Collaborative Solutions for Water Challenges

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The chapter emphasizes the importance of collaboration between the private sector, public sector, and philanthropy in addressing water challenges, highlighting the role of philanthropic capital in kick-starting investments and infrastructure development. It discusses the need for a multi-faceted approach to drive impactful change in water management and the significant investments required to achieve Sustainable Development Goal six - water and sanitation for all.

Today is World Water Day, and we’re talking with Gary White in the latest episode of the ESG Insider podcast. Gary is CEO of the nonprofit Water.org, which he co-founded with actor Matt Damon. Gary is also CEO and Co-Founder of impact investment manager WaterEquity.

In the interview, he talks about the intersection of water challenges and climate change; the role of infrastructure in addressing water needs; and how finance can offer solutions to the water problems facing many low-income populations around the world.

“Even though these challenges are immense, they're inherently solvable — we know how to make water safe, we know how to distribute it," Gary says. "It's not rocket science in terms of doing this, but it is about investment capital that's needed."

Listen to our episode from COP28 featuring Gary White: https://www.spglobal.com/esg/podcasts/climate-adaptation-finance-data-and-nature-what-we-learned-at-cop28

Listen to our episode about the role of public-private collaboration in addressing water challenges: https://www.spglobal.com/esg/podcasts/at-cop28-solving-for-water-challenges-through-public-private-collaboration

Read research from S&P Global Sustainable1 about the financial costs that climate hazards like water stress, flooding and drought pose for companies: https://www.spglobal.com/esg/insights/featured/special-editorial/quantifying-the-financial-costs-of-climate-change-physical-risks

Listen to a replay of a webcast from S&P Global Sustainable1 about water risk: https://spgi-mkto.spglobal.com/BeyondESGwithFinancingSustainableWater-ODWebinarRegistration.html This piece was published by S&P Global Sustainable1, a part of S&P Global.

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