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Carlos Cosín

Water’s New Multiple: From Defensive Yield to Strategic Resilience

Water is evolving from a defensive infrastructure asset into a strategic resilience platform. As scarcity, climate volatility, regulation and industrial demand reshape the sector, the investment thesis is shifting toward companies capable of turning water risk into scalable, resilient growth.

Floods: Why Spain’s Exceptional Rains Don’t Resolve Long-Term Water Scarcity

Spain’s recent wave of exceptional rainfall has brought much-needed relief after years of drought. Reservoirs are filling and restrictions may ease. Yet this meteorological episode does not resolve the country’s structural water scarcity. As extreme rainfall events intensify under climate change, the challenge is not simply how much rain falls, but how water systems capture, manage, and store it. Spain’s experience illustrates a broader lesson: floods can relieve short-term pressure, but long-term resilience depends on infrastructure, governance, and investment in smarter water management.

When Capitals Run Dry: Water as the New Geography of Investment

From Tehran to Jakarta, and Cairo to Lagos, national capitals are confronting a new reality: their future depends not only on political will or economic strength, but on their ability to secure water. This article explores how water scarcity and climate stress are forcing countries to rethink urban planning, relocate capitals, and redefine the meaning of capital investment. For policymakers and investors alike, this is not just a crisis—it’s an opportunity to build resilience and unlock the next frontier of sustainable infrastructure.

Water Crises: A Global Reality Check – Beyond Anecdotal Evidence

In 2025, water scarcity has become a global issue, affecting countries across various climates and economic levels. From urban infrastructure failure in Hyderabad, India, to excessive groundwater depletion in Tehran, Iran; from Zambia’s prolonged drought impacting food and energy security, to the Rio Grande’s decline threatening agriculture in the U.S.; and even in water-rich regions like the United Kingdom facing unprecedented dryness, the water crisis is widespread and systemic.