
Global water crisis could cost trillions | AI News Digest
The global water crisis poses a significant economic threat, with rising demand and climate change exacerbating freshwater scarcity. Currently, 2 billion people lack regular access to clean drinking water, and water stress is projected to lead to a 25% economic decline in arid regions over the next few decades. This crisis affects food security, energy production, and public health, potentially displacing populations and causing social unrest. The economic value of freshwater ecosystems is estimated at $58 trillion, highlighting the urgent need for sustainable water management solutions. Countries like India face severe challenges in maintaining economic growth due to limited water resources, while Europe and the US also experience increasing water scarcity. Addressing these issues requires significant investment in infrastructure and innovative water management strategies.