Worldwide more than 2 billion people have limited access to clean water and have to use water which is contaminated at some level.
More than half the world’s population – and approximately half of global grain production will be at risk due to water stress by 2050, if business-as-usual persists.
Climate change manifests itself primarily through changes in the water cycle, and its impacts have direct consequences for water security.
The Fund will limit its investments to European-based portfolio companies (with a special focus on Central and Eastern Europe and the D-A-CH region), which seek to sell their services cross-border throughout Europe and/or globally.
A model investee company will have a number of the following characteristics, such as:
providing access to water supply– and creating sustainable and reliable supply systems for new water infrastructure;
increasing water provision efficiency–improving irrigation, leakage detection, installing smart meters and creating effective solutions for sustainable use of available resources;
improving water quality and treatment facilities–developing cutting-edge filtration technologies and disinfection chemicals;
have clear SDGs– when targeting environmental impact, where the impact should be well-defined, integrated into the business model and be capable of systematic and objective measurement;
have a realistic exit strategy– which does not compromise their long-term environmental impact goals.