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NEW DELHI, Oct. 17, 2024 (TBINN)
The water crisis could jeopardize more than half of the world’s food production and cause an average global G.D.P. loss of 8 per cent by 2050, with lower-income countries facing up to a 15 per cent loss, according to a new report.
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.
“The water crisis threatens more than half of the world’s food production by 2050 and could cause an 8 per cent loss of G.D.P. in countries globally, with losses as high as 15 per cent in lower-income nations, alongside even larger economic consequences,” the Commission said.
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