Worsening Water Woes to Play Bigger Role in Sovereign Ratings

  • Water risks already seen on sufficiently regular basis: Fitch
  • Bangladesh, Rwanda, Vietnam the most exposed to flood risk

Photographer: Money Sharma/AFP via Getty Images

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Intensifying risks related to water such as its scarcity and extreme events like droughts and floods are set to become a more crucial factor in determining sovereign ratings, adding pressure on countries to work on climate change.