To contend with worsening water woes, experts on Wednesday launched a new global commission to study the value of the world's water, and work out ways of ensuring supply.
The work by the Global Commission on the Economics of Water is meant to offer advice on water management worldwide, as climate change and deforestation take an increasing toll on the water and rainfall supplies, co-chair Johan Rockstroem told Reuters ahead of unveiling the new group at the World Economic Forum.
"We need to put value on freshwater in order to manage it in a more resilient and responsible way," Rockstroem said. Such extremes are likely to become more common with global temperatures rising in coming decades, the Intergovernmental Panel on Climate Change said in a 2021Meanwhile, tropical forests, which through evaporation can generate their own rain, are vanishing due to deforestation.
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