Water Security for Better Lives
This publication examines the critical issues surrounding water security (water shortage, water excess, inadequate water quality, the resilience of freshwater systems), providing a rationale for a risk-based approach and the management of trade-offs between water and other (sectoral and environmental) policies.
The report sets out a three-step process to “know”, “target” and “manage” water risks: (1) appraising the risks, (2) judging the tolerability and acceptability of risks and weighing risk-risk trade-offs, and (3) calibrating appropriate responses.
The publication provides policy analysis and guidance on the use of market-based instruments and the complex links between water security and other policy objectives, such as food security, energy security, climate mitigation and biodiversity protection.
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Costs and distributional impacts of inaction
Drawing on a literature review, this Annex provides examples on the local costs and distributional impacts of not managing the risks of water of inadequate quality (microbial and chemical water pollution) and groundwater shortage in selected countries.
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