Reading @BusinessGreen - #Water scarcity likely to slow global GDP growth #environmentnetwork

Water scarcity likely to slow global GDP growth - 11 Jun 2012 - News

Reading @BusinessGreen - #Water scarcity likely to slow global GDP growth #environmentnetwork

Without concerted efforts to improve water management, the world's economic growth is likely to be severely hampered by shortages, new analysis will say today. A report published by consultancy Frontier Economics and HSBC finds the 10 most populous river basins are expected to produce a quarter of global GDP by 2050, up from 10 per cent today. Although nine of these basins are in developing nations, this projected economic output is greater than the forecast size of the US, German, and Japanese economies combined. FURTHER READING Global environment deteriorating despite international targets Water shortages could cripple areas of US, China, and India But echoing a report published last month by analysts Maplecroft , Frontier says this growth is under threat from unsustainable water consumption. If there is no change in management processes, the boom in growth is predicted ...

Full article: http://www.businessgreen.com/bg/news/2183105/water-scarci...

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