Page 2 - ING-Waterproblematiek Report
P. 2

Executive summary

Water stress and flood risk pose the challenge

Page 4-6                                                   Page 7-8                                                           50% of world

 1.	Projected 2% annual demand growth for                 2.	One out of two countries is prone to                                   population live in
     freshwater will lead to serious constraints               ‘water stress’                                                       7 countries that are
                                                                                                                                    prone to both water
 The global demand for water is expected to grow by        Of the world’s 60 largest economies, 29 are prone to                      stress and flooding
 2% annually in the coming decades. Available data         water stress implying that future water demand might
 point to demand meeting reliable, accessible, sustain­    outstrip supply. These countries account for 57% of the   Page 9-11
 able supply levels by 2023. By 2040 the gap between       global economy and harbour the vast majority of
 demand and this sustainable supply would even be          several water intensive industries: 88% of coal mining,   3.	At the same time, flood-prone zones need
 50%. With agriculture presently consuming over 800        80% of textile production and 74% of global agriculture.      better protection
 litres per dollar gross value added and energy over 300,  The competition for water is therefore expected to
 current water usage in terms of efficiency is far from    intensify beyond the traditional water-food-energy        Seven countries, including the economic powerhouses
 sustainable.                                              nexus. Responsible water usage by corporations and        United States, China and India, are prone to flooding as
                                                           improved water efficiency in agricultural will be key to  well as water stress. It is estimated that worldwide, 600
Countries prone to water                                   securing adequate water availability in the future.       million people and their businesses, often in coastal
      stress make up                                                                                                 cities that support economic growth of those countries,
                                                                                                                     need better flood protection. There are good examples
      57%                                                                                                            of governments taking appropriate action but
                                                                                                                     partnerships with the private sector will need to be
 of the global economy                                                                                               stepped up to find solutions that will save lives and the
                                                                                                                     significant costs of damage from floods in the future.

ING Economics Department                                   2 Too little, too much  /  December 2015
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