As this field continues to develop, we want to highlight important areas for investors to keep in mind, especially around the shift away from centralized wastewater treatment. The report covers three major opportunities in the space as infrastructure and investments move from centralized towards distributed wastewater treatment. The first is project financing industrial wastewater treatment in the U.S. and other industrialized economies. The second is investing in growth stage wastewater treatment and water reuse companies in emerging economies, such as China and India. And the third opportunity covers the reduced risks of investing in early-stage water technology companies.