Water risk is a systemic, material risk
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Water risk is a systemic, material risk that is causing significant economic and social costs right now, from supply chain disruptions unleashed by climate-fueled flooding and droughts, to water and food insecurity caused by dwindling water supply.
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The cost of water risks to business could be more than five times greater than the cost of acting now to address those risks.
- There are practical steps that financial institutions can take right now to protect themselves from the risks created by the water crisis and to have a positive impact on water security.
Kirsten James
Senior Program Director of Water, Ceres
Cate Lamb
Head of Water, CDP
Xavier Lefaive
Principal Administrator, OECD
Source and more : World Economic Forum and Strategic Intelligence
#water economic risk
