Posted on July, 4, 2022 at 06:52 am
The new market report (390 pages, 254 tables & figures) published by HSRC, Climate Change Adaptive Agriculture and Water Market & Technologies – 2022-2030 – With Corona & COP26 Impacts, concludes that the 2022–2030 market growth is driven by the following factors:
• End users, Governments and Investors' enthusiasm for financing Climate change adaptation Agriculture & Water projects is substantial and growing
• The invasion of Ukraine has raised the cost of natural gas and oil prices have pushed heating bills higher. Similarly, the cost of transportation is moving higher as fuel becomes more expensive, resulting in higher investments in climate change mitigation
• The May – June 2022 heatwaves, that affected more than 500 million people across the globe, drive public and government understanding that climate change must be addressed as soon as possible
• Availability of key Climate Change Adaptive Agriculture and Water technologies, and their cost-performance improvement at a fast pace
• Multi-trillion business opportunities that presents the Climate Change Adaptive Agriculture and Water market
• Unprecedented public support (> 60%), which drives governments and the private sector to invest in the green revolution
• Government subsidies and investments
The report contains a thorough analysis of 11 technologies, 5 regional, 5 revenue source and 60 national markets, detailing 316 markets.
According to the report:
• The U.S. EU and China will spend >55% of the global expenditure
• Many overlook the markets of the Climate Change Adaptive Agriculture & Water (e.g., desalination plants, precision agriculture, water infrastructure, Precision Agriculture, Regenerative agriculture, Climate Adapted Water Infrastructure, Water Redeemable Systems, Precision Irrigation, climate adapted agriculture and more
Source: EIN NEWS