MENA is among the most fresh-water scarce regions in the world. Average annual per capita water availability was 977 cubic meters in 2001, well below the United Nations (UN) definition of water scarcity.
By 2023, this is expected to decrease to 460 cubic meters.With the exception of Egypt, Sudan, Iraq, Lebanon, Syria, all MENA countries are projected to be under severe water stress by 2025.
Most MENA securities markets have achieved significant advancements in
corporate governance regulations and disclosure requirements. Today, there is growing awareness among listed companies that the next phase of transparency will be related to environmental and social performance. There is a limited, but growing, demand from investors for companies to disclose such information.
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