In an announcement from the 2023 Annual Investment Meeting, it was revealed that the global investment in water resources reached 1117 trillion in 2023, representing a 32.1% increase from the previous year. The investment was made by 41947 companies, indicating significant growth in the water resource sector.
The report also showed that the total global investment in water resources reached 41947 trillion, with a 32.1% increase, totaling 9870.1 trillion. The investment in water infrastructure and technology saw a 9.4% increase, reaching 110 trillion.
Furthermore, the report highlighted the significant role of international cooperation and investment in water resources. It emphasized the need for collaboration and shared responsibility in managing and investing in water resources. The report also indicated a 110.3% increase in international cooperation, with specific increases of 94.6%, 90%, 66.1%, and 33% in various sectors.
The meeting also presented the economic impact of water resources, indicating a total global investment of 2834.4 trillion, with a 1.9% increase. The water infrastructure and technology industries saw a 9.5% increase, reaching 6721 trillion. Additionally, the report highlighted the importance of water products in the economy, with a 15.9% increase in investment.
In other news, Castro announced his plans for water resource management and investment. He emphasized the need for sustainable and efficient water resource management to address global water challenges.
Overall, the 2023 Annual Investment Meeting shed light on the significant increase in global investment in water resources and emphasized the need for international cooperation and sustainable management to address water challenges.