Water Scarcity Crisis Even Worse than Previously Thought

​When the World Economic Forum, a Swiss non-profit dedicated to “improving the state of the world,” released its annual Global Risks Report last year it cited “water crises” as the number one global risk in terms of impact. This is significant because for the past 8 years, the number one global risk in terms of impact had been financial in nature (either asset price collapse, fiscal crises, or major systemic financial failure), but 2015 was the first year that saw a climate related issue top the list of risks.
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