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PowerShares Water Resources Message Board

  • fearingsf fearingsf Dec 13, 2012 2:04 PM Flag

    Report projects $1 trillion water services market by 2020

    With demand for clean water rapidly outstripping supply, the global market for water-related services will double to about $1 trillion by 2020, according to a recent report by BofA Merrill Lynch Global Research (New York, NY). Based on the views of 35 analysts covering 60 water companies in 18 countries, the report, titled A Blue Revolution – global water, says that close to half of the world’s population will be living in water-stressed areas by 2030, and that unless more sustainable water management systems and practices are adopted, 45% of the projected 2050 global gross domestic product (GDP) at 2000 prices could be at risk. The report concludes that the water industries in Asia and South America are poised for the strongest growth, and it finds that, with public finances under pressure, about 30% of global investment will come from private sources by 2016, compared with only 16% today.

    Environmental Business Journal

 
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