Water is the source of life—and it’s becoming increasingly scarce. By 2030, the gap between global demand and supplies of fresh water is expected to reach 40%. The climate crisis, population growth and the transition to clean energy may increase that deficit further.
Desalinated water may still be too expensive for agricultural use, but it could be a viable option for households, businesses, and industries to tap new sources of freshwater.
In contrast to U.S. equities, stock markets in Europe and Japan are more reasonably priced and geared toward growth
Source: Morgan Stanley, 14 February 2022