ICA joins the Advisory Board of the Water Risk Filter
1 January 2014
January, 2014: The Water Risk Filter – developed by World Wildlife Fund for Nature (WWF) in collaboration with German Development Bank Deutsche Entwicklungsgesellschaft (DEG) – is a free, online tool that allows investors and companies from all industry sectors to assess and quantify water-related risks across the globe. The Filter is designed for the non-water expert user and contains highly-detailed data sets for 231 countries and territories.
For a company, the Water Risk Filter can be used to assess water related risks for their own operations, suppliers or growth plans. The results of the risk assessment and the provided possible mitigation responses provides guidance for strategic choices regarding supply chains and programmes that can be initiated with suppliers, or other companies. The results can also used for companies to complete the Carbon Disclosure Project (CDP) questionnaire.
For an investor or creditor, a risk assessment can help identify potentially significant risks for your client and therefore return on investment. This information can lead to technical advice to clients on how to better manage waster risk as well as pre-conditions for loans and investments and improvements for less risky investments.
The ICA has joined the Advisory Board of Experts to accompany and guide the future development of the water risk filter in providing valuable insight in ICA’s work on project preparation, financing and general investment risk assessment.
Learn more about the Water Risk Filter on: http://waterriskfilter.panda.org/
The ICA Water Platform is championed and financed by Germany.
Categories: General News