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The High Cost of Cheap Water
October 26 , 2023
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- The report, titled The High Cost of Cheap Water, was released by World Wide Fund for Nature (WWF).
- Global water crisis threatens $58 trillion in economic value, food security and sustainability.
- The world has lost a third of its remaining wetlands since 1970.
- Freshwater wildlife populations have, on average, dropped by 83 per cent.
- The amount - $58 trillion — is the first ever annual estimate of economic value of water and freshwater ecosystems.
- It is equivalent to 60 per cent of global gross domestic product.
- Agriculture currently accounts for over 70% of freshwater usage globally.
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