Published by CDP, Water, Trade and Capital: How Water is Reshaping Geopolitics, Supply Chains and Financial Risk examines how water is becoming an increasingly important factor in economic competitiveness, supply chain resilience and financial risk. Against a backdrop of geopolitical tensions and disruptions to global trade, the report highlights how water scarcity and insecurity can affect production, trade routes and the movement of goods and capital. It makes the case for businesses, financial institutions and policymakers to better recognise water-related dependencies and risks in economic and investment decisions, helping build more resilient economies and supply chains.