EBI Report 4800: Climate Change Adaptation Resilience ... Climate Change Industry Business Segment Review EBI Report 4800: Climate Change Adaptation Resilience Markets Part of the EBI Report 4000 Series on

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  • A Climate Change Industry Business Segment Review

    EBI Report 4800: Climate Change Adaptation & Resilience Markets Part of the EBI Report 4000 Series on The Climate Change Industry May 2016 A publication of Environmental Business International, Inc. 4452 Park Blvd. #306 San Diego CA 92116 619-295-7685 www.ebionline.org

  • Climate Change Adaptation Industry EBI Report 4800

    2017 EBI Inc. All rights reserved. www.ebionline.org 1-2

    Table of Contents

    1 CLIMATE CHANGE ADAPTATION............................................................................ 1-8 1.1 Acknowledgements..................................................................................................... 1-8

    1.1.1 Authors and Sources ............................................................................................... 1-8 1.1.2 EBIs Market Research Method ............................................................................. 1-8 1.1.3 Survey Instruments ................................................................................................. 1-9 1.1.4 Disclaimer............................................................................................................. 1-10 1.1.5 Copyright .............................................................................................................. 1-10

    1.2 Overview of the Climate Change Industry................................................................ 1-11 1.2.1 Climate Change Industry Definition and Context ................................................ 1-11 1.2.2 Definition of the Climate Change Industry........................................................... 1-14 1.2.3 Definition of the Environmental Industry............................................................. 1-17 1.2.4 The Climate Change Industry ............................................................................... 1-20 1.2.5 Business Overview of the Climate Change Industry ............................................ 1-28 1.2.6 Economic Comparison with Environmental Industry .......................................... 1-32 1.2.7 Conclusion ............................................................................................................ 1-35

    1.3 Defining the Climate Change Adaptation Industry................................................... 1-36 1.3.1 Defining the Climate Change Adaptation Industry .............................................. 1-36 1.3.2 Climate Change Adaptation Business Context..................................................... 1-36 1.3.3 Climate Change Adaptation Segments and Market Sizes..................................... 1-40

    1.4 Stage Set for the Climate Change Adaptation Industry back in 2012....................... 1-47 1.4.1 2013: Cost of Catastrophic Weather Events ......................................................... 1-47 1.4.2 Risky Business Highlights Regional Impact of Climate Change...................... 1-48 1.4.3 UNEPs Emissions Gap Report ............................................................................ 1-49 1.4.4 Climate Data Snapshot: Year 2012....................................................................... 1-49 1.4.5 Climate Change: Global Security Threat.............................................................. 1-51 1.4.6 Governments and Communities Prepare for Climate Change.............................. 1-55 1.4.7 Obama Executive Order 13653 ............................................................................ 1-56 1.4.8 Private Sector Prepares for Climate Change......................................................... 1-59 1.4.9 More Companies Institutionalize Climate Change Plans ..................................... 1-62 1.4.10 Investors Prepare for Climate Change.............................................................. 1-64 1.4.11 Insurance Industry Backs Proactive Measures to Lessen Climate Risk ........... 1-69 1.4.12 Opportunities in Climate Change Adaptation .................................................. 1-71 1.4.13 Climate Adaptation Research Needs ................................................................ 1-73 1.4.14 Client Profile & Market Driver: World Bank................................................... 1-74 1.4.15 Market Driver: Clean Power Plan .................................................................... 1-77 1.4.16 Client Profile: USAID Takes on Climate Change............................................ 1-79 1.4.17 Policy Driver: Climate Change and National Security..................................... 1-84 1.4.18 Adaptation & Resilience Market Snapshot: Healthcare ................................... 1-87

