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Page added on May 4, 2016
Water shortage to shrink global economy
Economies across the globe could shrink dramatically by mid-century as fresh water grows scarce due to climate change, the World Bank said in a report released on Tuesday.
West Asian countries could be hardest hit, with its gross domestic product (GDP) growth slipping as much as 14% by 2050 unless measures are taken to reallocate water significantly, according to the report titled High and Dry: Climate Change, Water and the Economy. Such measures include efficiency efforts and investment in technologies such as desalination and water recycling, it said.
Global warming can cause extreme floods and droughts and can mean snowfall is replaced by rain, with higher evaporation rates, experts said. It also can reduce mountain snow pack that provides water, and the melting of inland glaciers can deplete the source of run-off. Also, a rise in sea level can lead to saltwater contaminating groundwater.
Fresh water shortages could take a toll on sectors from agriculture to energy, the Bank said.
Calling for the need to enhance efficiency of water use in India, the Bank said there is going to be increasing water deficits.
In India, property-related violence rises by about 4% when there is below-average rainfall, and communal riots become more frequent following episodes of floods, the Bank said. “According to one estimate, groundwater pumping accounts for no less than 4 to 6% of India’s total carbon emissions,” it added.
“If countries do not take action to better manage water resources, some regions with large populations could be living with long periods of negative economic growth,” World Bank president Jim Yong Kim said.
About a quarter of the world’s population, or some 1.6-billion people, live in countries where water already is scarce.
Last month, 175 nations signed a deal to slow global warming and cut greenhouse gas emissions.
16 Comments on "Water shortage to shrink global economy"
Apneaman on Wed, 4th May 2016 1:52 pm
Water shortage to shrink global population.
penury on Wed, 4th May 2016 2:46 pm
I have never heard anything else that is this concerning. Who could have guessed that a lack of water could effect the economy? Gee next they will discover overpopulation leads to a shrinking economy.
makati1 on Wed, 4th May 2016 6:29 pm
Kind puts the oily crowd in their place. They are no longer the most important resource in the world. Oil selling for about $0.80 per gallon. Water selling for twice that, or more, per gallon and going up.
Davy on Wed, 4th May 2016 7:19 pm
People needing water and people needing food that needs water to grow. Water needed to cool energy generation that is needed to pump groundwater. Water needed in industry to keep people producing and this industry needs grid power that is using water in the cooling of the energy generation plants. This industry needs water for the production processes. These industry production processes are creating a waste effluent that is degrading the water that is needed by people, energy producers, agriculture, and industry. Does that sounds like a vicious circle or a trap? I think so.
JuanP on Wed, 4th May 2016 8:25 pm
Today we had the first downpour of the wet season in Miami Beach. It always saddens me to watch how we waste rainwater down here. There were rivers of water all over town, flooding the streets, sidewalks, and parking lots, and they all flow straight to Biscayne Bay together with motor oil, brake fluid, rubber from worn tires, coolant, asphalt, dog feces, trash, and other important nutrients for our dying seagrass beds. 😉
Boat on Wed, 4th May 2016 8:38 pm
mak,
What oil crowd. I am a “it is what it is, member. What it is changes with time. I keep busy fact checking doomer misinformation of which there is a plethora. You are a world leader of disinformation. Lol
Apneaman on Wed, 4th May 2016 8:53 pm
This disease has killed a million trees in California, and scientists say it’s basically unstoppable
” It probably spread into California via the nursery trade. And it has been moved around the country a lot, also within the nursery trade.”
https://www.washingtonpost.com/news/energy-environment/wp/2016/05/02/this-disease-has-killed-a-million-trees-in-california-and-scientists-say-its-basically-unstoppable/
Apneaman on Wed, 4th May 2016 8:55 pm
Sure boat. Then why do you use EIA charts as stroke material?
makati1 on Wed, 4th May 2016 9:10 pm
Boat, I use sources OUTSIDE the US MSM Iron Curtain. I seem to remember that yours comes from US government liars. Come up with some sources that are NOT government subsidized or owned. THEN I might actually consider their point of view.
Apneaman on Wed, 4th May 2016 9:10 pm
The Fires of Climate Change are Burning the Himalayas
“21,000 Himalayan Wildfires
The fires began as early as February after a dry Winter and two years of depleted monsoonal rains. They continued to build through March and April. State firefighters were called up to combat the blazes, but to no avail. The fires kept growing and expanding. By last week the fires had begun to rage out of control — threatening 84 villages and enveloping more and more of the precious natural forest reserves that India has worked so hard to husband. By Monday, seven people had been killed by the fires and two endangered tiger preserves had been partially consumed.”
https://robertscribbler.com/2016/05/03/the-fires-of-climate-change-are-burning-the-himalayas/
Boat on Wed, 4th May 2016 9:14 pm
MSM says you got fire up there. They right?
GregT on Wed, 4th May 2016 9:33 pm
Yes Boat, “they right”. “We got fires up there”.
Fucking moron.
Apneaman on Wed, 4th May 2016 9:44 pm
Boat, no biggie. Just burnt the entire fucking town down. It’s where the Tar sands cancer workers (permanent) live. Just more of those AGW consequences you still think are not a big deal yet.
Up to 90,000 evacuated from Fort McMurray; state of emergency declared
http://www.theglobeandmail.com/news/alberta/fort-mcmurray-burns-this-is-a-nasty-dirty-fire/article29862009/
Fort Mac Fire – What did they think was going to happen?
https://www.youtube.com/watch?v=6I6QuntzPmo
No worries boat. We have our own denier/minimizer PR industry professionals (Canadian style) hard at work.
As long as the cancer sands production keeps going that’s all that matters. Same as in Houston, just with better vocabulary.
onlooker on Thu, 5th May 2016 6:00 am
Well Water is one big limiting factor. The entire planet is now subject to its imposed limitations. Some places more than others. Oh that is just another of the ironic twists, we need water for oil production.
Kenz300 on Thu, 5th May 2016 9:20 am
Fossil fuel power generation requires huge amounts of water………………..
Wind and solar power generation ….not so much……..
Another reason to transition to safer, cleaner, cheaper alternative energy sources……..
Kenz300 on Sat, 7th May 2016 10:35 am
Too many people……….create too much pollution and demand too many resources….
China made great progress in moving its people out of poverty…….one reason was slowing population growth…..
If you can not provide for yourself you can not provide for a child.
CLIMATE CHANGE, declining fish stocks, droughts, floods, air water and land pollution, poverty, water and food shortages all stem from the worlds worst environmental problem……. OVER POPULATION.
Yet the world adds 80 million more mouths to feed, clothe, house and provide energy and water for every year… this is unsustainable… and is a big part of the Climate Change problem
Birth Control Permanent Methods: Learn About Effectiveness
http://www.emedicinehealth.com/birth_control_permanent_methods/article_em.htm