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Dutch official warns at COP29: Addressing water issues crucial to avoid major global GDP loss by 2050.
Addressing water issues is critical to avoiding an 8-15% global GDP loss by 2050, warns a Dutch official at COP29 in Baku.
While 90% of countries have water-related measures in their plans, financing remains a challenge.
The Baku Declaration on water resource management is set to be adopted, aiming to mitigate climate change impacts.
However, water is mentioned as a high priority in only 5% of Nationally Determined Contributions.
The COP29 aims to agree on a new climate finance goal and strengthen water-related actions in national plans.
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Funcionarios holandeses advierten en la COP29: Abordar los problemas del agua es crucial para evitar una importante pérdida del PIB global para 2050.