Water Bankruptcy: The Formal Definition
United Nations University Institute for Water, Environment, and Health
Abstract
“Water crisis” has become the default label for almost any episode of water stress, from short-lived droughts to decades-long overuse of rivers and aquifers. Yet in many regions of the world, water problems no longer resemble a crisis in the conventional sense. They represent a post-crisis failure state in which human–water systems have exceeded their hydrological carrying capacities, and societies have spent beyond their sustainable hydrological budgets for so long that critical water assets are depleted, some ecosystem damages are irreversible on human time scales, and a return to “normal” is infeasible even with prohibitive economic, social, and environmental costs. This paper proposes Water Bankruptcy as a…
Citation impact
- FWCI
- 111.52
- Percentile
- 100%
- References
- 29
Authors
1Topics & keywords
- Natural capital
- Damages
- Bankruptcy
- Public trust doctrine
- Natural resource
- Water cycle
- Water resources
- Framing (construction)