STOCKHOLM, Aug. 29, 2016 /PRNewswire/ -- Investor balance sheets may be off by billions, as water hungry 20th-century technology meets the realities of a water-scarce 21st century, according to reporting from Circle of Blue, the award-winning network of journalists and researchers that covers water and worldwide resource issues.
Examples of enormous financial losses, largely driven by drought and flooding, are quickly emerging in the energy, mining, power-producing, and agricultural sectors. These losses are projected to worsen as climate change disrupts already stressed systems worldwide.
To put the situation in immediate context, Circle of Blue and the Stockholm International Water Institute are convening a special international, interactive broadcast, Tuesday, Aug 30, 9 a.m. to 10:30 a.m. (EDT), 3:00 p.m to 4:30 p.m. (European Central Time).
Discussion leaders include:
Executive Director, Stockholm International Water Institute and former Ambassador at the Swedish Ministry for Foreign Affairs and Head of the Department for Development Policy
Global Head of Water at CDP
Director of the Investor Water Hub, Ceres
Economist and co-founder of Z/Yen group
Water and finance experts will debate how various sectors are responding — or not — to water asset risks.
"The World Economic Forum Global Risks Report 2016 ranks water crises as the top concern of the decade — we're now seeing these water risks turn into realities affecting finance," said J. Carl Ganter, managing director of Circle of Blue. "Current growth models are predominantly not factoring in these new realities, putting investors at risk for un-valuated or under-valuated stranded assets."
From India to South Africa, policy makers, investors, and municipal planners, are looking for creative solutions to rate the accelerating risks associated with water-related stranded assets.
Water scarcity strands billions of investor dollars, altering global economy
Interactive Live Broadcast
Tuesday, Aug 30
9 a.m. - 11:30 a.m. (US-EDT)
6 a.m. - 7:30 a.m. (US-PDT)
3:00 p.m. - 4:30 p.m. (Central European)
Visit the website to register and learn more details.
There is no charge to participate.
Circle of Blue, the center for frontline reporting on water resource issues and their relationship to food and energy globally, is recipient of the Rockefeller Foundation Centennial Innovation Award.
The town hall is produced by Circle of Blue, with technology and support from Vector Center and MaestroConference.
+1 (844) 324-7253 x 710
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SOURCE Circle of Blue