Robert Kimball, World Resources Institute - Measuring Water Risk

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Transcript of Robert Kimball, World Resources Institute - Measuring Water Risk

Canadian Water SummitJune 16, 2011Rob Kimball

Extreme Scarcity<500

Scarcity500-1,000

Stress1,000-1,700

Adequate1,700-4,000

Abundant4,000-10,000

Surplus>10,000

Ocean/Inland Water

No Datam3/person/year

1975197520002000202520252025Worsening scarcity

Data and maps by

Water risks

Reputation

Regulatory (+ litigation)

Physical

Product useProduction process

Supply chainPoint of impact:

Type of risk:

Commodity price spikes

Water quality standards constraining power generation

Competition with social uses

Water prices too low to signal scarcity & encourage investment, conservation

11111 1 1

Water resources poorly governed

Better information required to act strategically on water risks

Why AQUEDUCT?

To create public-private action for more efficient and sustainable

water management

AQUEDUCT Risk Indicators

AQUEDUCT Database

Yellow River Prototype

Framework Indicators with Adjustable Weights

Yellow River Prototype

Yellow River Prototype

Private interest public good

Broadly defined:

• physical• regulatory• social-economic• governance

“Inside the fence” improvements:

• siting• efficiency gains• smaller impacts• sourcing• reporting /

disclosure

“Outside the fence” engagement & solutions:

• water policy reform• spatial planning• “hydro-smart”

business models, investments

• technology development

• infrastructure finance

Better water risk information

Lower water dependency

Higher water security

AQUEDUCT: Portfolio decisions

Facility/project level water

management

Portfolio risk management

Internally focused (water dependency

or “footprint”)

Externally engaged (water security)

AQUEDUCT: Focus on water security

SnapshotsTrends &

projections

AQUEDUCT: Projecting trends

Outcomes

• Strategize Distribution of plants, suppliers & product markets• Target investments Efficiency efforts, engagement

Companies Investors

• Differentiate between companies based on potential exposure to water risk & opportunity

• Planhydro-sensible land use policies• Target infrastructure investment & water policies

Governments

For more information, visit www.wri.org/aqueduct

Rob Kimballrkimball@wri.org(202) 729-7687