My answer to What are the $10+ billion big industries of the future?
Answer by Desmond Last:
There will be two major Growth Industries. One will be ‘off the shelf solutions’ which will allow access the $100 billion (min) Climate Change Fund provided by the Paris 21 Agreement. The other will be Disaster Preparation and provision for Climate Change Refugees.
I have not included AI or any of the Social Media groups as their growth is liner and predictable. AI may stall as resources became limited due to the demands of dealing with Climate Change.
The growth areas I have indicted are exponential.
So many climate change technologies only address part of the solution. Installation, commissioning operation and maintenance – turnkey solutions will be required all over the wold.
So much better to watch your solar farm being installed connected to the Grid and operated than undergo your own expensive learning's curve.
Companies that specialize in the provision of temporary accommodation with all the necessary services will be required to service the people who have to leave homes because of flooding or bush-fires
All the attendant and processing systems will also be required as well as systems for recording people movement and accounting systems.
Water supply and production, shelter, sewage systems, flood defense systems,water pumping systems, firefighting equipment et al will experience exponential growth.
The market is 7.4 billion people. Each of us will in some way be affected by Climate Change. Many communities will have to act independently of Central Government and self-fund. Central Governments will not have the funds and certainly do not have the foresight to prepare for Climate Change.
Governments, Communities, Military businesses and households will be looking for ‘ready to go’ solutions. This will mean programs such as those that can predict flood levels, water force and peak loading with the solution ready for install.
The demand will require companies to work together to form consortium's in order to be able to provide the ‘off the shelf’ solutions.
We will see a move away from Central Government funding as they will not be able to address community concerns. This will also affect budget provisos via the national fiscal system(s). One of the consequences will be that Central Government will require more power. But communities will want to make their own decision regarding their cliante climate change future. In some instances this may lead to civil unrest.
Government will also have to ensure that every $ of funding is verifiable. As we have seen with Aid to Africa – corruption follows the money.