1 Tahrcountry Musings: Deutsche Bank says climate change and economic slump has portents of green opportunities

Sunday, October 26, 2008

Deutsche Bank says climate change and economic slump has portents of green opportunities

I was reading the latest report from Deutsche Bank entitled 'Investing in Climate Change 2009 – Necessity and Opportunity in Turbulent Times'. I found it very interesting. The report says economic slump need not be a complete damper. It has portents of green opportunities which have to be tapped. Mark Fulton, head of climate change investment research at Deutsche Bank opines that "The current economic downturn presents governments with an historic opportunity to 'climate proof' their economies as they upgrade infrastructure as a core response to the economic downturn," He goes on to add “climate change is shifting away from costs and risk towards the question of how to capitalize on exciting opportunities," Climate change industries present a vast new field for creation of new technologies and jobs. In the energy sector alone 45 trillion dollars would be required between now and 2050 to develop clean technologies. According to Deutsche Bank this presents a low carbon industrial revolution scenario. For investors the regulated market holds promise of enormous secular growth. Projects supported by Government policies are more trustworthy according to Deutsche Bank.

The report provides a compendium of analytical framework that investors can utilize to get a grasp of climate change opportunity. Log on to Deutsche Bank site if you want to read the full report. For an executive summary click here.

1 comment:

Sharin Thomas said...

Thanks Mohan. That was interesting