CDP launches global water disclosure initiative

Investors will be able to evaluate companies' exposure to water shortages, an expected impact of climate change, under a new "water disclosure project" launched by the Carbon Disclosure Project (CDP) on Thursday.

"Much of the impact of climate change will be felt through changing patterns of water availability," CDP chief Paul Dickinson said. "If climate change is the shark, then water is its teeth and it is an issue on which businesses need far greater levels of awareness and understanding."

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