It’s been called the ‘next oil’. In the coming decades, the supply of water has the potential to influence geopolitics, diplomacy and even conflict.
Experts agree: if there was no access to water, there would be no world peace. That’s why one of the grand challenges of the next few decades could be maintaining this ultra-sensitive stasis of water management. In the 21st Century, freshwater supplies are drying up, climate change is raising sea levels and altering borders, explosive population growth is straining world resources, and global hyper-nationalism is testing diplomatic relations. Meanwhile, water demand is expected to go up 55% between 2000 and 2050. In the coming century, in terms of its value as a global resource, it’s been described as “the next oil“.