Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe Log In

Water investments primed to flow in 2020

Millions of people around the world lack access to clean water, for reasons including physical shortages as well as poor infrastructure and governance. Global warming will only exacerbate the situation as droughts and flooding become more common. By 2030, 40% of the world’s population will not be able to meet their water needs. Yet global water demand is expected to increase 55% by 2050, according to the Organisation for Economic Co-Operation and Development.

The water imbalance is drawing new investor interest. “Companies alleviating water scarcity will be good investments” in the decade ahead, UBS Global Wealth Management’s Solita Marcelli told CNBC’s Closing Bell in late December. 

L’eau and behold: Paris-based CityTaps recently raised €2.2 million to help utilities bring running water to urban households in developing countries. After a pilot in Niger, CityTaps is launching its smart metering system, CTSuite, in the Kenyan city of Malindi, and expects to expand country-wide in 2021. Singapore-based family office Inheritance Enterprises and the Vitol Foundation, as well as existing investors, backed the round.

Other signs of the growing interest:

Clean water. In India, where 21 major cities are expected to run dry this year, Aquvio raised a pre-Series A last July to provide purified water to schools, hospitals and government agencies. Beneficial Returns last summer provided debt financing to Guatemala-based Ecofiltro and Indonesia-based Nazava, which make low-cost water filters for home use. 

Infrastructure. In Cambodia, Khmer Water Supply Holding snagged a (KWSH) $500,000 loan from Nexus for Development to expand small-scale water infrastructure.

Wastewater. Fidelity launched a Sustainable Water and Waste Fund in the U.K. after its Luxembourg-based water fund surpassed $1 billion in just over a year. KKR is investing in wastewater treatment facilities to better monitor and remove harmful nutrients (see, Water Detox: Why KKR is investing in wastewater treatment to manage ‘nutrients”).

You might also like...