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Half of global food production at risk due to water crisis, shows report

Business Standard LogoBusiness Standard7h ago

Half of global food production at risk due to water crisis, shows report - Business Standard

Quick Summary:

"The water crisis threatens more than half of the world's food production by 2050 and could cause an 8 per cent loss of GDP in countries globally, with losses as high as 15 per cent in lower-income nations, alongside even larger economic consequences," the commission said.

The water crisis could jeopardize more than half of the world's food production and cause an average global GDP loss of 8 per cent by 2050, with lower-income countries facing up to a 15 per cent loss, according to a new report.

The report by the Global Commission on the Economics of Water, an international group of leaders and experts, said that weak economic systems, destructive land use, and the persistent mismanagement of water resources, combined with the worsening climate crisis, have placed the global water cycle under unprecedented stress.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-17 @ 06:57:18 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 548 words

Reading Time: 4 minutes read

Sentences: 15 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23095799

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 312 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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