{"id":127228,"date":"2026-06-23T06:28:53","date_gmt":"2026-06-23T06:28:53","guid":{"rendered":"https:\/\/alj.com\/perspective\/is-risk-the-real-barrier-to-water-investment-in-emerging-markets\/"},"modified":"2026-06-24T11:16:36","modified_gmt":"2026-06-24T11:16:36","slug":"is-risk-the-real-barrier-to-water-investment-in-emerging-markets","status":"publish","type":"perspective","link":"https:\/\/alj.com\/ja\/perspective\/is-risk-the-real-barrier-to-water-investment-in-emerging-markets\/","title":{"rendered":"\u65b0\u8208\u5e02\u5834\u306b\u304a\u3051\u308b\u6c34\u3078\u306e\u6295\u8cc7\u3092\u963b\u3080\u771f\u306e\u8981\u56e0\u306f\u30ea\u30b9\u30af\u306a\u306e\u304b"},"content":{"rendered":"<p>\u65b0\u8208\u5e02\u5834\u306b\u304a\u3051\u308b<a href=\"https:\/\/alj.com\/en\/spotlight-by-fady-jameel\/going-with-the-flow\/\">\u6c34\u30a4\u30f3\u30d5\u30e9<\/a>\u306e\u554f\u984c\u306f\u3001\u9577\u3044\u9593\u77db\u76fe\u3057\u305f\u72b6\u614b\u306b\u3042\u308a\u307e\u3059\u3002\u6295\u8cc7\u306e\u793e\u4f1a\u7684\u30fb\u7d4c\u6e08\u7684\u6839\u62e0\u306f<a href=\"https:\/\/alj.com\/en\/spotlight-by-fady-jameel\/turning-the-tide\/\">\u78ba\u7acb<\/a>\u3055\u308c\u3066\u304a\u308a\u3001\u516c\u8846\u885b\u751f\u306e\u5411\u4e0a\u3001<a href=\"https:\/\/alj.com\/en\/spotlight-by-fady-jameel\/farming-for-the-future\/\">\u98df\u6599\u306e\u5b89\u5168\u4fdd\u969c<\/a>\u3001\u751f\u7523\u6027\u306e\u5411\u4e0a\u3001<a href=\"https:\/\/alj.com\/en\/spotlight-by-fady-jameel\/redesigning-our-cities-for-the-21st-century\/\">\u30ec\u30b8\u30ea\u30a8\u30f3\u30b9\u306e\u5411\u4e0a<\/a>\u3068\u306e\u660e\u78ba\u306a\u95a2\u9023\u6027\u3082\u3042\u308a\u307e\u3059\u3002\u4e00\u65b9\u3067\u3001\u5f93\u6765\u306e\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u30e2\u30c7\u30eb\u3067\u6e2c\u5b9a\u3055\u308c\u308b\u8ca1\u52d9\u4e0a\u306e\u5229\u76ca\u306f\u3001\u5927\u898f\u6a21\u306a\u6c11\u9593\u8cc7\u672c\u3092\u5f15\u304d\u3064\u3051\u308b\u305f\u3081\u306b\u5fc5\u8981\u306a\u6c34\u6e96\u306b\u6e80\u305f\u306a\u3044\u3053\u3068\u304c\u591a\u304f\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u3053\u306e\u4e0d\u5747\u8861\u304c\u6570\u5341\u5e74\u306b\u308f\u305f\u308b\u6295\u8cc7\u4e0d\u8db3\u306e\u4e00\u56e0\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002\u3068\u306f\u3044\u3048\u3001\u6253\u3064\u624b\u304c\u306a\u3044\u308f\u3051\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002<a href=\"https:\/\/www.alj.com\/en\/energy-and-environmental-services\/energy-overview\/\">Jameel Environmental