Connecting the Drops: Water Scarcity and the Economy – University of Copenhagen

Connecting the Drops: Water Scarcity and the Economy

Sustainability Science Centre is proud to present a sustainability lecture on 23 January 2017 by Richard Damania, from the World Bank’s Water Practice.

This talk is about connecting the drops between water, a quintessential natural resource, and its myriad users in farms, firms and cities.  The 21st century will be marked by two unavoidable transitions – growing populations that propel an increase in the demand for food and water, coupled with a changing climate that renders rainfall more erratic and less predictable.  If current water management policies persist, water scarcity will proliferate to regions where it currently does not exist, and will greatly worsen in regions where water is already scarce. Since water is used either directly or indirectly to produce almost everything, water related risks cascade through the economy to food, energy and environmental systems.  Despite these growing pressures water scarcity and Malthusian resource conflict is neither inevitable nor pre-ordained and feasible.  Feasible policy options for a more sustainable and productive world exist.  This talk will provide a deeper understanding of the nature magnitude of water induced risks and discuss how these stresses can be addressed, especially in developing countries where water is already scarce.

Dr. Richard Damania is the Global Lead Economist in the World Bank’s Water Practice. He has held several positions in the World Bank including as the Lead Economist in the Africa Region’s Sustainable Development Department with oversight for analytical work on infrastructure, environmental and social issues in Africa. He has also served as Lead Economist in the South Asia and Latin America and Caribbean Regions of the World Bank. Prior to joining the World Bank he was Professor of Economics at the University of Adelaide in Australia.  He has published extensively with over 100 papers that span matters ranging from Natural Resources, Infrastructure Economics, Climate Change and the Economics of Regulation.  He has held numerous advisory positions at government and international organisations and serves on the Editorial Board of several prestigious academic journals.

Henrik Hansen, Professor at the Department of Economics, University of Copenhagen, will moderate the talk.

Admission is free.