Watch Out: The World Bank Is Quietly Funding a Massive Corporate Water Grab

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"Droughts and deserts are spreading in over 100 countries," Barlow said. "It is now clear that our world is running out of clean water, as the demand gallops ahead of supply. These water corporations, backed still by the World Bank, seek to take advantage of this crisis by taking more control over dwindling water supplies."

Which is another way of saying that, regardless of the refreshing trend toward re-municipalization, no one should expect the World Bank or its IFC untouchables to give up the privatization and deregulation ghost anytime soon. That means that every city, and citizen, is due for a day of reckoning of some sort, and should fight back against the bankrupt privatization paradigm with everything in its arsenal.

"Get involved at the local level," O'Callaghan said. "Know where your water comes from. Fight against privatization schemes. Promote conservation. Don't drink bottled water."

And Barlow adds, "The only path to a water-secure future is water conservation, source water protection, watershed restoration and the just and equitable sharing of the water resources of the planet. Water is a commons, a public trust and a human right and no one has the right to appropriate for profit when others are dying from lack of access."