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  • The Future of Water: A human and business priority
Article:

The Future of Water: A human and business priority

18 January 2022

The origin of the water is still under debate — whether it emerged from the Earth’s mantle or was brought by asteroids and meteorites billion years ago. However, it is difficult to overestimate the importance of water during the world history. Water plays a fundamental role in people’s lives and global economic development.

In the modern world, especially in developed countries, water is taken for granted and people do not realise its true value. However, in 2021, more than two billion people live in water-stressed countries, of which 733,0 million live in high and critically water-stressed countries.

Water scarcity adversely affects production volumes and, therefore, global economic development, as well as causes significant socio-political tensions, such as conflicts in Africa and the Middle East.

Future Water Outlook

By 2025, two-thirds of the world’s population is projected to live in waterstressed regions. With the rising population, global agriculture alone will require additional one trillion cubic metres of water per year.

If current water usage trends don’t change, it is forecasted that water deficit will reach 40,0% on the global level by 2030.

It is estimated that in 2040, there will not be enough water to meet the world population’s demands and keep the current energy and power solutions going if water management remains poor.

BDO Center LLC (Kiev) has analyzed both the geological and biological, as well as the social and political role of the planet's water resources. The review presents current and projected data on the pollution of the planet's water resources and wastewater, with the special focus on water industry tendencies. Within the framework of the research conducted, the smart water technologies have been considered, which allow households and industries to reduce water usage and minimize water-related risks, and so on.

More information about the research can be found in the brochure attached.