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Earth Day is an annual event on April 22 aimed at demonstrating support for environmental protection.
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The main focus for the newsletter today is on water before highlighting top animal conservation stories in the ‘Climate Buzz’ section.
This week, the World Bank and other top development lenders launched a new global initiative dubbed ‘Water Forward’, aimed at improving secure water access for a billion people within the next four years.
Water Forward will initially focus on 14 countries in water-stressed regions in Africa, the Middle East and South Asia and prioritise projects that reduce leakage in urban areas, modernise irrigation, improve wastewater reuse and expand data-driven planning.
The programme seeks to boost investment in water management while encouraging governments to treat water as a strategic economic resource rather than a low-cost public utility.
“Water underpins biodiversity and ecological resilience, economic performance and social stability, yet it is rarely understood and managed as the interconnected system it is,” said Asian Infrastructure Investment Bank (AIIB) President Zou Jiayi.
Global demand for freshwater is expected to outstrip supply by up to 40% by the end of the decade, the World Bank estimates, with water-related shocks already costing some countries several percentage points of annual economic growth.
“As climate change continues to reshape the water cycle, more attention must be given to generate investment for mitigation and adaptation measures,” said Jiayi.
Climate change is intensifying both droughts and floods, placing pressure on public finances and vulnerable communities, particularly in fast-growing cities.
A report last year estimated that over 2.1 billion people lack safe drinking water, and more than 3.4 billion live without adequate sanitation.
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