For the first time, the International Water Resource Economics Consortium (IWREC) held its annual meeting at The World Bank from September 7-9, 2014. The meeting, an annual gathering of water economists, serves as a place to exchange the latest information and research findings in the field.
water resources management
Whether you'll be attending the upcoming World Water Week in person or following online, there's a lot to look forward to this year. This year's theme focuses on Energy and Water and along with Sustainable Energy for All (SE4ALL) and the International Union for Conservation of Nature (IUCN), The World Bank Group is excited to join as a collaborating partner.
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China’s most arid regions are facing an increasingly serious water crisis, and local water policies often aggravate the problem. In such climates, growth in the agricultural sector has come with high environmental costs.
With the help of new technologies that measure real water consumption in agriculture, governments are designing innovative water rights systems that actually save water. Based on results from two successful pilots, the World Bank Group is partnering with China to tap into science to transform water management in agriculture at the national level.
The theme of this year’s #worldwaterday focuses on water and energy. And for good reasons.
For the last six years, a power plant in San Luis Potosi, Mexico has bought water from a nearby wastewater treatment plant to use in its cooling towers (instead of using freshwater). This operation, Project Tenorio, a public-private partnership, continues today and has already resulted in the reduction of groundwater extraction of at least 48 million cubic meters (equivalent to 19,000 Olympic size pools) and increased aquifer sustainability.
This is a good example of the water and energy nexus in practice: the wastewater treatment plant covers almost all of its operating costs from this additional revenue stream and the power plant gets a more reliable water source that is also 33% cheaper than groundwater in that area.
Treated wastewater has been used to reduce the water requirements of power plants in several other countries as well, as water supply becomes more variable or disappears. In the US, for example, around 50 power plants are using treated wastewater for cooling in order to adapt to water shortages. However, innovative integrated approaches like these are still more of an exception than the norm.
Peak oil has generated headlines in recent years, but the real threat to our future is peak water. There are substitutes for oil, but not for water.
For those of us who were teenagers in the 1980s, it is difficult not to remember the famous Live record released in 1983 by the reggae band UB40. Almost 30 years later I am still listening to their sound. As we mark World Food Day on October 16, I am reminded of one of the songs in that album, Food for Thought. In fact, I still remember some of the lyrics: "Eat and drink rejoicing, joy is here to stay." Drink, eat, and rejoice – a reminder of the link between water, food, happiness, well-being, and prosperity.
After an intense and exciting week in Stockholm for World Water Week, it is time to look back at some conclusions of the conference and the way forward for next year. I was in Stockholm as a “Lead Rapporteur” and reported in the closing plenary session on “Cooperation to achieve equity by balancing competing demands”; other teams reported on “Managing waters across borders,” “Responding to Global Change,” and “Closing the science-policy-practice loop” (see closing plenary here). This is my attempt to summarize over 100 sessions, you can find all the sessions in the WWW website.