TOKYO -- As climate change brings elevated risks of extreme weather events, companies in disaster-prone Japan are seeking business opportunities in providing unique solutions to water problems during disasters. Startups and small companies are finding a place to shine in this relatively niche area.
When it comes to climate change, businesses have tended to focus on minimizing environmental impacts, such as by reducing carbon emissions and saving energy, and large companies with funding power have an advantage here. But there are emerging opportunities in adapting to climate change, such as the new field of disaster tech, where small businesses can make the most of their strengths, said Hidemichi Miyake, an associate professor at Senshu University and expert on the creation of new markets.
