Efforts to curb global warming require behavioural and systemic changes that willprovide substantial opportunities for investors. For example, New Climate Economypredicts bold climate action could yield a direct economic gain of US$26tn through to2030 compared with business as usual. Tougher regulations around emissions andwaste management as well as carbon targets will also change the way in whichinvestment decisions are made.BofAML estimates that the clean energy market is already worth US$300bn, while theglobal waste industry presents a US$2tn opportunity. Likewise, water infrastructure willneed a minimum cumulative investment of US$7.5tn to 2030E to keep up withprojected growth.New technologies are also driving change within industries and investors. Big data andthe rollout of 5G are likely to mean the communications industry is responsible forc.20% electricity use by 2025. A shift in corporate focus among these firms is helping todrive the pivot towards renewables.This issue is being embraced by the new cohort of investors. Climate change is the #1ESG issue for ESG asset managers, according to US SIF (The Forum for Sustainable andResponsible Investment), with US$3tn of ESG assets considering climate change as partof their investment decisions.