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Sat, Feb

Why The World Needs to Rethink The Value of Water

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Research led by Oxford University highlights the accelerating pressure on measuring, monitoring and managing water locally and globally. A new four-part framework is proposed to value water for sustainable development to guide better policy and practice.

Research led by Oxford University highlights the accelerating pressure on measuring, monitoring and managing water locally and globally. A new four-part framework is proposed to value water for sustainable development to guide better policy and practice.

The value of water for people, the environment, industry, agriculture and cultures has been long-recognised, not least because achieving safely-managed drinking water is essential for human life.  The scale of the investment for universal and safely-managed drinking water and sanitation is vast, with estimates around $114B USD per year, for capital costs alone. 

But there is an increasing need to re-think the value of water for two key reasons:

  • Water is not just about sustaining life, it plays a vital role in sustainable development.  Water’s value is evident in all of the 17 UN Sustainable Development Goals, from poverty alleviation and ending hunger, where the connection is long recognised - to sustainable cities and peace and justice, where the complex impacts of water are only now being fully appreciated.  

Read more at University of Oxford

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