New WHO report shines light on dirty water
The World Health Organisation (WHO) has released a new report that says nearly 2 billion people worldwide do not have access to clean drinking water. What does this mean in more specific terms? That 1 out of every 4 drinkers on the planet is drinking ‘fecal-contaminated’ water. The WHO has called for dramatic improvements to the global water source, stating that it is a key objective in the pursuit of better health.
Maria Neira, head of the WHO’s public health department, made the following statement concerning the report’s contents:
"Today, almost two billion people use a source of drinking-water contaminated with feces, putting them at risk of contracting cholera, dysentery, typhoid and polio. Contaminated drinking water is estimated to cause more than 500,000 diarrheal deaths each year and is a major factor in several neglected tropical diseases, including intestinal worms, schistosomiasis and trachoma”
Sustainable Development Goals were adopted by the UN General Assembly in 2015, and they included universal access to safe and affordable water and sanitation by 2030. But the WHO says, unless countries start investing a good deal more into drinking water technologies, they will fall far short of this goal.
Xylem Inc., and Halma Plc., have both had a positive month
SOURCE: Yahoo Finance
While governments flounder, the private sector is developing and implementing the technologies that could solve this global water crisis. Dominion holding Xylem Inc. has been influential in the proliferation of water re-use and recycling technologies, setting up plants in Europe, the Middle East, and more.
While Xylem’s clients – like clients of other water technology purveyors such as Halma Plc., Tetra Tech, and more – are from a variety of industries, the WHO report suggests that their biggest customers in the near future may well be the governments all over the world. Guy Ryder, chairman of UN_Water and head of the International Labour Organisation, said:
“This is a challenge we have the ability to solve. Increased investments in water and sanitation can yield substantial benefits for human health and development, generate employment and make sure that we leave no one behind.”
Dominion holds Xylem Inc., Halma Plc., and other relevant water technology companies in the Water sector of its Global Trends managed Fund.
If you would you like to receive the Newsfeeds daily, please click here to sign up now!Help us make this Newsfeed better by rating this article. 1 star = Poor and 5 stars = Excellent
- Click here to print this story: Print
The views expressed in this article are those of the author at the date of publication and not necessarily those of Dominion Fund Management Limited. The content of this article is not intended as investment advice and will not be updated after publication. Images, video, quotations from literature and any such material which may be subject to copyright is reproduced in whole or in part in this article on the basis of Fair use as applied to news reporting and journalistic comment on events.