�Scarcity will have a direct effect on the governments and industry within the next two decades. While the current�discourse focuses almost exclusively on energy, it misses the broader picture of global scarcity. Water, minerals and�even food are at risk in addition to energy resources. The increased demands from rapidly developing countries�puts tremendous pressure on global resources increasing the cost of copper, phosphorous, cement, grain and a�wide array of other resources to near or beyond record levels. Foresight analysis projects that this rising trend will�not abate in the near future and the interaction of these various forms of scarcity may exacerbate the problem. As a result, there will be an increased risk of resource conflicts and economic downturn. Yet as troubling as this scenario�may seem, it provides a wide array of opportunities to exploit. The ability to be flexible and innovative is central to�taking advantage of the situation. Resource management is an especially important field. The ability to create new�methods of utilizing existing resources and reprocess existing ones is a vital business opportunity in the near future.
Marjolein de Ridder is a strategic analyst at HCSS. She holds a degree in Political Science from the University of Leuven and a Master’s degree in International Relations and Diplomacy from Leiden University and the Clingendael Institute.
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