The FINANCIAL -- The UN Global Compact and the Pacific Institute on May 15 jointly released a white paper which explores the linkages between climate change and water – from both the scientific and corporate management perspectives.
Entitled "Climate Change and the Global Water Crisis: What Businesses Need to Know and Do", the paper covers a number of critical areas, including:
How climate change is expected to impact water scarcity, water quality, and water demand;
The ways in which water and energy are interconnected, including trade-off scenarios;
The business risks of water and climate change;
How businesses can strategically manage water-climate risks;
And the linkages between climate and water and the UN Millennium Development Goals.
"This paper underscores the importance of viewing the many ways in which different environmental challenges are in fact deeply connected, and the need to approach these issues in an integrated way", said Georg Kell, Executive Director of the UN Global Compact. "Climate change needs to be understood in terms of how it will impact a range of other issues – such as water, food, energy, and, of course, development and poverty".
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