CWR (China Water Risk)
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CWR (China Water Risk) Details
CWR was launched in 2011 to foster efficient and responsible use of the China's water resources by engaging the global business and investment communities in understanding and managing China's water risk. Since industrial & agricultural sectors in China are the largest polluters, plus account for over 80% of national water use. As the landscape has evolved and us to, we want to catalyse a better understanding of the complex web of water risks to unlock innovations. We have come far. Today, CWR leads the global water risk conversation with proprietary research including co-publishing policy briefs with government-related bodies in China and beyond. Reports we have written for financial institutions have been considered ground-breaking in the understanding of sectoral water risk. We engage extensively with the business and investment communities.Although our work has been focused in China, we have seen our utility grow beyond. The deep-rooted global supply chain in China has provided us with a unique opportunity to leverage our knowledge and insights into the evolving regulatory landscape to achieve an "ecological civilization"in China. These regulations have global impact; the ban on plastic waste imports is case and point. Less obvious is China's recognition that the environment including water, poses a material risk and that these risks. Already, Chinese banks are stress testing their loan portfolios against the new regulations. In this regard, we are pleased to be invited to participate in the Task Force on Environmental Risk Analysis and to be a member of HK's Green Finance Association. Water risks know no borders. Given Asia's urgent and pressing water challenges, lessons from China can be shared and learned. All these could help Asia leapfrog ahead and effect the paradigm shift in business practices.
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