Investing in Water Good Long-Term Bet, Goldman Head Says
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Investing in water utilities, infrastructure and water rights offers stable, long-term returns, Kyung-Ah Park, head of the environmental markets group at Goldman Sachs Group Inc., said in an interview.
“Water’s an indispensable necessity, and supply is very inelastic,” Park said in New York. Water infrastructure is a way to invest in the megatrend, said the executive of a world in which one in eight, or 884 million people, still lack access to safe water supplies.