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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Main Authors: Damania, Richard, Desbureaux, Sébastien, Hyland, Marie, Islam, Asif, Moore, Scott, Rodella, Aude-Sophie, Russ, Jason, Zaveri, Esha
Format: Book
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
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
id okr-10986-28096
recordtype oai_dc
spelling 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
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