While global demand for natural resources is growing steadily, supply is limited. This holds in equal measure for water, agricultural commodities, fossil fuels, metals and ores – and has far-reaching implications for the world’s climate. In the absence of hard-hitting measures to counter this trend, prices for these natural resources will continue to rise. One of the most important parameters to ensure future supply is to boost efficiency in the utilisation of these resources. The measures required to meet these challenges will trigger fundamental changes harbouring numerous risks and opportunities for market participants.