WASHINGTON, May 11, 2016—Climate change presents prodigious challenges to developing countries but also tremendous opportunities. A key part of the World Bank Group’s approach to the global climate change agenda lies in helping these countries cope with the challenges while exploiting the opportunities.
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Climate-Driven Water Scarcity
Climate-Driven Water Scarcity Could Hit Economic Growth by Up to 6 Percent in Some Regions, Says World Bank
WASHINGTON, May, 3 2016 – Water scarcity, exacerbated by climate change, could cost
some regions up to 6 percent of their GDP, spur migration, and spark conflict, according to a new World Bank report released today.*
High and Dry: Climate Change, Water and the Economy, says the combined effects of growing populations, rising incomes, and expanding cities will see demand for water rising exponentially, while supply becomes more erratic and uncertain.
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