Water Scarcity and Economic Growth

THE IMPACT

Water Scarcity and Economic Growth

Water Facts



$260 billion is lost globally each year due to lack of safe water and sanitation..


Universal access to safe water and sanitation would result in $18.5 billion in economic benefits each year from deaths avoided alone.


Universal access to safe water and sanitation would result in $32 billion in economic benefits each year from reductions in health care costs and increased productivity from reduced illness.


Time spent gathering water around the world translates to $24 billion in lost economic benefits each year.


Annual aid for water and sanitation amounts to only US $8 billion--far short of the $1 trillion needed to solve this crisis and maintain it long term.


The cost of water in many developing countries is 5-10 times higher than in most other countries.


Research has shown that for every 10% increase in women's literacy, a country's whole economy can grow by up to 0.3%.


According to the World Health Organization, for every $1 invested in water and sanitation, there is an economic return of between $3 and $34


The United Nations estimates that Sub-Saharan Africa alone loses 40 billion hours per year collecting water; the same as an entire year's labor in all of France!


Access to credit plays a significant role in triggering household sanitation investments, increasing health and providing families the dignity of a toilet
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