Climate Tech's Migration Opportunity [Forbes]
International Business Machines Corporation (IBM)
Last international business machines corporation earnings: 4/20 04:08 pm
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Source: Forbes
Extreme weather events, scarcity of water and food, conflict, as well as infrastructure and employment loss will displace many within their own countries, while others will have to leave their countries entirely. For many, relocation could be permanent—gradually rising temperatures, sea-levels, air pollution and other issues will make some countries uninhabitable. Building and funding technologies to support climate migrants will be a critical global need, and perhaps a historic opportunity for scalable solutions that have long-term impact. Most climate tech funding to date has gone toward reducing and removing greenhouse gas emissions. The green transition can't happen without staggering investments in clean, renewable energy as well as decarbonizing the economy as a whole. Without doing so, there is no hope for even slowing global warming. Yet, in parallel, climate change will continue to create instability, particularly for vulnerable populations. Over 3 billion people live in
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- IBM's page on the SEC website