- Report recognises water’s critical role in ensuring peace and prosperity (refer to the box) but finds that there is no conclusive evidence that the next wars will be over water.
- Key highlights of report
- Current Status of water resources
- Agriculture accounts for ~70% of freshwater withdrawals.
- Lake Chad has decreased in size by 90% over 60 years.
- While cooperation over shared surface water appears to be gaining momentum, groundwater resources remain grossly neglected.
- Attaining SDG 6 (water for all by 2030) is challenging
- ~50% of the world’s population experiences severe water scarcity for at least part of the year.
- Northwest India and North China are among world’s top three hotspots of water-related risks to food production.
- Prevalence of Water–Prosperity Paradox
- Developed water resource infrastructure can promote growth and prosperity, however, only richest countries can afford them.
- Current Status of water resources
- Key recommendations: Sustainable management of water resources can be ensured by:
- Transboundary agreements.
- Increased private investment ((universal access to water will require an annual investment of around US $114 billion until 2030).
- Decoupling water and production in Industries.
- For example, Tata Chemicals cut the use of groundwater by 99.4% within a year through recycling and water management.
Linkage of water with peace and prosperity
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