Approximately 18% of the worldÆs population lacks access to safe drinking water, but in Asia almost 70% of people donÆt have access to clean water, explained Bernd Schanzenbacher, head of Credit Suisse's environmental business group, as he spoke at a Green Wave panel on water at the bank's annual equity conference yesterday.
ôBut let me not scare you, because there is hope,ö said Schanzenbacher, as he pointed to his fellow panellists, dubbed the ôwater championsö, who included Remi Paul of Veolia Water Antonino Aquino of Manila Water Sam Ong of Hyflux and KE Seetharaman of the Asian Development Bank.
The three companies represented on the...