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Water-Energy Nexus: Business Risks and Rewards

Water scarcity challenges industries around the world. Global population growth and economic development suggest a future of increased demand, competition, and cost for limited freshwater supplies. Scarcer water, in turn, creates new challenges for energy supply because coal, oil, gas, and...

This is the fifth installment of a five-part blog series on scaling environmental entrepreneurship in emerging markets. In this series, experts in the field provide insights on how business accelerators, technical assistance providers, investors, and the philanthropic community can work with developing market entrepreneurs to increase their economic, environmental, and social impacts. Read the rest of the series.

Here at WRI, our mantra is “making big ideas happen.” But these “big ideas” don’t need to come exclusively from “big” players like corporations and development banks. In 1999, we set out to prove a new concept—that entrepreneurs and the small and medium-sized businesses they create could make a profound impact on the health of the planet.

Thirteen years on, the proof of our concept is demonstrated daily around the world. As engines of economic growth and laboratories for environmental and social innovation, small and medium-sized enterprises (SMEs) are helping to build modern economies that improve people’s lives while conserving natural resources.

This is especially true in developing countries, where such businesses can account for as many as four in five jobs and almost one-third of GDP. Which is why, back in 1999, WRI chose Latin America and Asia as the focus of its pioneering New Ventures project to nurture environmental entrepreneurs.

This post originally appeared on Forbes.com.

Two-hundred page policy reports don’t normally sit on a CEO’s bedside table. But the U.S. National Intelligence Council’s (NIC) wide-ranging new assessment of what the world will look like in 2030 is essential reading for smart, forward-looking corporate leaders.

Most international media attention around Global Trends 2030, produced every four years, has focused on its geopolitical analysis—rising China, plateauing United States, and potential failing states. But the private sector should pay careful attention to the megatrends the report highlights. Many relate to the profound sustainability challenges facing a warming world that will house around 8 billion people in 2030.

Below is my take on how four of these trends—resource scarcity, a booming global middle class, the rural-to-urban transition, and transformative information and communications technology—will impact businesses, and why corporate leaders should start preparing today.

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