The Economics of Water
On the 17th October, 2024, the Global Commission on the Economics of Water published its 2024 report entitled ‘The Economics of Water: Valuing the Hydrological Cycle as a Global Common Good’.
- The report commences with a stark warning that for the first time in history, the hydrological cycle is out of balance, undermining the prospect of an equitable and sustainable future for all.
Key Findings
Global GDP Loss due to Water Scarcity
- Global GDP loss due to water scarcity could reach 8% by 2050, with low-income countries suffering up to 15%.
Ecosystem Degradation
- Decades of improper water management and ....
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