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Responding to and preparing for climate change is a huge driver of environmental work globally, according to several firms in the sector.

Low oil and gas prices are continuing to restrict the petroleum industry’s development of exploration and production infrastructure, but the need to deliver affordable liquefied natural gas (LNG) and other fuels to economic centers will boost prospects for pipeline and other distribution infrastructure investments in Asia and other regions.

The global energy sector is under­going significant change, with more emphasis on renewable projects, microgrids and distributed generation, sector firms say.

In a year that has seen many surprising political shifts, the International Monetary Fund’s global outlook, released in October, shows that worldwide economic growth is expected to slow to 3.1% in 2016, then increase to 3.4% next year.