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Climate Risk Management Market to hit $19.08B by 2031 with 17.3% CAGR, driven by AI and geospatial tech adoption

Market News
25 Jun 2026
Marketsandmarkets™
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Bullish
pluang ai news

The global Climate Risk Management Market is projected to grow from $8.59 billion in 2026 to $19.08 billion by 2031, at a CAGR of 17.3%. Growth is fueled by increasing adoption of AI-driven analytics, geospatial intelligence, and cloud-native platforms that help organizations assess climate-related risks and improve resilience. North America leads the market, with strong demand for risk assessment tools and emissions management solutions driven by regulatory pressures and stakeholder expectations. The market outlook includes expanding use of scenario analysis, carbon accounting, and integrated reporting aligned with frameworks like TCFD and ISSB, supporting enterprises in climate governance and long-term operational continuity.

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