When Toniic’s T100 dataset revealed that SDG 6 — Clean Water and Sanitation — received some of the lowest levels of capital allocation from impact investors, the findings were striking. But to Toniic member and longtime water investor Tony Stayner, they were anything but surprising. Water sits at the heart of health, gender equity, climate resilience, and economic development — yet it remains one of the most overlooked and underfunded areas in global portfolios.