Droughts and flood events in recent years have highlighted the importance of water as a strategic global resource. Climate change will impact access to water and force many countries to modify how they manage resources, according to a new report from S&P Global Market Intelligence.

The prevalence of severe difficulties to predict weather patterns is likely to continue across the globe affecting populations, countries' economic performances and key industries that rely on water as an essential resource. The El Niño climate pattern is forecast to significantly impact the world in 2024. Water-related stress, however, will be an issue for many years to come in many parts of the world.

How will governments and businesses respond to water stress? And which industries are most likely to be affected?

Access the 2024 Big Picture report here: https://www.spglobal.com/marketintelligence/en/campaigns/the-big-picture-industry-outlook

Featured S&P Global Market Intelligence experts:

Veronica Retamales Burford, Senior Research Analyst, Latin America Country Risk

Will Farmer, Senior Research Analyst, Sub-Saharan Africa Country Risk

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