10 February, 2007

Water Water Everywhere Not a Drop to Drink

A recently published report revealed that an estimated $100 billion in investments will be needed over the next decade for water and desalination projects in the GCC.

With only one percent of the world's renewable fresh water resources and five percent of its population, "the provision of adequate water supply is one of the key issues facing governments across the region today," the report said according to Gulf News.

Twenty-four million cubic meters of water per day, or approximately 70 percent of the UAE's daily water supply comes from desalination plants. "The scale of the demand is illustrated by the fact that the UAE consumes more water per capita than any other country with the exception of the US and Canada."


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Huge as it sounds, it will beinteresting to see if mega-sized corporations would want to do such investments in this region. Ofcourse investments in WATER won't be quiet similar to investments in OIL unless we are going to have a GCC Wide Water Exchange.

8 comments:

Slagothor said...

Somebody appears to have pulled a huge boner here. The GCC does not have 5% of the world's population. 5% of 6.5 billion = 325 million. The six GCC countries added together barely hit 32 million, so we have more like 0.5% of the world's population. Also, $100 billion seems like a large number. That's more than the amount that will be spent on refining and petrochemicals over the next few years.

In the UAE, there is a very easy way to reduce water consumption: stop giving it away for free to farmers. Something like 90% of the water use in this country is for agricultural use. It makes much more sense to simply import food and cut down on water use.

bizzwhizz said...

yes you are right the GCC has 0.5% of worlds poplation, but even with such a small population the demand for freash water is high.
As for stop giving water to farmers, its a thin line whic counteries walk when they trade of their cash for non-dependency on international food imports, even economic leaders like Japan subsadize their farming sectors.

Anonymous said...

Drink Bebsi!

nzm said...

A better place to start would be to stop building water features everywhere and planting gardens with plants that require so much watering.

kochumanavalan said...

Most water features and irrigation for gardens use treated sewerage water, which is an excellent example of recycling, in addition to beautifying the environment and alleviating a dry and arid situation. This greening of the desert has additional benefits for the environment, including the release of moisture into the air by plants, which contributes to cloud formation and eventually, greater rainfall.

Anonymous said...

kochumanavalan @ 17:38

Care to see/smell the results in Al Majaz Park Sharjah?

Although it might not be the recycled water but the organic fertilizer that Sharjah Municipality uses

Slagothor said...

BW: If the rulers of this country (primarily those in AD) wish to continue to pour huge sums of their people's money into what is literally a hole in the ground, it's not really any of my business. But one day, they won't have as much excess cash to play with, and will have to decide whether they want to prop up a few guys who are playing at being farmers.

kochumanavalan: you have it backwards. Animals consume carbohydrates and convert them to water and CO2. Plants do the opposite: on net, they take water out of the environment. When a plant grows in a little pot, ever wonder where the material that makes up growing plant comes from?

Lirun said...

the australians are struggling with the same issue at the moment.. sydney is down to 34% of its full tank.. the city is drying fast.. dropped 10% over the past year..

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