As “nature’s insurance,” groundwater protects food security, reduces poverty, and boosts resilient economic growth, but the resource is threatened by overexploitation and pollution.
High-level political action is needed to prioritize groundwater and align the private and social costs of its use.
A new World Bank report considers the economic value of groundwater, the costs of misusing it, and the opportunities to leverage it more effectively.
https://www.worldbank.org/en/news/feature/2023/06/14/the-hidden-wealth-of-nations-groundwater-s-critical-role-in-a-changing-climate
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