![]() It is now at unprecedented lows in terms of capacity, causing widespread negative impact on both people and agriculture. For example, Lake Mead, North America’s largest manmade water reservoir, serves as the primary water source for many states, including California, Nevada, Arizona, and New Mexico. 5īut severe climate issues are exacerbating the risk. Since 2000, 1.8 billion people have gained access to drinking water services and 2.1 billion have gotten access to basic sanitation services. The good news is that there has been some progress. 2.7 billion people live without access to fresh water at least 1 month per year.2 million people, mostly children, die every single year either from lack of water or from disease they got from tainted drinking water.Six in 10 lack safely managed sanitation.One in 3 people (2.2 billion) lack access to safe, readily available water.People are already dying from lack of clean water and sanitation and the situation is expected to get worse. The world's population is expected to increase by 2 billion over the next 30 years to almost 10 billion. These factors are going to put an enormous strain on an already fragile water system. The 3 main problems exacerbating the crisis of water scarcity include the lack of sufficient infrastructure, a booming population, and climate change. I think we're at a tipping point when it comes to global water scarcity. What are the trends driving the increasing need for water sustainability? Viewpoints caught up with Glazer to talk about the potential investment opportunities in water and why doing good for the planet can be good for investors. ![]() The fund invests in companies that are helping drive greater efficiency, extending the lifecycle, improving infrastructure, and developing disruptive technologies. ![]() "The global water supply is finite and there is no new water," says Janet Glazer, portfolio manager for the Fidelity ® Water Sustainability Fund ( FLOWX). ![]()
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