Climate-Driven Water Scarcity Could Hit Economic Growth by Up to 6 Percent in Some Regions
“Water scarcity, exacerbated by climate change, could cost some regions up to 6 percent of their GDP, spur migration, and spark conflict, according to a new World Bank report released today. High and Dry: Climate Change, Water and the Economy, says the combined effects of growing populations, rising incomes, and expanding cities will see demand …