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Puppy Love, Top Dog or Underdog?

Puppy Love, Top Dog or Underdog?

by China Water Risk 14 February, 2018

As we move from the Year of the Fire Rooster to the Year of the Earth Dog, stay ahead and find out who’s the top dog, pitbull or underdog in our 5 trends. It’s also Valentine’s Day, so let’s talk about love! Firstly, we are in love with China’s water regulations and laws. Not only did the new Water Law come into effect on 1 January 2018, but so did the new Environmental Protection Tax Law and more. Plus, the Water Resource Tax has expanded to 9 provinces. See our reviews. Also, the 2018 No. 1 Document is out and its focus is charting a roadmap for rural vitalisation. We are loving it all! The public too are getting more of a “bite” by having a greater say in the environment – Pacific Environment’s Hanyuan, McDonald & Zhong expand. We can also show our love for water by re-examining our diet. Vanham from the European Commission looks at Hong Kong’s diet’s high water footprint. Furthermore, Ovink, Special Envoy for Water, points out that we still haven’t grasped the complexity of water crises but there are ways to leapfrog. Whether it turns out to be a pitbull or poodle of a year, we need to recognise that Asia doesn’t have enough water to develop. We need to plan, plan and plan to avoid a ‘dry-out’ like Cape Town. Reaching for low hanging fruit is not good enough, we need to reach high. Now go fetch us a bright future! Happy lunar new year!

 

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Author: CWR
We believe regardless of whether we care for the environment that water risks affect us all – as investors, businesses and individuals. Water risks are fundamental to future decision making and growth patterns in global economies. Water scarcity has emerged as a critical sustainability issue for China's economy and since water powers the economy, we aim to highlight these risks inherent in each sector. In addition, we write about current trends in the global water industry, analyze changes occurring both regionally and globally, as well as providing explanations on the new technologies that are revolutionizing this industry.
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