Investing to Solve the Global Water Crisis
One billion people lack access to safe drinking water, and this number is likely to grow to nearly 3 billion by 2050. To complicate this problem, 60 percent of the world’s population lives in crowded water basins shared by multiple states — many of whom are failing or are at war with one another. There is a lack of fresh water resources to meet water demand. It affects every continent and was listed in 2015 by the World Economic Forum as the largest global risk in terms of potential impact over the next decade. My guest today invests in solutions to this looming global water crisis.
About our Guest
Matt Weglarz of Tortoise, a Kansas-based asset manager with approximately $21 billion under management
Matt discussed three of his firm’s ETFs: the Tortoise North American Pipeline Fund (TPYP), Tortoise Global Water ESG Fund (TBLU) and Tortoise Digital Payments Infrastructure Fund (TPAY). More information about those funds can be found on Tortoise’s web site.