    1.5 Trends in the Climate Change Adaptation Industry (2016) ...................................... 1-91 1.5.1 Market Profile: Transportation Agencies ............................................................. 1-91 1.5.2 Adaptation & Resilience Market Snapshot: Airports ........................................... 1-94 1.5.3 Client Profile: Power Utilities .............................................................................. 1-99 1.5.4 Market Driver: Impact of Paris Accord .............................................................. 1-107 1.5.5 Trump Effect on Energy Markets ....................................................................... 1-114 1.5.6 Adaptation Veteran Joyce Coffee Shares Strategic Insights............................... 1-120

  • Climate Change Adaptation Industry EBI Report 4800

    2017 EBI Inc. All rights reserved. www.ebionline.org 1-3

    1.5.7 Client Profile: Institutional Market: College/Prison/Healthcare......................... 1-123 1.6 Trends in the Climate Change Adaptation Industry (2015) .................................... 1-128

    1.6.1 Market Estimate Models..................................................................................... 1-128 1.6.2 Local Governments put Adaptation on Their (Long) To-do Lists...................... 1-129 1.6.3 Market Profile: NGOs, Foundations and Federal Agencies ............................... 1-138 1.6.4 The Nature Conservancy .................................................................................... 1-141 1.6.5 Client Profile: Water Utilities ............................................................................. 1-146 1.6.6 Profile: Green Power Labs.................................................................................. 1-154 1.6.7 Profile: Planet Labs............................................................................................. 1-157 1.6.8 Profile: Research Into Action ............................................................................. 1-160 1.6.9 Profile: American Security Project ..................................................................... 1-163

    1.7 Trends in the Climate Change Adaptation Industry (2014) .................................... 1-165 1.7.1 Climate Change Adaptation Business Gains Momentum................................... 1-165 1.7.2 Profile: Professional Service Firms: PwC, Deloitte, CSC .................................. 1-169 1.7.3 Adaptation & Climate Risk Services Reach $120-150 Million.......................... 1-170 1.7.4 Synergies Between Mitigation and Adaptation .................................................. 1-173 1.7.5 First-Tier Clients: Government, Water and Power Utilities ............................... 1-174 1.7.6 Oil & Gas Industry Considers Climate Change Adaptation ............................... 1-177 1.7.7 Water Treatment & Re-use Business in the Oil Industry ................................... 1-177 1.7.8 Consultants Perspective on Oil & Gas .............................................................. 1-178 1.7.9 Electric Power Industry Focuses on Adaptation................................................. 1-184 1.7.10 Q&A: Marstel-Day......................................................................................... 1-189

    1.8 Trends in the Climate Change Adaptation Industry (2012) .................................... 1-192 1.8.1 Climate Change Adaptation Market Takes Shape in the USA........................... 1-192 1.8.2 Market is Small, But Extreme Weather Portends Long-Term Growth .............. 1-195 1.8.3 Adaptation, Disaster Preparedness and International Development................... 1-197 1.8.4 Heat & Water Expose Vulnerability of Conventional Power Generation .......... 1-198 1.8.5 Decentralized Water Treatment a Solution for New Property............................ 1-198 1.8.6 Climate Fixing & Geo-Engineering.................................................................... 1-199

    1.9 Natural Capital and Ecosystem Services................................................................. 1-200 1.9.1 Green and Hybrid Structures for Coastal Resilience (2015) .............................. 1-200 1.9.2 Squashing the Hydrograph with Green Infrastructue (2015).............................. 1-204 1.9.3 Coastal Wetlands Restoration: Carbon Storage.................................................. 1-208 1.9.4 Ecosystem Services Gain Respect ...................................................................... 1-211 1.9.5 URS Fields Growing Demand for Ecosystem Value Assessments .................... 1-213 1.9.6 ESA Evaluates Adaptive Mitigation Strategies .................................................. 1-215 1.9.7 Natural Capital Project: Working With the Private Sector................................. 1-216 1.9.8 Industrial Economics Inc. Q&A ...................................................................... 1-217

    1.10 Niche Market: Sea Level Rise ................................................................................ 1-220 1.10.1 Moffatt and Nichol Takes on SLR for Many Clients (2015) ......................... 1-220 1.10.2 P