ECOSOC chief Munir Akram warns of serious clean water shortages by 2050

Author: APP

The President of United Nations Economic and Social Council (ECOSOC), Pakistani Ambassador Munir Akram, has warned that by 2050 more than half of the world’s population would be at risk due to water stress, and called for a multilateral response to deal with the challenge.

“Desertification alone threatens the livelihoods of nearly one billion people in about 100 countries,” Ambassador Akram told a special event on Sustainable Development Goal no. 6 , which is about “clean water and sanitation for all”. It is one of 17 anti-poverty Sustainable Development Goals (SDGs) established by the United Nations General Assembly in 2015.

The event was part of the ongoing high-level political forum on sustainable development (HLPF), which is being held under the auspices of ECOSOC.

In his opening remarks, the ECOSOC president also said intense water scarcity might displace as many as 700 million people by 2030.

The critical importance of water, he said, has been highlighted further by the coronavirus pandemic.

Access to safe drinking water, adequate sanitation and hygiene have been the first line of defence against coronavirus, which is particularly an acute requirement for developing countries, especially until the vaccine becomes available to all, Ambassador Akram said.

Yet, he said, three billion people around the world — almost 40 per cent of the global population — and two out of five health care facilities, lack adequate access to hand hygiene facilities.

Over the last 20 years, Ambassador Akram said the overwhelming majority of disasters, almost 90 percent, have been weather-related events.

Noting that 40 percent of the world’s population lives within shared river basins, the ECOSOC chief said without effective transboundary water cooperation, the potential for threats to peace and security were ever present.

“Water and climate are tied through the hydrological cycle,” he said adding, “Climate change and associated changes in the hydrological cycle will lead to biodiversity loss.”

“Lack of investment in water infrastructure leads to significant, economic, social and environmental losses,” he told the meeting. Citing the Organization for Economic Co-operation and Development (OECD), the ECOSOC chief said the total financing needed between 2016 and 2030 for transition to a water-secure world could require additional annual investments of US $ 500 billion. Global estimates for financing this water transformation range from US $ 6.7 trillion by 2030 to US $ 22.6 trillion by 2050. Investments were needed not only to build new infrastructure but also to maintain and operate existing facilities, the Pakistani envoy said, warning that failure to improve water resource management could diminish national growth rates by as much as six percent by 2050.

Share
Leave a Comment

Recent Posts

  • Top Stories

Senior executives at Mercuria to face investigation by Pakistan’s FIA

Mercuria, a global commodities trading firm headquartered in Geneva, finds its senior executives under scrutiny…

21 hours ago
  • Business

PSX extends bullish trend with gain of 862 points

Pakistan Stock Exchange (PSX) remained bullish for the second session in a row on Monday,…

21 hours ago
  • Business

PKR depreciates by 3 paisas to 278.24 vs USD

The rupee remained on the back foot against the US dollar in the interbank market…

21 hours ago
  • Business

SECP approves PIA’s scheme of arrangement

The Securities and Exchange Commission of Pakistan has approved the Scheme of Arrangement between Pakistan…

21 hours ago
  • Business

Gold snaps losing streak

Gold price in the country snapped a six-session losing streak and increased by Rs2,500 per…

21 hours ago
  • Business

Rs 83.6 billion loaned to young entrepreneurs: Rana Mashhood

Chairman of the Prime Minister Youth’s Programme(PMYP) Rana Mashhood has underscored the success of the…

21 hours ago