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Climate Change Will Get Worse. These Investors Are Betting on It

“As the U.S. grapples with a second straight year of record hurricanes, floods, and wildfires, a small but growing number of hedge funds, pension plans, and other investors are testing strategies to take advantage of those signs of climate change. Where they’re putting their money provides a glimpse into some of the likely tangible impacts from higher temperatures. The investments include storm and flood protection along the coast, desalination plants in drought-prone regions, new approaches to agriculture, and even land far from the ocean for when rising seas shift the real estate market. ‘In the early stages, people will be nervous,’ says Cembalest, who calls himself an advocate for better flood control. ‘And the returns will be higher.'”

FULL STORY published October 8, 2018 via Bloomberg Businessweek