But it has come at the cost of depleting those resources.
Air pollution is the greatest environmental-linked threat to humans, UBS said, and is the fourth leading cause of death around the world.
The bank suggests investing in treatments for illnesses linked to climate change, which includes both drugs and medical devices.
As we move toward new technologies and infrastructure, long-term sustainability needs to be considered, the bank said, and the role of government will be key.
Investors should look to companies with energy-efficiency solutions, as well as those focused on generating renewable energy like wind and solar, according to UBS.
UBS also highlighted the emerging role of electric transport and the role that fuel cell and battery companies will play in facilitating the rise of cleaner vehicles.
Land use follows energy as the second-largest source of global emissions, which come from land-clearing activity like the lumber industry as well as intensive farming, UBS said.
Smart agriculture, such as biotech, genetic engineering ventures, and vertical farming are another avenue for investment, the bank said.
Supplies of fresh water — one of the world’s scarcest resources — will face increasing pressure from rising populations, ongoing urbanization, and industrialization in emerging markets, UBS said.
Jack Denton is a reporter with Barron’s Group in London.