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New Report Reveals Threats to World’s Most Important Reefs

With more than 75 percent of the world’s coral species and twice the number of reef fish found anywhere else in the world, the Coral Triangle is the center of the world’s marine biodiversity. Stretching from central Southeast Asia to the edge of the western Pacific, 130 million people in the Coral Triangle region depend on marine resources for food and livelihoods. In this way, the region’s coral reefs and associated fisheries are vital to people and national economies, but they’re also severely threatened by overexploitation.

Recognizing the critical role that coral reefs play in people’s lives and the regional economy, the governments of the six countries that make up the Coral Triangle—Indonesia, Malaysia, Papua New Guinea, the Philippines, Solomon Islands, and Timor-Leste—came together in 2009 to form the largest marine governance initiative in the world, the Coral Triangle Initiative on Coral Reefs, Fisheries and Food Security (CTI-CFF). Their common goal is to manage their valuable marine resources so that they can continue to provide benefits to people in the future.

Reefs at Risk Revisited in the Coral Triangle

In support of this ongoing initiative, the World Resources Institute and the USAID-funded Coral Triangle Support Partnership have just released a new report, Reefs at Risk Revisited in the Coral Triangle. The report provides both a region-wide and country-level perspective on the risks to reef ecosystems.

Reefs at Risk Revisited in the Coral Triangle

This report is a map-based analysis of threats to coral reefs around the world, with particular focus on the countries of the Coral Triangle—Indonesia, Malaysia, Papua New Guinea, the Philippines, Solomon Islands, and Timor-Leste. It examines present pressures on coral reefs, including...

Rio+20 in the Rear View: Companies Call for Better Water Governance

WRI's experts will continue to provide commentary and analysis of the results of the Rio+20 conference through our series, "Rio+20 in the Rear View." For more posts in this series, see here and here.

Since the close of the Rio +20 conference last week, participants, experts, and observers the world over have tried to determine what, if any, real outcomes were achieved. Amidst all of the controversy and frustration over commitments and lack of progress, something significant did happen at Rio: Forty-five major companies representing hundreds of billions of dollars in annual revenue called for “much greater action by Governments” to achieve global water security.

These major companies endorse the U.N.’s Global Compact CEO Water Mandate, an initiative designed to assist companies in the development, implementation, and disclosure of water sustainability policies and practices. Their recent call at Rio+20 for better water governance is an important step forward for water protection—after all, it’s not every day that such a wide array of leading corporations asks governments to assert more control. It’s an indicator that water scarcity is creating widespread risks that are too complex for even the most powerful of companies to manage alone.

What's Happening at Rio+20: June 20th

It’s the final week of Rio+20, and WRI’s experts are on the ground for all the action. Each day, I’ll bring you highlights of what’s on the horizon. Check out the details below on the exciting things happening tomorrow. And be sure to visit the full list of WRI's Rio+20 events.

The formal text for Rio+20's official outcome document was agreed to today. Meanwhile, WRI hosted its event on governance (watch the video recording here), and I had the opportunity to spend some time with New York City Mayor Michael Bloomberg, who visited Rio de Janeiro's operation center. Plus, the Mayor of Rio highlighted the EMABARQ Center for Sustainable Transportation's work on the city's first Bus Rapid Transit (BRT) corridor.

The official, three-day Rio+20 conference begins tomorrow, June 20th. Here's what's on tap:

Green vs. Gray Infrastructure: When Nature Is Better than Concrete

Infrastructure is essential for economic growth. But as governments debate the future of sustainable development at the Rio+20 conference, there is one infrastructure solution that can provide a good return on investment: nature.

People often don’t think of forests, wetlands, coral reefs, and other natural ecosystems as forms of infrastructure. But they are. Forests, for instance, can prevent silt and pollutants from entering streams that supply freshwater to downstream cities and businesses. They can act as natural water filtration plants. As such, they are a form of “green infrastructure” that can serve the same function as “gray infrastructure,” the human-engineered solutions that often involve concrete and steel. This example is not alone (see Table 1).

Private-Public Partnerships Reduce Water Risk in South Africa

With its high reliance on manufacturing, mining, and agriculture, South Africa’s economy runs on fresh water. Recent projections estimate a startling 17 percent gap between water demand and supply in the country by 2030. Even more concerning, the areas most affected, the Gauteng and Vaal River regions, are also the most economically significant: According to the Department of Water Affairs and Forestry, these two areas produce more than 50 percent of South Africa's wealth and supply more than 80 percent of the country's electricity requirements (more than 50 percent of all the electricity generated in Africa).

We are Running Out of Water - Now What?

This piece was authored by Jon Freedman, Global Government Relations Leader for GE Power & Water. It originally ran on May 12th on GreenBiz.

Last weekend, Jessica Yu's new water documentary "Last Call at the Oasis" took us on tour of the impacts water scarcity is creating around the globe, from the parched pastures of Australia's farmlands to the sewage-polluted banks of the Jordan River. This film shines a much-needed light on the various water challenges we all now face at a critical time. The numbers alone are eye-opening.

If current water usage trends continue, by 2025, two-thirds of the world's population -- or 5.3 billion people -- will be vulnerable to water shortages. What many here in the U.S. may not know is that we are far from immune to water stress. One need look no further than Texas, where a record-breaking drought last year created massive water shortages that significantly impacted the state's water supplies, agriculture and industry.

Aqueduct Launches New Framework to Evaluate Global Water Risks

For many companies, water issues have recently migrated from corporations’ social responsibility departments to finance and risk management departments. Companies have been reporting a growing exposure to water-related risks like flooding and pollution, and many have already started to experience water-related business impacts.

This trend prompted WRI’s Markets and Enterprise Program to build a tool to help companies and investors identify water-related risks across their operations or portfolios. The tool, named the Aqueduct Water Risk Atlas, is based on an indicator framework that quantifies and maps different drivers of water risk, otherwise known as the Water Risk Framework. After testing this framework in various regions, WRI recently released its revised version. This updated framework will eventually be used to assess water risks in every part of the world.

Mapping Potential Water Risks in China's Wei River

The Wei River in west-central China is not just the largest tributary of the Yellow River, but it has also been a critical water source for communities for thousands of years. To manage this important resource, water authorities in China just announced that they plan to invest 6 billion yuan - more than US$950 million - this year to fight floods and pollution in the Wei.

This investment in water management comes after flooding on the Wei killed dozens of people and forced tens of thousands from their homes in the fall of 2011. On top of these terrible human costs come severe economic impacts. According to some estimates, the 2011 flooding cost China more than 6 billion U.S. dollars.

Eco-Compensation in China: Opportunities for Payments for Watershed Services

Water supply and availability could be the most pressing problem restricting China’s economic growth in the next 10-15 years, according to a new report by the Asian Development Bank. Not only are water resources limited (only about 30 percent of total water resources are available for use), but many surface and groundwater sources are suffering from severe pollution.[^1] The Chinese government is now looking to invest in new ideas to improve water quality and supply, and WRI is using its water quality trading expertise to explore the potential of market-based methods to improve water quality and increase the supply of clean water from Chao Lake, the fifth-largest lake in China.

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