A new report from the Global Commission on the Economics of Water warns that the worsening global water crisis could have severe consequences for both food production and the global economy by 2050. The report projects that more than half of the world’s food production could be jeopardised due to water scarcity, with the global economy potentially suffering an average loss of 8% in GDP. For lower-income countries, these losses could be even more devastating, reaching up to 15%. The combination of climate change, weak economic systems, destructive land use practices, and persistent mismanagement of water resources is putting unprecedented stress on the global water cycle.
The commission revealed that nearly three billion people and over half of global food production are already situated in areas with drying trends or unstable water availability. This situation is contributing to increasing concerns about food security and economic instability. In some regions, groundwater depletion has caused cities to sink, further highlighting the severity of the water crisis.
Read More: https://theleadersglobe.com/life-interest/food/global-water-crisis-poses-major-threat-to-food-production-and-global-economy-by-2050/
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