Services<\/a>\uff08\u30b8\u30e3\u30df\u30fc\u30eb\u74b0\u5883\u30b5\u30fc\u30d3\u30b9\u90e8\u9580\uff09\u306e\u5098\u4e0b\u306b\u3042\u308b<a href=\"http:\/\/www.almarwater.com\/\">ALMAR Water Solutions<\/a>\uff08\u30a2\u30eb\u30de\u30fc\u30fb\u30a6\u30a9\u30fc\u30bf\u30fc\u30fb\u30bd\u30ea\u30e5\u30fc\u30b7\u30e7\u30f3\u30ba\uff09\u306e\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005\uff08CEO\uff09\u3001<a href=\"https:\/\/almarwater.com\/overview\/\">\u30ab\u30eb\u30ed\u30b9\u30fb\u30b3\u30b7\u30f3<\/a>\u306f\u3001\u3053\u306e\u30bb\u30af\u30bf\u30fc\u3092\u5909\u9769\u3059\u308b\u53ef\u80fd\u6027\u306e\u3042\u308b\u30a2\u30d7\u30ed\u30fc\u30c1\u304c\u5909\u5316\u3057\u3066\u3044\u308b\u3053\u3068\u3092\u6307\u6458\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<figure id=\"attachment_53048\" aria-describedby=\"caption-attachment-53048\" style=\"width: 1140px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-53048\" src=\"https:\/\/media.alj.com\/app\/uploads\/2019\/10\/Carlos-Cosin-President-IDA-1140x410.jpg\" alt=\"\" width=\"1140\" height=\"410\" srcset=\"https:\/\/media.alj.com\/app\/uploads\/2019\/10\/Carlos-Cosin-President-IDA-1140x410.jpg 1140w, https:\/\/media.alj.com\/app\/uploads\/2019\/10\/Carlos-Cosin-President-IDA-1140x410-150x54.jpg 150w, https:\/\/media.alj.com\/app\/uploads\/2019\/10\/Carlos-Cosin-President-IDA-1140x410-300x108.jpg 300w, https:\/\/media.alj.com\/app\/uploads\/2019\/10\/Carlos-Cosin-President-IDA-1140x410-768x276.jpg 768w, https:\/\/media.alj.com\/app\/uploads\/2019\/10\/Carlos-Cosin-President-IDA-1140x410-1024x368.jpg 1024w\" sizes=\"(max-width: 1140px) 100vw, 1140px\" \/><figcaption id=\"caption-attachment-53048\" class=\"wp-caption-text\">ALMAR Water Solutions\u306eCEO\u3001\u30ab\u30eb\u30ed\u30b9\u30fb\u30b3\u30b7\u30f3<\/figcaption><\/figure>\n<p>\u56fd\u969b\u958b\u767a\u91d1\u878d\u6a5f\u95a2\uff08MDB\uff09\u306a\u3069\u306e\u6a5f\u95a2\u306f\u3001\u65b0\u305f\u306a\u30ea\u30b9\u30af\u5171\u6709\u5546\u54c1\u3084\u30d6\u30ec\u30f3\u30c7\u30c3\u30c9\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u306e\u4ed5\u7d44\u307f\u3092\u5c0e\u5165\u3057\u3001\u3088\u308a\u69cb\u9020\u5316\u3055\u308c\u62e1\u5f35\u53ef\u80fd\u306a\u6c34\u3078\u306e\u6295\u8cc7\u30a2\u30d7\u30ed\u30fc\u30c1\u3092\u76ee\u6307\u3057\u3066\u3044\u307e\u3059\u3002\u3053\u3046\u3057\u305f\u52d5\u304d\u306f\u3001\u6c34\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u306e\u8cc7\u91d1\u8abf\u9054\u304c\u65b0\u305f\u306a\u6642\u4ee3\u3092\u8fce\u3048\u3088\u3046\u3068\u3057\u3066\u3044\u308b\u53ef\u80fd\u6027\u3092\u793a\u5506\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>Almar Water