
Water shortages and floods illustrate the risks posed by too little, or too much, water. By 2050 more than 40% of the world’s population will live under severe water stress and nearly 20% could be exposed to floods. The economic value of assets at risk from floods is expected to be about USD 45 trillion by 2050[1]. Water pollution is also increasing, adding to uncertainty about future water availability.
These water risks are exacerbated by climate change. Governments must manage them, so they do not jeopardise growing populations and cities, economic growth and food or energy security.
“Instead of just reacting to water crises, governments mustassess, target and manage water risks proactively”, urged OECD Secretary-General Angel Gurría. ”We have been forewarned - there is no doubt these risks are increasing. We must now arm ourselves with risk management strategies that will prevent water shortages and pollution and protect against the droughts and floods that are endangering human lives, ecosystems and economies.”
See full Press Release: http://www.oecd.org/newsroom/watergovernmentsmustdealwithrisingrisks.htm