Climate adaptation, water & resources

Extreme weather, water scarcity and resource dependence force adaptation: resilient infrastructure, efficient agriculture, circular economy and insuring the risks. That spans water infrastructure and technology through agriculture and food security, circular economy and specialty chemicals to reinsurance, disaster resilience and building climate technology. Insurers and reinsurers structurally earn from rising premiums on growing risks, while infrastructure and technology providers depend more on the actual pace of adaptation investment.

Water infrastructure & technology

Water pipes in many developed countries are over a hundred years old and lose a significant share of the water running through them to leaks, a state that now forces expensive renewal. At the same time, data centers use huge amounts of water for cooling, turning treatment, pumps and metering into an issue that goes well beyond classic municipal utilities.

InfrastructureProducerService

Wasserversorger · Pumpen und Armaturen · Wasseraufbereitung und Filtration · Mess- und Zählertechnik

+2

8 Core · 20 Enabler · 7 Second row

CoreIts core business is the megatrend itself. · 8 stocks▾

EnablerSupplies or enables the core winners, the trend's pick-and-shovel play. · 20 stocksPro only

Second rowBenefits indirectly, through demand or infrastructure tailwind. · 7 stocksPro only

Agriculture & food security

Global farmland is barely growing anymore while population keeps rising, so more yield has to come from the same land. Precision agriculture, improved seeds and efficient irrigation deliver exactly that, giving makers of this technology structurally growing demand that barely depends on the general business cycle.

ProducerEnabler

Landmaschinen und Präzisions-Agrar · Saatgut und Pflanzenschutz · Düngemittel · Bewässerung

+9

15 Core · 30 Enabler · 12 Second row

CoreIts core business is the megatrend itself. · 15 stocks▾

EnablerSupplies or enables the core winners, the trend's pick-and-shovel play. · 30 stocksPro only

Second rowBenefits indirectly, through demand or infrastructure tailwind. · 12 stocksPro only

Circular economy & specialty chemicals

Newly mining raw materials like lithium or copper is expensive and slow, while recovering them from old batteries or e-waste is becoming increasingly cheaper than digging them out of the ground. Recycling companies benefit twice over: from rising raw material prices and from regulation that increasingly obliges manufacturers to recycle.

ProducerServiceEnabler

Recycling und Entsorgung · Batterie-Recycling · Nachhaltige Verpackung · Spezialchemie für Effizienz

+6

12 Core · 16 Enabler · 5 Second row

CoreIts core business is the megatrend itself. · 12 stocks▾

EnablerSupplies or enables the core winners, the trend's pick-and-shovel play. · 16 stocksPro only

Second rowBenefits indirectly, through demand or infrastructure tailwind. · 5 stocksPro only

Reinsurance & disaster resilience

Storms, floods and wildfires cause higher damages year after year, forcing insurers to significantly raise premiums and reinsurance demand just to avoid insolvency themselves. Providers of catastrophe modeling and protection technology like flood or fire defenses benefit from exactly this growing risk awareness, regardless of whether any given year is calm or disaster-heavy.

FinancierServiceSecond-order beneficiary

Rückversicherer · Sachversicherer · Katastrophenmodellierung · Hochwasser- und Brandschutz

+11

17 Core · 1 Enabler · 10 Second row

CoreIts core business is the megatrend itself. · 17 stocks▾

EnablerSupplies or enables the core winners, the trend's pick-and-shovel play. · 1 stockPro only

Second rowBenefits indirectly, through demand or infrastructure tailwind. · 10 stocksPro only

Air conditioning & building climate

Ever hotter summers are turning air conditioning from a luxury in developed markets into a basic need, while at the same time hundreds of millions of people in Asia and the Middle East can afford one for the first time. This double growth source, more heat plus more purchasing power, makes cooling technology one of the most reliable mass markets in the entire climate theme.

ProducerSecond-order beneficiary

Klimaanlagen · Kältetechnik · Gebäudeautomation · Kältemittel

6 Core · 4 Enabler · 5 Second row

CoreIts core business is the megatrend itself. · 6 stocks▾

EnablerSupplies or enables the core winners, the trend's pick-and-shovel play. · 4 stocksPro only

Second rowBenefits indirectly, through demand or infrastructure tailwind. · 5 stocksPro only