Uncharted Waters : The New Economics of Water Scarcity and Variability
The 21st century will witness the collision of two powerful forces – burgeoning population growth, together with a changing climate. With population growth, water scarcity will proliferate to new areas across the globe. And with climate change, rainfall will become more fickle, with longer and deepe...
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Online Access: | https://documents.worldbank.org/en/publication/documents-reports/documentdetail/680051554963678174/uncharted-waters-the-new-economics-of-water-scarcity-and-variability http://hdl.handle.net/10986/28096 |
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okr-10986-280962021-04-23T14:04:48Z Uncharted Waters : The New Economics of Water Scarcity and Variability Damania, Richard Desbureaux, Sébastien Hyland, Marie Islam, Asif Moore, Scott Rodella, Aude-Sophie Russ, Jason Zaveri, Esha RAINFALL CLIMATE CHANGE WEATHER DROUGHT GLOBAL WARMING AGRICULTURE CITIES FIRMS ECONOMIC GROWTH INFRASTRUCTURE POVERTY DEFORESTATION The 21st century will witness the collision of two powerful forces – burgeoning population growth, together with a changing climate. With population growth, water scarcity will proliferate to new areas across the globe. And with climate change, rainfall will become more fickle, with longer and deeper periods of droughts and deluges. This report presents new evidence to advance understanding on how rainfall shocks coupled with water scarcity, impacts farms, firms, and families. On farms, the largest consumers of water in the world, impacts are channeled from declining yields to changing landscapes. In cities, water extremes especially when combined with unreliable infrastructure can stall firm production, sales, and revenue. At the center of this are families, who feel the impacts of this uncertainty on their incomes, jobs, and long-term health and welfare. Although a rainfall shock may be fleeting, its consequences can become permanent and shape the destiny of those who experience it. Pursuing business as usual will lead many countries down a “parched path” where droughts shape destinies. Avoiding this misery in slow motion will call for fundamental changes to water policy around the globe. Building resilience to rainfall variability will require using different policy instruments to address the multifaceted nature of water. A key message of this report is that water has multiple economic attributes, each of which entail distinct policy responses. If water is not managed more prudently—from source, to tap, and back to source—the crises observed today will become the catastrophes of tomorrow. 2017-08-31T20:07:12Z 2017-08-31T20:07:12Z 2017-10-24 Book https://documents.worldbank.org/en/publication/documents-reports/documentdetail/680051554963678174/uncharted-waters-the-new-economics-of-water-scarcity-and-variability 978-1-4648-1179-1 http://hdl.handle.net/10986/28096 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Publication |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
RAINFALL CLIMATE CHANGE WEATHER DROUGHT GLOBAL WARMING AGRICULTURE CITIES FIRMS ECONOMIC GROWTH INFRASTRUCTURE POVERTY DEFORESTATION |
spellingShingle |
RAINFALL CLIMATE CHANGE WEATHER DROUGHT GLOBAL WARMING AGRICULTURE CITIES FIRMS ECONOMIC GROWTH INFRASTRUCTURE POVERTY DEFORESTATION Damania, Richard Desbureaux, Sébastien Hyland, Marie Islam, Asif Moore, Scott Rodella, Aude-Sophie Russ, Jason Zaveri, Esha Uncharted Waters : The New Economics of Water Scarcity and Variability |
description |
The 21st century will witness the collision of two powerful forces – burgeoning population growth, together with a changing climate. With population growth, water scarcity will proliferate to new areas across the globe. And with climate change, rainfall will become more fickle, with longer and deeper periods of droughts and deluges. This report presents new evidence to advance understanding on how rainfall shocks coupled with water scarcity, impacts farms, firms, and families. On farms, the largest consumers of water in the world, impacts are channeled from declining yields to changing landscapes. In cities, water extremes especially when combined with unreliable infrastructure can stall firm production, sales, and revenue. At the center of this are families, who feel the impacts of this uncertainty on their incomes, jobs, and long-term health and welfare. Although a rainfall shock may be fleeting, its consequences can become permanent and shape the destiny of those who experience it.
Pursuing business as usual will lead many countries down a “parched path” where droughts shape destinies. Avoiding this misery in slow motion will call for fundamental changes to water policy around the globe. Building resilience to rainfall variability will require using different policy instruments to address the multifaceted nature of water. A key message of this report is that water has multiple economic attributes, each of which entail distinct policy responses. If water is not managed more prudently—from source, to tap, and back to source—the crises observed today will become the catastrophes of tomorrow. |
format |
Book |
author |
Damania, Richard Desbureaux, Sébastien Hyland, Marie Islam, Asif Moore, Scott Rodella, Aude-Sophie Russ, Jason Zaveri, Esha |
author_facet |
Damania, Richard Desbureaux, Sébastien Hyland, Marie Islam, Asif Moore, Scott Rodella, Aude-Sophie Russ, Jason Zaveri, Esha |
author_sort |
Damania, Richard |
title |
Uncharted Waters : The New Economics of Water Scarcity and Variability |
title_short |
Uncharted Waters : The New Economics of Water Scarcity and Variability |
title_full |
Uncharted Waters : The New Economics of Water Scarcity and Variability |
title_fullStr |
Uncharted Waters : The New Economics of Water Scarcity and Variability |
title_full_unstemmed |
Uncharted Waters : The New Economics of Water Scarcity and Variability |
title_sort |
uncharted waters : the new economics of water scarcity and variability |
publisher |
World Bank, Washington, DC |
publishDate |
2017 |
url |
https://documents.worldbank.org/en/publication/documents-reports/documentdetail/680051554963678174/uncharted-waters-the-new-economics-of-water-scarcity-and-variability http://hdl.handle.net/10986/28096 |
_version_ |
1764466587978432512 |