What is Water Security?

A real value is now being placed on water rather than it being treated as a low cost freely available commodity. The balance between water demand and water availability has reached a critical level in many areas of the world.

  • A recent European Commission review stated that the balance between water demand and water availability has reached a critical level in many areas of the UK and Europe.

    The competition for water supply has to address setting the balance between provision of potable water supply for communities, supplying businesses and industry, through to supplying agriculture, irrigation, navigation, recreation, wetland and river habitat needs.

    Water resource scarcity, competition of supply between industry and communities, potential water supply interruption to industry, through to commercial implications of how water scarcity may both be a risk and an opportunity to competitiveness is now gaining increased awareness amongst industry, regulators and other stakeholders.

  • The UK Environment Agency has assessed water resources across England and Wales from which it has produced a series of catchment management plans. Many areas are designated as “no additional water available”.

    UK Local Authorities have also published their local climate impact profiles and climate change adaptation plans that include risks from drought and flooding within their jurisdiction.

  • There is also now a volume of published literature describing the increasing stress on global water resources and competition for water supply, which is likely to result in decisions that will need to address moral and ethical choices, as well as economic ones.

    Sustainable resource use and waters role in the production of goods are becoming major topics for governments, industry, agriculture etc, and it will affect many businesses with multinational supply chains.

    Hence a real value is now being placed on water rather than it being treated as a low cost freely available commodity.