Bloomberg highlights BCG’s projection that the climate forecasting and risk assessment industry could double to about $13 billion by 2030, with growth at about 15% compounded annually. This would make hazard warning systems one of the most investable private equity sub-sectors as increasingly erratic weather poses heightened financial risk. BCG’s Daniel Oehling notes that the resulting increase in data availability and analysis could also “propel climate-related insurance.”
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Bloomberg