As federal funding to modernize the US water infrastructure is gradually being rolled out and as extreme droughts hit most parts of the world last summer, water companies’ Q3 earnings were mostly overwhelming against a tough macro backdrop, a clear reminder that water is a secular theme will little macro sensitivity. On the infrastructure side…
By 2030, water demand could exceed supply by 40% thanks to population growth, urbanization and climate change, plunging half of the world into critical water stress.
There’s consequently an urgent need to bring in new techniques to rein in water usage (notably through smart irrigation in agriculture) and to upgrade an ageing infrastructure to prevent leaks.
Governments around the world are taking notice, with for instance the US government in the early stages of a massive investment plan. These new infrastructure policies are also the opportunity to adopt eco-friendly materials, energy-efficient devices and monitoring tech.