Concerns over Water Stress to Rise by 2040
By Anshula Mandaokar , 10 April, 2023
About 71 percent of the globe is covered with water, but the percentage falls too low when it comes to safe and fresh water. With "Water Day" on March 22, the UN decided to mark it to celebrate and raise awareness of more than 2 billion people living without access to safe water.
According to the reports by the UN, water stress is a condition when a territory withdraws more than or 25 percent of its renewable freshwater resources. In 2018, only 18.4 percent of the total renewable freshwater resources were withdrawn worldwide. But places are experiencing severe issues regionally still. As per the data, Northern Africa faces critical water stress levels, and Central and Southern Asia are grouped as having high water stress. Also, the report says 31 percent of the global population remains at the "no stress" level.
The World Resources Institute projects by 2040, the problem will become more widespread. The Economist Intelligence Unit's reports say pressure on water systems is due to population growth, climate change, quickening urbanization, and economic development.
Another report reveals that 44 countries will face either "high" or "extremely high" water-stress levels by 2040. Simultaneously, economists report that rising sea levels place well-progressing geographies in East and Southeast Asia at a higher risk of getting floods. And this may probably lead to sanitation systems and polluting drinkable water sources.
Water Stress On The Rise
Latest News
Sustainability demands a constant flow of finances in the energy market for the clean energy transition. In the era of renewables, sustainable finance is vital to support the progress of green transformation. Hence, sustainable finance is a crucial…
The United States faces new economic challenges in the first quarter of 2024. The surveys attribute the economic downturn of the United States to consumer behavior in the different sectors of the economy. The financial sectors in the United States…
The United Kingdom is all set to increase clean energy sources in the nation to achieve a clean energy transition. The nation has embarked on the journey to set up nuclear plants soon. The United Kingdom approves of these nuclear plants within the…
Power grids are gaining momentum worldwide due to increasing demands for renewable energy. There is a shift in power from fossil fuels to renewables due to the transition to clean energy. This leads to a shift towards renewable energy. Hence, the…
Team Lead - Research