2050 global water crisis could reduce GDP by 8% without urgent action, the report warns.

A report from the Global Commission on the Economics of Water warns that the global water crisis could reduce GDP by 8% by 2050 unless urgent action is taken. It highlights risks to over half of food production due to mismanagement and stresses the need for a global water conservation pact. The report also notes the imbalance in the water cycle caused by human activity and calls for improved resource management and recognition of water as a shared global good.

October 20, 2024
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