Even given the daily fluctuations of ongoing and systemic world financial woes, climate change remains a front-burner issue - and a new political administration means that Washington's stance toward that issue will change, too.

Both Deutsche Bank and Goldman Sachs figure climate change as a financial opportunity as well as global concern and are taking different strategies to meet it. Over the past 18 months both have built multifaceted groups to create strategies related to climate change - that is, infrastructure investment, technology innovations, water supplies and agriculture, alternative energies and energy independence, and the ongoing long-term effort to establish a carbon market.

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