Solutions\u306f\u3001\u4e16\u754c\u306e\u6c34\u306e\u5b89\u5168\u4fdd\u969c\u3001\u7279\u306b\u4e16\u754c\u3067\u6700\u3082\u8106\u5f31\u306a\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u306b\u304a\u3051\u308b\u6c34\u306e\u5b89\u5168\u4fdd\u969c\u3092\u5411\u4e0a\u3055\u305b\u308b\u3068\u3044\u3046\u30df\u30c3\u30b7\u30e7\u30f3\u306e\u3082\u3068\u30012016\u5e74\u306bAbdul Latif Jameel\uff08\u30a2\u30d6\u30c9\u30a5\u30eb\u30fb\u30e9\u30c6\u30a3\u30d5\u30fb\u30b8\u30e3\u30df\u30fc\u30eb\uff09\u306b\u3088\u3063\u3066\u8a2d\u7acb\u3055\u308c\u307e\u3057\u305f\u3002\u3053\u306e10\u5e74\u9593\u3067\u3001\u6d77\u6c34\u6de1\u6c34\u5316\u3001\u5ec3\u6c34\u51e6\u7406\u3001\u518d\u5229\u7528\u3068\u30ea\u30b5\u30a4\u30af\u30eb\u30d7\u30ed\u30b0\u30e9\u30e0\u306e<a href=\"https:\/\/almarwater.com\/projects-and-companies\/\">\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa<\/a>\u3092\u78ba\u7acb\u3057\u3066\u3044\u307e\u3059\u3002\u6b27\u5dde\u3001\u4e2d\u6771\u3001\u30e9\u30c6\u30f3\u30a2\u30e1\u30ea\u30ab\u3001\u30a2\u30d5\u30ea\u30ab\u3001\u30a2\u30b8\u30a2\u592a\u5e73\u6d0b\u5730\u57df\u3067\u306e\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u62e1\u5927\u3057\u3001ALMAR\u306f\u6d77\u6c34\u6de1\u6c34\u5316\u3068\u6d44\u6c34\u304b\u3089\u5ec3\u6c34\u51e6\u7406\u3001\u518d\u5229\u7528\u3001\u4f9b\u7d66\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u3001\u9577\u671f\u7684\u306a\u904b\u7528\u3068\u4fdd\u5b88\u7ba1\u7406\u307e\u3067\u3001<a 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id=\"attachment_127215\" aria-describedby=\"caption-attachment-127215\" style=\"width: 1280px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-127215\" src=\"https:\/\/media.alj.com\/app\/uploads\/2026\/06\/Zuluf-Plant-Image-2026-02-18-at-10.21.42-AM-3.jpeg\" alt=\"\" width=\"1280\" height=\"861\" srcset=\"https:\/\/media.alj.com\/app\/uploads\/2026\/06\/Zuluf-Plant-Image-2026-02-18-at-10.21.42-AM-3.jpeg 1280w, https:\/\/media.alj.com\/app\/uploads\/2026\/06\/Zuluf-Plant-Image-2026-02-18-at-10.21.42-AM-3-300x202.jpeg 300w, https:\/\/media.alj.com\/app\/uploads\/2026\/06\/Zuluf-Plant-Image-2026-02-18-at-10.21.42-AM-3-1024x689.jpeg 1024w, https:\/\/media.alj.com\/app\/uploads\/2026\/06\/Zuluf-Plant-Image-2026-02-18-at-10.21.42-AM-3-150x101.jpeg 150w, https:\/\/media.alj.com\/app\/uploads\/2026\/06\/Zuluf-Plant-Image-2026-02-18-at-10.21.42-AM-3-768x517.jpeg 768w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><figcaption id=\"caption-attachment-127215\" class=\"wp-caption-text\">\u30b5\u30a6\u30b8\u30a2\u30e9\u30d3\u30a2\u306eZuluf\uff08\u30ba\u30eb\u30d5\uff09\u6c34\u51e6\u7406\u65bd\u8a2d\u3002\u5199\u771f\u63d0\u4f9b\uff1a\u00a9 