The Financial Post reports in its Wednesday edition that climate resilience has emerged as a key theme shaping government policies and transforming markets. Guest columnist Aman Budhwar writes that a recent report by Blackrock Investment Institute estimates extreme weather -- the fires, hurricanes, floods, and tornadoes that have been front-page news all summer -- could clip more than 5 per cent from economic activity by 2050, even as the low-carbon transition evolves. Current and future investment decisions need to factor in the various effects of policy, production, consumption patterns and capital allocation during the transition to a low-carbon world. Many companies are poised to benefit from the clean energy transition and some of them are in Canada. Mr. Budhwar notes, for example, that Computer Modelling Group is a software technology firm that develops and licenses reservoir simulation software and related services. The energy transition, specifically carbon capture and storage, hydrogen storage and geothermal, is a growing business for the company, contributing 22 per cent of software revenue in the quarter ended June 30, 2023, up from 15 per cent as recently as the quarter ended Dec. 31, 2022.