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Why does the financial sector need to think about water risks?

Developed and developing economies alike are exposed to water risk. The numbers are staggering. 2.2 billion people, a quarter of the world’s population, do not have access to safely managed water supply and 1.7 billion people’s water is polluted with faecal matter. At least half the global population (4 billion people) already live with water shortages for at least one month of the year. A study in the United States found that nearly half of its 204 freshwater basins may not be able to meet the monthly water demand by 2071.

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