ALMAR Water Solutions<\/figcaption><\/figure>\n<p>\u3053\u306e\u30a2\u30d7\u30ed\u30fc\u30c1\u306b\u3088\u308a\u3001\u6c34\u3078\u306e\u6295\u8cc7\u306f\u300c\u5358\u4e00\u306e\u6f5c\u5728\u7684\u306b\u4e0d\u5b89\u5b9a\u306a\u5730\u57df\u306b\u8ced\u3051\u308b\u300d\u3053\u3068\u304b\u3089\u3001\u7ba1\u7406\u3055\u308c\u305f\u30b0\u30ed\u30fc\u30d0\u30eb\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3078\u306e\u30b3\u30df\u30c3\u30c8\u30e1\u30f3\u30c8\u3078\u3068\u79fb\u884c\u3067\u304d\u308b\u3088\u3046\u306b\u306a\u308a\u307e\u3059\u3002\u3053\u306e\u3088\u3046\u306a\u79fb\u884c\u306f\u3001\u3088\u308a\u5e45\u5e83\u3044\u53c2\u52a0\u3092\u4fc3\u3057\u3001\u5b89\u5b9a\u6027\u3068\u591a\u69d8\u6027\u306b\u512a\u308c\u305f\u30ea\u30bf\u30fc\u30f3\u3092\u5b9f\u73fe\u3057\u307e\u3059\u3002\u3053\u3053\u306b\u9375\u304c\u3042\u308a\u307e\u3059\u3002\u4ee5\u524d\u306e\u30e2\u30c7\u30eb\u306f\u3001\u653f\u5e9c\u304c\u81ea\u3089\u6c34\u30a4\u30f3\u30d5\u30e9\u3078\u306e\u6295\u8cc7\u3092\u7ba1\u7406\u3067\u304d\u308b\u3088\u3046\u306b\u653f\u5e9c\u306b\u8cc7\u91d1\u3092\u63d0\u4f9b\u3059\u308b\u3082\u306e\u3067\u3057\u305f\uff08\u3057\u304b\u3057\u3001\u7d4c\u9a13\u3001\u6295\u8cc7\u3084\u5efa\u8a2d\u3092\u7ba1\u7406\u3059\u308b\u80fd\u529b\u3001\u904b\u7528\u8cc7\u6e90\u304c\u4e0d\u8db3\u3057\u3066\u304a\u308a\u3001\u5f53\u7136\u306e\u7d50\u679c\u3068\u3057\u3066\u3001\u3053\u308c\u3089\u306e\u8981\u7d20\u304c\u6b74\u53f2\u7684\u306a\u5931\u6557\u306b\u3064\u306a\u304c\u308a\u307e\u3057\u305f\uff09\u3002\u79c1\u305f\u3061\u306f\u3053\u306e\u30e2\u30c7\u30eb\u304b\u3089\u3001\u653f\u5e9c\u306e\u4ee3\u308f\u308a\u306b\u3053\u308c\u3089\u306e\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u3092\u5b9f\u884c\u3059\u308b\u4f01\u696d\u306e\u624b\u306b\u59d4\u306d\u308b<strong>\u30e2\u30c7\u30eb\u3078\u3068\u79fb\u884c<\/strong>\u3057\u307e\u3057\u305f\u3002\u3053\u306e\u30e2\u30c7\u30eb\u3067\u306f\u3001\u4f01\u696d\u304c\u7d4c\u9a13\u3068\u30ce\u30a6\u30cf\u30a6\u3092\u63d0\u4f9b\u3057\u3001\u653f\u5e9c\u304c\u8ca0\u3048\u306a\u3044\u30ea\u30b9\u30af\u3092\u30ab\u30d0\u30fc\u3059\u308b\u5f62\u3067\u5bfe\u51e6\u3057\u3001\u4f01\u696d\u306e\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u958b\u767a\u3078\u306e\u7a4d\u6975\u7684\u306a\u53c2\u52a0\u3092\u4fc3\u3057\u307e\u3059\u3002<\/p>\n<h2>\u6295\u8cc7\u306e\u62e1\u5927\u306b\u304a\u3051\u308b\u8cc7\u672c\u5e02\u5834\u306e\u5f79\u5272\u306f\u4f55\u3067\u3059\u304b\uff1f<\/h2>\n<p>\u3053\u306e\u5909\u5316\u306e\u7b2c\u4e8c\u306e\u5074\u9762\u306