Approx. 5 mins read. <470 words
The context:
According to Henk Ovink, Special Envoy for International Water Affairs for the Kingdom of the Netherlands,
humans need water to survive. This is same for all the systems that we rely on: sanitation, agriculture, healthcare, education, business and industry. Action plans to tackle climate change need to be integrated across different sectors and coordinated across borders. They must have one thing in common:
safe and
sustainable water management.
Financial institutions also need to do their bit by considering the
systems based approaches, during their decision-making process to finance a new project or venture. There have been some breakthroughs in the form of
Climate Bonds in China and the new Green Deal in the US, however the banks and investments institutions need to do more, according to Mr. Ovink.
WWD and COVID-19:
It shall be a disservice to not mention the novel
Corona Virus, COVID-19, to the readers of this blog. Countries across the world are trying to do their best to cope with this invisible enemy right now. The first line of defense is surprisingly very simple, washing your hands thoroughly with soap and water along with social/physical distancing. Handwashing saves lives. Yet, 40% of the global population – three billion people – live without basic handwashing facilities with soap and water available at home. Unfortunately, globally in a number of countries and communities
handwashing soap and clean water is a luxury that households and families simply cannot afford.
In conclusion:
Fighting climate change will open up vast opportunities for the economy in many areas. We need to embrace
circular production systems and use water much more efficiently. Dr. Matthews also used the analogy of COVID-19 for addressing climate change. “We must be as prepared and concerned for climate change as we are now doing for COVID-19,” he said. “With the climate events becoming extreme and water becoming scarce or unfit for human consumption, we need to prepare like we are doing for this pandemic. I am hopeful now more than ever,” he added.