According to the Global Risks Report 2013, “water supply crises” was ranked second out of 50 in terms of impact. Only “major systemic financial failure” was placed higher, while “chronic fiscal imbalances” and “food shortage crises” were placed lower. Also, the likelihood of water supply crises was listed fourth out of 50. Clearly, improved water management is essential. However, it will not occur without innovation.
The water innovation and investment gap
There is a gap between the perception of the water crisis and the increasing need for innovation and investment in this sector. According to the OECD Environmental Outlook to 2050, global water demand is projected to increase by 55% between 2000 and 2050, by which time over 40% of the global population is likely to be under severe water stress. Insufficient water supply could result in food shortages, demographic changes, political strife and even armed conflict.
See full Article: http://forumblog.org/2013/03/an-innovative-course-for-water/
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