Infrastructure | Innovative Finance | Infratech | ESG | Energy Transition | PPP | Digital Transformation
This year’s edition of #siww2024 had the water industry ecosystem discussing issues not only limited to water access and security but also coastal and flood protection. The energy water nexus was at the forefront as the world grapples with confluence of challenges - geopolitics, economic and climate change. The KPMG hosted panel on green financing for utilities and explored ways of transitioning to a sustainable future. The key takeaways included access to innovative and alternate sources of green financing at competitive rates; technology innovation; collaboration across public, private and civil societies; capacity development amongst the key stakeholders; and proper structuring of water projects to create a successful precedence that can be replicated across jurisdictions. The bottom line - financing is not a constraint if we can get policies right to create a commercially sustainable utility sector by leveraging the best of partnership approaches and mainstreaming technological innovation to address legacy challenges. Thanks to the panel members for an engaging and insightful discussion peppered with real life examples. Chee-Kiat C., PUB, Singapore's National Water Agency Victoria Delmon, The World Bank Wee Yeat Chong, Maybank Narsingh Chaudhary, Black & Veatch KPMG Singapore Dr Deven Chhaya, Wen Bin Lim, Sumouleendra Ghosh
Chief Financial Officer
8moThank you for convening this panel, Sharad Somani! We can all do more to raise awareness and communicate the effforts and opportunities in water, and coastal and flood protection to the financial and investor community.