmers to water and methane-savings irrigation practices, aiming to eliminate 3M tons of near-term warming impact, measured as GWP20 and equivalent to 1M tons of GWP100 impact, while conserving billions of gallons of water across critical regional basins. Rice paddies continuously flooded under traditional practices account for more than 10% of global methane emissions, and Mitti Labs says its model cuts up to 50% of methane emissions from rice fields and reduces irrigation volumes by close to 40% while maintaining rice yields. The partnership is projected to deliver billions of liters of water savings across India, equivalent to Bengaluru's annual supply for three years, and Mitti Labs will use Google's support to expand its NASA-supported GeoAI platform, which fuses satellite radar data with field-collected ground truth at the resolution of individual smallholder plots. Kate Brandt, Chief Sustainability Officer at Google, said the company is committed to finding solutions that neutralize warming across both the near and long term, while Mitti Labs co-founder Xavier Laguarta called the partnership a powerful accelerator of its mission to reduce emissions, save water, and strengthen the livelihoods of the 150 million smallholder farmers who grow rice.
About megatrends
Climate Adaptation & Water › Climate-Resilient Agriculture & Food ▲Demand
Climate Adaptation & Water › Precision Irrigation & Water-Efficient Systems ▲Demand
Climate Adaptation & Water › Resilient Crop Inputs (bred seed, nutrients, protection) ▲Demand
Carbon Removal (DAC) › Bio-based Removal (BECCS & Biochar) Demand
Mitti Labs · Demand · Positive Mitti Labs secures a five-year agreement with Google to deliver one million carbon credits and scale its climate-smart agriculture model across 100,000 hectares.
GOOG · Regulation · Positive Google signs a five-year carbon credit offtake deal with Mitti Labs to source one million high-integrity rice methane credits by 2030, supporting its climate/sustainability commitments.
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Heat of the 'Plus 2°C Era' Hits Japan's Dining Tables, Affecting Production, Logistics, and Prices
In the summer of 2025, Japan's average temperature was 2.36°C above the normal, marking the highest since records began in 1898, and the third consecutive year of record highs. This extreme heat has damaged crops and livestock, leading to reduced supplies and higher prices for eggs, rice, and vegetables. For example, in Ibaraki Prefecture, egg production rates have dropped by 10-20%, and the ratio of top-grade Koshihikari rice from Niigata Prefecture has fallen to just a few percent. According to Teikoku Databank, the average price of a curry rice meal has hit a record high of 365 yen, with an index of 142.6 compared to the 20-year average. If temperatures continue to rise, a plate of curry rice could cost around 500 yen by the 2040s, prompting consumers to consider new rice varieties and adjust storage methods.
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Climate Adaptation & Water › Resilient Crop Inputs (bred seed, nutrients, protection) ▼Supply
Climate Adaptation & Water › Precision Irrigation & Water-Efficient Systems ▲Demand
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AgriCapture Partners with Google to Save 5.4 Billion Gallons in Texas
AgriCapture has announced a multi-year partnership with Google and the Bonneville Environmental Foundation to replenish 5.4 billion gallons of water in Southeast Texas by transitioning 6,000 acres of rice farmland in the Trinity River Basin to water-saving irrigation practices. The program will reduce irrigation withdrawals in one of the state's most stressed watersheds, where roughly 140,000 acres are flood irrigated annually. Google is financing the upfront capital for the irrigation infrastructure and providing performance-based payments to farmers for the water they save, as part of its broader commitment to responsible water management. AgriCapture will quantify the water savings using flow meters, field sensors, and geospatial monitoring, generating verified volumetric water benefits. This Texas program adds to AgriCapture's portfolio of water and carbon projects across six U.S. states and nine other countries, while Google has committed over $500 million to water infrastructure globally.
About megatrends
Climate Adaptation & Water › Precision Irrigation & Water-Efficient Systems ▲Demand
AgriCapture · Demand · Positive AgriCapture lands a multi-year partnership with Google to deliver verified water-saving projects across 6,000 acres in Texas.
GOOG · Capital · Positive Google is financing upfront capital for irrigation infrastructure and providing performance-based payments as part of its water commitment.