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 In 2018, only 18.4 percent of the total renewable freshwater resources were withdrawn worldwide.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
Globally, the nations are facing downward momentum in their economic activities. The financial condition of advanced economies is declining rapidly in 2024. Surveys suggest that advanced economies are facing economic challenges due to various…
The growing clean energy transition process is forcing companies to make significant decisions regarding the storage of clean energy. Germany's energy market surges in power with necessary steps towards uplifting clean energy. The increasing…
Fast moving consumer goods (FMCG) are the important goods that consumers use in their daily activities. These products are otherwise known as consumer-packaged goods, thus, they include a range of products, such as food and beverages, healthcare…
The energy sector will go through dynamic changes in 2024. This is due to the rapid growth of the clean energy transition in the energy sector. Hence, renewables like wind and solar energy are gaining momentum in the market. However, fossil fuels…
The global economy faces new challenges in 2024 that economically represent both positive and negative aspects. According to survey data, the global economy will stabilize for the first time in three years. The world economy will experience economic…
Team Lead - Research