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World Economic Forum Takes on Water Crisis

Posted by Abigail Brown, Water For The Ages at 10:01 PM on January 28, 2008.


Or they talked about it anyway. How much can you hope for from the CEOs of Coke and Nestle?

Water was a major topic of conversation at the World Economic Forum 2008 (WEF) coming to a close in Davos, Switzerland.

At the forum, according to the Environmental News Service, Bills Gates announced a grant of $306 million dollars for development projects to help boost yields of crops for farmers in developing countries. It is unclear whether a portion of this money will be devoted to water conservation practices in conjunction with agriculture. Also discussed was implementation of a cap and trade system for water supplies and the importance of market forces in water allocation.

Leaders at the forum pledged renewed support for the UN's Millennium Development Goals, of which one goal is to increase access to safe drinking water.

Created as a venue for dialogue, research, and networking among economic and political leaders, the WEF is often criticized for more talk rather than action, a membership majority of industrialized countries (primarily USA, Europe, and Asia), and limited media access to specified plenary sessions.

While members of the WEF did review the importance of water in the coming age, no definitive plan was drafted to move our global society in that direction. However, maybe discussions during the event will leave lasting impressions on these economic leaders. And gradually, they will come to the realization that water is more than a commodity, but a necessity of life.

Be sure to check out other blog posts on this issue... our friends at WaterWired give additional perspective on how water was incorporated into the WEF agenda.

Digg!


Why Are the World's Lakes Disappearing?
From the Great Lakes to Lake Chad, the world's inland lakes are drying up.
June 10, 2008.
In Iraq 70 Percent of People Lack Clean Water
The number of civilians in Iraq without water has risen from 50 percent to 70 percent during 2003 to 2007.
May 1, 2008.
Road Trip Around India Explores Water Challenges
How one man is traveling over 11,000 miles on motorbike through India to document the water challenges facing the people.
April 23, 2008.
Ecuador Embraces Natural Water Treatment
Who knew you could use aquatic lentil and water lettuce?
March 31, 2008.
Turkey, Iraq and Syria to Form Collaborative Water Institute
Yes, sharing is possible -- even in an area with 1 percent of the world's water.
March 16, 2008.

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Who do they think they're kidding?!
Posted by: monkeywrench on Jan 29, 2008 10:08 AM   
Current rating: 5    [1 = poor; 5 = excellent]
From the article:

"Also discussed was implementation of a cap and trade system for water supplies and the importance of market forces in water allocation."

Here we go again, pretending that the "market forces" of supply and demand will act like the idealized version taught in Economics 101 courses in college, and that "the market" will take care of distribution.

Disregarding the unrealistic, tweedy assumptions made at the Davos soiree, the reality today is that the term "market forces" is a euphemism for "corporate monopoly."

So, what really was being discussed at Davos concerning water was not how to ensure that our human brothers and sisters will not die of thirst in the looming worldwide water shortage, but how to PROFIT from the disaster.

Oh, ain't capitalism grand!

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