World Water Shortage Is the Worst in 15 Years

and really, no one seems to care. thanks wall street 24/7 for actually putting the issue in the news . . . .

24/7 Wall St.

147272470Global demand for fresh water will outpace supply by 40% in 2030 as the world’s population increases and consumption patterns change. Increasing urbanization, the demand for more food (and water for irrigation) and economic growth all create increased demand for water.

A new report issued on Sunday by the United Nations World Water Assessment Program emphasizes the need to meet availability and sustainable management of water and sanitation for all the world’s people.

Groundwater currently supplies about 50% of the world’s population with drinking water and 43% of all water used for irrigation. As groundwater levels decline, people have begun to tap the aquifers, and now an estimated 20% of the world’s aquifers are over-exploited.

The report notes that by 2050 the world’s population is expected to reach 9.1 billion, with about two-thirds living in cities and an increase in the number living in slums beyond the 30% of all…

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