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Illustration: Sarah Grillo/Axios

HSBC Global Research analysts are taking an increasingly granular look at which nations are the most and least resilient to climate change.

The big picture: A report this week ranked 77 countries on their capacity to adapt, shift away from fossil fuels, and benefit from growing cleantech markets.

  • The top 5 most resilient countries in their analysis are Sweden, France, Finland, Germany and the U.S.
  • The five most vulnerable are Nigeria, Bangladesh, Côte d’Ivoire, Tanzania and Tunisia.

Why it matters: It's no secret that global warming will hit poorer nations harder.

  • But HSCB ranks nations based on a very extensive matrix of vulnerabilities and opportunities. The analysis is based on nearly 50 indicators and 0ver 90 data points.
  • They are grouped in categories around temperature and other climatic conditions; food systems; fossil fuel dependence and revenues from low-carbon tech; wealth and inequality levels; governance and more.

The intrigue: HSBC has done versions of this report before.

But the new iteration uses a dozen expanded criteria like biodiversity, gender equality, land elevation, minerals needed for clean energy and, ominously, hospital beds.

Yes, but: While the rankings are important, the report also cautions that just looking at the top and bottom of the list can mask many important factors.

  • To take just a couple of examples, it notes that Qatar and Bahrain experienced the highest average annual temperatures at 28.4˚C and 28.3˚C."
  • In the U.S., meanwhile, the number of people affected by extreme weather is rising, they note.

Go deeper

Toyota to build $1.3 billion U.S. battery plant in North Carolina

The all-electric Toyota bZ4X, the company's first battery-electric vehicle, at the Los Angeles Auto Show in Los Angeles, California on Nov. 17. Photo: Frederic J. Brown/AFP via Getty Images

Toyota announced Monday it's investing $1.3 billion to construct an electric vehicle battery "megasite" near Greensboro, North Carolina, set to open in 2025.

Why it matters: Toyota's Prius hybrid won environmental plaudits when it launched in 1997, but it has since lost ground to electric vehicle world leader Tesla, per Axios' Joann Muller. This battery plant will be the first to produce automotive batteries for Toyota in North America.

3 hours ago - Politics & Policy

Congress hunts for shortcut to pass defense funding, debt limit combo

Senate Majority Leader Chuck Schumer returned to his office Monday. Photo: Anna Moneymaker/Getty Images

The scramble in Congress to pass the National Defense Authorization Act is being complicated by an effort to tie it to a needed hike in the federal debt limit.

Why it matters: The House and Senate are rapidly coming up against a series of deadlines they must address before the end of the year — or risk disrupting crucial military funding and upending the economy. Congressional leaders are now hoping they can knock out both "must-pass" priorities in one, complex swoop.

Scoop: Inside Jake Sullivan's call with U.S. hostages' families

Photo: Jim Lo Scalzo/EPA/Bloomberg via Getty Images

National security adviser Jake Sullivan spoke last week with relatives of U.S. hostages and others wrongfully detained abroad, after more than two dozen families expressed frustrations about their inability to get a meeting with him or President Biden, Axios has learned.

Why it matters: Participants on the video call, which began at 7pm ET Friday and lasted more than an hour, told Axios they didn't get satisfactory answers to many of their questions. Nonetheless, they were encouraged by Sullivan's commitment to follow up and pledge to be personally available to them and others going forward.