Water’s emerging potential
Private companies have a key role to play in improving access to water and sewage services across the emerging world.
Water scarcity is becoming an ever more urgent problem. Resources are dwindling, while demand for clean water and sanitation continues to increase. According to the UN, only one third of countries in the world will have sustainably managed water resources by 2030.1 The need for investment is urgent.
Although the developed world is far from immune, the problem is clearly most acute in developing countries. In North America and Europe 96 per cent of the population have access to safe drinking water, but this drops down to 75 per cent in Latin America and the Caribbean, 62 per cent in Central and Southern Asia and just 30 percent in Sub-Saharan Africa.2
The good news, according to members of the Pictet-Water Advisory Board, is that private investment in water resources is growing across emerging markets.
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