Are markets in water rights likely to evolve as a rising population leads to shortages and climate change disrupts patterns of rain and snowfall?
Reuters highlights some of the major water trading schemes in the world.
The withdrawal of rebel forces from Somalia’s capital may offer citizens some relief from a famine that threatens almost half its 7.5 million people, according to Bloomberg.
Israel will build a $423 million desalination plant on its Mediterranean coast. Upon completion in 2013, the facility will join four other plants in providing the country with three-quarters of its drinking water, Reuters reported.
About 162,000 villagers will be relocated in China’s Henan Province before the end of August to open up the way for the South-North Water Diversion Project, a massive scheme to transfer water from the Yangtze River Basin to China’s dry north. Read more about the project on Circle of Blue.
, a Bulgaria native, is a Chicago-based reporter for Circle of Blue. She co-writes The Stream, a daily digest of international water news trends.
Interests: Europe, China, Environmental Policy, International Security.