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Climate, Energy & Transport

Global Shale Gas Development: Water Stress at Shale Plays

Water stress at shale plays around the world. 20 labeled countries have the world’s largest technically recoverable shale gas resources. Circle color indicates average water stress level across a country’s shale plays—circle size indicates overall volume of recoverable shale gas resources.

Brazil spent billions of dollars on World Cup infrastructure, and many are understandably questioning the long-term benefits these investments will bring to local communities.

While many of these criticisms are justified, if one looks beyond the shiny new stadiums—namely, to the city streets—a more positive story emerges. World Cup-related investments helped finance sustainable transport systems that will benefit Brazilians long after the final whistle blows.

There’s a growing gap between current investment in low-carbon energy and what’s needed to meet world demand while avoiding the worst impacts of climate change. The good news is there’s sufficient capital and investor interest to close much of this gap.

However, policies that encourage market certainty and level the playing field between different energy sources are needed to attract the volume of investment required, according to a special International Energy Agency (IEA) report, the World Energy Investment Outlook, released this month.

Ricardo Lagos, former President of Chile 2000-2006 and Festus Mogae, former President of Botswana 1998 -2008, co-authored this blog post as members of the High Level Advisory Committee to the Climate Justice Dialogue. They offer three decisive reasons for immediate and substantial capitalization of the Green Climate Fund.


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