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Water Financing to be an urgency: WEF Reports

  • 30 January, 2019 - World Economic Forum’s Global Risks Report revealed environmental factors as the most devastating risks to business and society, and the most likely. Another major risk identified in the report are water crises, which are listed among the five most damaging risks, confirming a trend that started eight years ago.

    Water is the predominant means through which the impacts of climate change and demographic pressure are being felt and Investments in water infrastructure are both critical and urgent for countries to adapt to these changes, yet efforts in closing the funding gap are currently failing. In their recently released report “Water Infrastructure for Climate Adaptation”, the World Water Council and Global Water Partnership address these issues directly. Through a set of 12 recommendations, the report explores specially-designed investments to help increase the climate resilience of water systems.

    Source - UNI India