f\u3001\u5730\u57df\u306e\u8cc7\u672c\u5e02\u5834\u3092\u69cb\u7bc9\u3059\u308b\u4ed5\u7d44\u307f\u306b\u4fdd\u8a3c\u3092\u7d50\u3073\u3064\u3051\u308b\u3053\u3068\u3067\u3059\u3002\u901a\u8ca8\u30ea\u30b9\u30af\u306f\u4e2d\u30fb\u4f4e\u6240\u5f97\u56fd\u306b\u304a\u3044\u3066\u6700\u5927\u306e\u969c\u58c1\u306e\u3072\u3068\u3064\u3067\u3059\u3002\u53ce\u76ca\u306f\u73fe\u5730\u901a\u8ca8\u3067\u56de\u53ce\u3055\u308c\u308b\u4e00\u65b9\u3067\u3001\u50b5\u52d9\u306f\u30c9\u30eb\u5efa\u3066\u3084\u30e6\u30fc\u30ed\u5efa\u3066\u306e\u3053\u3068\u304c\u591a\u3044\u305f\u3081\u3067\u3059\u3002<\/p>\n<p>\u901a\u8ca8\u30d8\u30c3\u30b8\u306e\u4ed5\u7d44\u307f\u3001\u73fe\u5730\u901a\u8ca8\u50b5\u5238\u3001\u5408\u6210\u5546\u54c1\u306a\u3069\u306e\u30c4\u30fc\u30eb\u306f\u70ba\u66ff\u76f8\u5834\u5909\u52d5\u30ea\u30b9\u30af\u306e\u8efd\u6e1b\u306b\u5f79\u7acb\u3061\u307e\u3059\u3002\u3053\u3046\u3057\u305f\u30c4\u30fc\u30eb\u306f\u3001\u30ea\u30b9\u30af\u8efd\u6e1b\u306b\u52a0\u3048\u3066\u3001\u56fd\u5185\u878d\u8cc7\u5e02\u5834\u3092\u6df1\u5316\u3055\u305b\u3001\u518d\u6295\u8cc7\u306e\u597d\u5faa\u74b0\u3092\u751f\u307f\u51fa\u3057\u3001\u9577\u671f\u7684\u306a\u878d\u8cc7\u306e\u30ec\u30b8\u30ea\u30a8\u30f3\u30b9\u3092\u5f37\u5316\u3057\u307e\u3059\u3002<\/p>\n<h2>\u4fdd\u8a3c\u3068\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3092\u3088\u308a\u5bc6\u63a5\u306b\u7d50\u3073\u3064\u3051\u308b\u306b\u306f\u3069\u3046\u3059\u308c\u3070\u3088\u3044\u3067\u3059\u304b\uff1f<\/h2>\n<p>\u6b21\u306a\u308b\u5909\u5316\u306f\u3001\u30a4\u30f3\u30bb\u30f3\u30c6\u30a3\u30d6\u306e\u8abf\u6574\u3068\u30ea\u30b9\u30af\u306e\u7ba1\u7406\u3067\u3059\u3002\u56fd\u969b\u958b\u767a\u91d1\u878d\u6a5f\u95a2\u306f\u3001\u516c\u76ca\u4e8b\u696d\u304c\u30b5\u30fc\u30d3\u30b9\u306e\u7d99\u7d9a\u6027\u3001\u7121\u53ce\u6c34\u306e\u524a\u6e1b\u3001\u5468\u7e01\u5316\u3055\u308c\u305f\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u306e\u5305\u6442\u3068\u3044\u3063\u305f\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u57fa\u6e96\u3092\u6e80\u305f\u3057\u305f\u5834\u5408\u306b\u3001\u88dc\u511f\u3092\u5206\u914d\u307e\u305f\u306f\u5897\u984d\u3059\u308b\u6210\u679c\u30d9\u30fc\u30b9\u306e\u4fdd\u8a3c\u3092\u62e1\u5927\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u308b\u3067\u3057\u3087\u3046\u3002<\/p>\n<p>\u3053\u306e\u30a2\u30d7\u30ed\u30fc\u30c1\u306b\u3088\u3063\u3066\u3001\u4fdd\u8a3c\u304c\u8aac\u660e\u8cac\u4efb\u3092\u679c\u305f\u3059\u7a4d\u6975\u7684\u306a\u624b\u6bb5\u306b\u5909\u308f\u308a\u3001\u516c\u5171\u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