"With an average annual rainfall of 1,170 mm, India is one of the wettest countries in the world. Still, even with its rich natural water resources, with more than 300,000 square meters of bodies of water, the country is plagued by environmental issues such as water pollution from raw sewage and runoff of agricultural pesticides (Sharma, 2005). Another major problem is that tap water is not potable throughout the country. This implies that people, especially those from the lower income bracket, cannot avail of clean drinking water, since these have to be bought. Repugnant as it may sound, it is a reality that millions of Indians queue up everyday at public taps for one of life's most precious commodity — water." -ADB

Thursday, 24 December 2009

GE, WRI, GOLDMAN SACHS JOIN TO MEASURE WATER RISKS

 
GE, WRI, GOLDMAN SACHS JOIN TO MEASURE WATER RISKS

In partnership with Goldman Sachs (New York, NY), the World Resources Institute (WRI) (Washington, DC) and GE Power & Water (Trevose, PA) have launched an initiative to measure the water-related risks faced by corporations and their investors. GE, WRI, and Goldman Sachs will develop a Water Index to provide a standardized method for identifying and mitigating water-related risks such as resource availability, water quality, and regulatory exposure. “In many regions around the world, water scarcity from climate change and pollution is starting to impact a company’s performance, yet few analysts account for water-related risks,” said WRI President Jonathan Lash. “WRI hopes that investors will begin ‘pricing in’ these under-appreciated risks, driving investments to support more hydrologically efficient designs and technologies.”

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1 comment:

Mr.Venturous Blogger said...

I like it. Positive changes are directly aligned with proper change management. Here I would like share one link where good stuff regarding change management is available.

http://changemanagementprocess.blogspot.com/

Fri Dec 25, 07:40:00 pm GMT+5:30

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