This list was compiled by Research Whitepaper based on interviews with 100 cleantech firms, executives and analysts, and government officials in the Asia-Pacific markets, who highlighted these five sectors as emerging opportunities.
Trend 1: Water management is a very broad area, and the demand is spread across the Asia-Pacific markets. In Australia, this is more to do with irrigation and protection of its rivers. In China, this involves controlling water pollution, while in most parts of Western Asia, this relates to the provision of potable water. In India, this relates to the protection of key agricultural industries.
Trend 2: Waste-to-energy conversion technologies have been used for many decades, led by Japan and the US, to manage the growing piles of garbage. Some governments are even prepared to help waste management experts set up infrastructure in their countries.
Trend 3: Water management hasbeen widely discussed, especially since the Indian Ocean tsunami, and many scientists in Asia are now looking at how to convert wave power into usable energy.
Trend 4: Tidal energy has been tapped for many years, but the demand remains very strong. There are large-scale wind farms being built and planned in southern Chinese provinces, northern Japanese prefectures, both east and southern Taiwan, the Philippines, southern Australia and Indonesia.
Trend 5: Cleantech finance is a fast growing segment in the non-technical “green industry”. Many firms are setting up presence in the Asia-Pacific region (popular headquarters are Hong Kong, Singapore and Australia), setting up green financial products trading desks and products, new investment funds that trade carbon credits, energy contracts and renewable energy certificates, creating new job prospects for financial professionals.
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