WaterEquity has raised more than $100 million for its Water & Climate Resilience Fund.
WaterEquity says the fund brings together corporate, foundation, and institutional investors committed to driving collective action across water stewardship, sustainable development, and climate resilience. Investors include Microsoft, Starbucks, Xylem, Reckitt and Gap.
The fund will invest equity and debt capital across the water value chain, such as bulk water supply, water distribution, wastewater treatment, and water reuse. It aims to reach 15 million people with safe water or sanitation access across Africa, Asia, and Latin America. The fund’s strategy is to make private investments in emerging and frontier markets’ water and sanitation sectors, focusing on a portfolio of projects and growth companies.
Marlene Hormes, Chief Investment Officer, WaterEquity, said, “Our investments in climate-resilient water infrastructure and innovative solutions are not just intended to meet for immediate needs but also to build long-term resilience for millions of people in low-income populations. This strategy has the power to transform communities, secure water resources, and create lasting impacts for generations. The Water & Climate Resilience Fund will exemplify how private investment can tackle the most urgent water and sanitation challenges in emerging markets.”
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