Despite being vital to health, security, and economic prosperity, water is often taken for granted. As supplies come under growing strain, water-related considerations will shape economic policy and political decision-making, as well as firms’ investment decisions, risk assessments, and corporate strategies.
Through recycling, R&D and diversifying imports as well as by facilitating a regional market for rare earth minerals, the dependence on the Chinese supply chain can be reduced.
Engaging the world’s largest polluter on climate solutions has not been smooth sailing. Supply chains are highly inter-connected and businesses find that they need to tread along a tightrope between China and the West, even on climate.