In the developed world, access to clean, inexpensive water is often taken for granted. But a number of international reports have warned that agriculture, industry and individual consumers face more difficult access and far higher prices in the future.
Management consulting firm McKinsey devoted its December 2009 quarterly report to water issues facing businesses. One of the conclusions was that water will play an important role in forming business strategies. The report finds that two of the factors causing water shortages are population growth and pollution, primarily stemming from agriculture and climate change.
Learn to do more with less “Scarcity is raising prices and increasing the level of regulation and competition among stakeholders for access to water. To continue operating, companies in most sectors must learn how to do more with less,” the report states.
COWI, according to R&D Director Stig P. Christensen, has already been in contact with international companies interested in assessing the risk of encountering problems with their access to water in the coming years. Demand for this type of analysis, he believes, will increase.