While climate change has occasionally been a controversial topic among those in the fringes of the American political spectrum, insurance companies, international agencies, and multi-national corporations have deducted that extreme weather – and the massive rains and floods that often come with it – is an inevitability rather than a possibility.

From Nigeria to New Jersey, people have been hit hard by floods, ocean surges, and torrential rainfall.

Homes, offices and streets have been flooded like rarely before, lives have been lost, and property damaged beyond repair. Citigroup and Deutsche Bank have issued recommendations how investors might benefit from infrastructure improvements from transportation to protective walls.

The World Bank issued a report that up to 1 billion people will need to be evacuated or will find themselves as temporary refugees due to flooding, rains, and storms in the next 100 years.

Photo shows Bruckner Chase in Ocean City in the aftermath of Hurricane Sandy.

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