Water scarcity is a global issue that is now affecting many parts of the world. Population increase, urbanization, industry, climate change, and inadequate water management techniques have all contributed to the global problem of water scarcity.
Water scarcity can have far-reaching repercussions, affecting all sectors of society and the environment.
According to the most recent data from the World Resources Institute’s Aqueduct Water Risk Atlas, the global community is facing an unprecedented water emergency, with 25 nations, representing one-quarter of the world’s population, currently dealing with exceptionally high levels of annual water stress.
On a global scale, roughly 4 billion people, or half of the world’s population, experience water stress for at least one month each year. This figure could rise to cover 60% by the year 2050.
High water stress will affect $70 trillion in GDP (31% of global GDP) by 2050, up from $15 trillion (24% of global GDP) in 2010.
According to the research, which is produced every four years, only four countries-India, Mexico, Egypt, and Turkey, will account for more than half of the exposed GDP in 2050.
As reported, 25 countries, accounting for one-quarter of the world’s population, face extreme water stress on a yearly basis. Bahrain, Cyprus, Kuwait, Lebanon, and Oman are among the most affected. Even during a brief time of drought, these areas may be subject to water constraints.
The Middle East and North Africa are the regions experiencing the most water stress, with 83% of the population under extremely high water stress. Furthermore, 74% of the population in South Asia is equally exposed to such situations.
Immediate action is required to address the critical water crisis. Solutions that are both feasible and economically sustainable are within reach, but the commitment of political leaders and the distribution of financial resources are critical.
According to the report’s authors, it is critical that all levels of government, together with communities and companies, work together to forge a future in which water security is a universal assurance.
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