This pubication says that market drivers for climate change investments remain robust driven by mandates and innovation policy. The 2010 Outlook is bullish for public markets, private equity / venture capital and infrastructure investments. At a macro level, climate change investment involves a unique blend of technology innovation, environmental protection, national security, and economic recovery. Climate change investment covers several key areas - clean energy, energy efficiency, agriculture and water, and is a secular beneficiary of global growth trends, particularly in developing markets. Overall, clean energy, energy efficiency, water and agribusiness managed to outperform the world equity markets from the bottom of the market through the end of 2009. They also exhibit outperformance on a three year basis.