India has emerged as a notable market, presenting a $24 billion investment opportunity amid a predicted worldwide spike in demand for climate adaptation and resilience solutions, which is expected to reach between $0.5 trillion and $1.3 trillion by 2030, according to a new analysis released on Wednesday.

The recent study by Boston Consulting Group (BCG) and Temasek emphasized the pressing need for large-scale solutions to increase resilience across sectors as climate threats continue to escalate globally. Nevertheless, despite this rising need, only around $76 billion is now spent globally on adaptation and resilience measures, with the majority of that money coming from public sources.

This creates a big hole that may be filled by private investment, especially from private equity companies.

The research included many rapidly expanding subsectors that are ready for private investment, such as water efficiency technology, flood defense systems, wildfire prevention, and climate intelligence tools.

In addition to being crucial for mitigating climate risk, many sectors have compelling commercial propositions; several are anticipated to generate double-digit growth and EBITDA margins of as much as 30 to 40 percent.

India plays a particularly significant role in this area of investment. Due to its high level of climate vulnerability, India is a key market for resilience-focused investments, according to Kanchan Samtani, APAC Leader for Corporate Finance and Strategy and India Leader for Principal Investors and Private Equity at BCG.