by China Water Risk 11 February, 2014
Will the galloping green horse derail us or will it race ahead in unchartered waters? With environmental risk cited as one of the top risks most likely to derail economic growth in China, check out our top 5 game changers in the watersphere for the year of the Green Horse. As attention turns towards saving water in the wake of rising tariffs, IFC walks us through financing innovations in industrial water efficiency. Regulatory changes which recognise the need to “un-silo” and manage water across industries are also afoot. With industries with high heavy metal discharge singled out, we take a closer look at the leather industry – is it time to look at new ways of doing old things? Ex-banker Martin Haigh thinks so and shares with us how he is betting on business unusual. As government policies turn toward shaping “Business Unusual” thinking, corporate water risk strategies and water risk valuation have become increasingly important. BASF’s Anthony Clymo shares why it is important for the group to have a corporate water strategy whilst WRI’s Paul Reig & Tien Shiao lament inconsistencies in water risk valuation tools that could hinder setting effective mitigation strategies. Here’s to a prosperous horse that hopefully keeps racing on track …. Happy lunar new year!
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