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WATER SCARCITY & CLIMATE MITIGATION
By 2025, an estimated 1.8 billion people will face absolute water scarcity, while two-thirds of the world’s population could be living under water-stressed conditions. According to the WHO and UNICEF Joint Monitoring Program for Water, nearly 30 million people in Indonesia do not have access to a safe drinking water source.
Emerging technologies offer solutions to cost-effectively mitigate or solve water scarcity challenges. While awareness around water scarcity is rising globally, areas with widely dispersed, low-income populations, such as the Indonesian archipelago, present additional logistical and business challenges. These same coastal communities are vulnerable to the impacts of climate change.
For remote areas that struggle with water scarcity and the expense and waste associated with water bottled in single-use plastic, Financing Change is focused on creating business models for innovative technologies that provide clean potable water.
We also design innovative solutions, such as parametric insurance, to protect coastal communities’ incomes against adverse weather events, and model climate adaptation measures.
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