Investing in the exchange traded fund for water usually goes to pay for laying new piping, water sanitation centers, water towers, and other storage units, or repairing old piping, sanitation centers and storage units that have broken. Some of that money, though, depending on what companies you invest in, goes toward unique options and technology. Israel has developed a system for keeping track of their pipes, so if one explodes they know about it before it happens, therefore wasting less water. If you invest in exchange traded funds for Israel's water station, some of the money goes to that.
If you look a little harder, you can find etf options that will cover desalination processes and technology developments. Desalination processes convert the ninety-seven percent of salty, ocean water into the one percent of water that humans can actually use. There are also people looking into varying technologies for converting ocean water into drinking water, and those are also worth looking into.
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