Water security will become the biggest global investment theme during the next decade as global temperatures rise, according to a new report published by Global Water Intelligence. It includes an analysis of weather-related insurance, which shows that at least 69 percent of the cost of climate change is water related.
Investing in a water-secure future makes the point that value at risk from extreme weather events — droughts, floods, rising sea-levels, storms and wildfires — is set to increase sharply, especially now that we have officially crossed the United Nation’s 1.5-degree Celsius target. With the El Nino ocean-warming effect continuing into 2024, climate-change adaptation — and water security in particular — is becoming an even bigger global imperative.
The report, which is published in partnership with investment firm XPV Water Partners, argues that better water management in agriculture, cities and industry holds the key to water sustainability and c