We’re used to talking about how the falure to invest in water management can impede economic growth. But the positive case for water management invstments can be as compelling. With support from the Israeli government, my colleagues and I recently took a study tour to Israel and what we saw on the ground shows that combining policy and technology can lead not only to better local water management, but also result in a multi-billion dollar, export-driven industry.
urban water management
This week, the 2015 Paris Climate Conference, or COP21, will gather countries that want to take action for the climate. A central topic of these discussions will focus on the intersection of water and climate change.
Combating climate change is everyone’s business. Reducing emissions and investing in renewable energy, improving city planning and building design standards, developing more efficient transportation, and reducing deforestation (among others) all play key roles in mitigating the effects of climate change. At the same time, countries, and industries, will also need to adapt to changes in the climate as they unfold. Since climate change will significantly increase the variability of rainfall, different parts of the world will become more vulnerable to floods or droughts.
“Water scarcity and variability pose significant risks to all economic activities, including food and energy production, manufacturing and infrastructure development,“ said Laura Tuck, World Bank Group Vice President for Sustainable Development during a recent press conference at COP21. “Poor water management can exacerbate the effects of climate change on economic growth, but if water is managed well it can go a long way to neutralizing the negative impacts.”
The World Bank at World Water Week 2015
As population and economic growth bump up against finite—and increasingly degraded—water resources, competition between agricultural, industrial, and municipal water uses increases, putting stress on existing water sources. This stress is felt most acutely in urban areas, particularly among the urban poor.
Moreover, urban water management systems are inefficient, leading to an uneven quantity and availability of water and related services. In addition, urban water management must consider the effects of climate change, including rising temperatures, changes in precipitation patterns, and climate variability, on water resource availability.