This edition of the Aqueduct News Roundup looks at recent articles and some wrap-up from World Water Day as well as the 6th World Water Forum in Marseille, France. The last several weeks have been exciting for Aqueduct, which introduced a streamlined new water risk mapping interface and comprehensive water risk maps for southern Africa’s Orange-Senqu basin,which are available online.
The stories in this edition of the Aqueduct News Roundup are focused on the growing importance of water to a wide variety of audiences, especially in the private sector. If you want to suggest a story or theme for the Aqueduct News Roundup, please e-mail it to email@example.com, or Tweet it to @WRIAqueduct
Reuters – “S&P reports on effect of drought on U.K. utilities” A report published in early March by ratings agency Standard & Poor’s provides an eye-opening look at the potential impacts climate change and water scarcity could have on economy, industry, and electricity prices. The report by S&P looks in detail at the potential cost impacts of water shortages on power utilities in the United Kingdom.
India Times – “Growing water shortages carry economic risks that are as damaging as political corruption” This insightful article lays out some of the complexities of water risk in India, including transboundary water rights and infrastructure challenges. The author observes that economic and population growth are making water stress a “key strategic issue” for governments, communities, and companies in India.
Edie Water – “Nestlé boss urges local action on global water scarcity” This is an update from the 6th World Water Forum held in March in Marseille, France. It describes comments made by Peter Brabeck-Letmathe, chairman of food and nutrition giant Nestlé. Brabeck-Lemathe stresses the need for "pragmatic, efficient and cost-effective action" by governments as well as companies to address water stress.
COSPP - "Water scarcity in UAE pushes high-tech firms to innovate" This is an intriguing article originally found on Cogeneration and On-Site Power Production, a publication focused on technology, innovation, and other issues related to cogeneration of electricity from industrial processes. The article investigates how the United Arab Emirates’ water stress condition is leading companies to look into new technologies to use every drop of water more efficiently. These technologies, from improved water infrastructure to water efficient cooling methods, are examples of the innovations economies worldwide will need to address water risk.
Forbes - " World Water Day: Understanding Water Risk " WRI Interim President Manish Bapna and Aqueduct director Betsy Otto marked World Water Day by writing this post for Forbes on the growing urgency of water risk. Bapna makes observations on the local and complex nature of water challenges, and the need for a collective response to these challenges. In addition, Bapna points out that the World Economic Forum has identified water scarcity as one of the top five global risks, on par with systemic financial failure and fiscal imbalances.
The Guardian – "Corporate Water Risk Tools" In another World Water Day story, Guardian reporter Bill Baue writes an in-depth comparison of some of the new tools being developed to help measure and manage water-related risks. This article looks at Aqueduct as well as Ceres Aqua Gauge and GEMI’s Local Water Tool. In the increasingly complex world of water risk, analysis and comparison like this is invaluable.
United Press International – "Liquid assets: What the future of water means for business" Finally, this article from UPI provides an excellent analysis of why water is increasingly important for businesses. It looks at how companies ranging from Ford to PepsiCo, as well as municipalities like Milwaukee, Wisconsin, are positioning themselves to strategically address 21st century water stress.