The Global Water Cycle Is Critical Infrastructure
This article argues that governments and financial institutions must urgently align to restore and maintain the global water cycle, which serves as the planet's essential life-support system. Facing a declared era of 'global water bankruptcy' due to rising temperatures and ecosystem degradation, the author advocates for treating water as a shared, transnational asset rather than a local commodity. The proposed solution involves a holistic approach combining 'green' infrastructure, such as forest and wetland restoration, with traditional 'gray' infrastructure like dams and engineering measures. Examples cited include the Delta Blue Carbon project in Pakistan and the Indonesia Dam project, which demonstrate how integrating natural and engineered systems can enhance resilience against climate shocks. The text emphasizes that effective protection requires improved governance, leveraging advances in science, satellite monitoring, and AI to track water flows in real-time. By reshaping investments and governance frameworks, stakeholders can better manage water as critical global infrastructure, ensuring its purification, climate regulation, and supply functions remain intact amidst increasing environmental variability and pressure.
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