Opinion | How climate change and bad water policies threaten Asia’s security and prosperity
- Increasing water scarcity across the Indo-Pacific will exacerbate geopolitical competition and conflicts over resources while creating impediments to economic growth
- Excessive groundwater extraction is the top threat to sustainability, with China, India and Pakistan forecast to be responsible for 86 per cent of Asia’s withdrawals by 2050
Competition for water between industry and agriculture will intensify in the developing Indo-Pacific as agriculture comprises 80 per cent of current freshwater withdrawals. While water demand is expected to rise 55 per cent, twice the current amount of food will be needed to support growing populations. As a result, some 3.4 billion people in Asia could face water stress by 2050.
“WaterGuide”, a report by the Australian Water Partnership and water resource advisory firm Aither, warns that urgent action could be needed as existing water infrastructure is highly unsuitable to accommodate projected growth.
The region is also adversely affected by water-related disasters. Estimates suggest that, in the previous decade, the region has witnessed 700 million deaths because of climate-related disasters, whereas floods alone have inflicted a loss of US$1.4 trillion.
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