ESG & Investing
From Apparel to Semiconductors: How Water Scarcity is Reshaping Industries
“We have hotter, dryer climate driving more water demand, and at the same time supply is shrinking,” Bloomberg Intelligence researcher Melanie Rua says on this week’s Zero.
Abandoned pipes from an ongoing water project in Zimbabwe.
Photographer: Zinyang Auntony/BloombergThis article is for subscribers only.
As climate change drives water scarcity, investors are taking note. By 2030, fresh water demand is expected to outpace supply by 40%. The effects of water stress will be felt in industries from apparel to e-commerce, putting up to $70 trillion of global GDP at risk, according to the World Resources Institute.
“Water scarcity is no longer a distant threat,” says Bloomberg Intelligence researcher Melanie Rua, the co-author of a new report on water scarcity, on this week’s Zero.