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Currents of capital: Navigating challenges and opportunities in the global water sector
- July 1, 2025: Vol. 18, Number 7

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Currents of capital: Navigating challenges and opportunities in the global water sector

by Joanne Emerson Taqi and Bill Malarkey

The water sector faces unprecedented challenges: escalating water scarcity, deteriorating infrastructure and intensifying climate impacts. These pressures have elevated water from a niche concern to a strategic priority for governments, corporations and institutional investors. Given that funding gaps for global water infrastructure are estimated to be in the trillions of dollars, solutions must be efficient, scalable, collaborative and financeable.

The Currents of Capital 2025 Report provides insights into how investment is flowing into water infrastructure and water-related technology and services worldwide. Our research draws on the perspectives of more than 300 senior decision makers across the global water value chain, including water utilities, multinational corporations, investment funds, engineering firms and technology providers.

Our findings reveal a growing recognition of the fundamental importance of water to economic security and sustainable devel

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