Water Shortage With All the Term Paper

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In a decade, as nations vie for this depleting resource, the global water industry is expected to be worth a trillion dollars a year. Another debate concerns the trade of "virtual water," where wealthy water-stressed countries purchase other nations' water in the form of food. Some see this as one solution to a multi-response requirement to the water shortage, but others see it as exaggerating the problem, since rural poor in both food-exporting and food-importing nations will most likely not benefit from the trade.

It does not appear at this time, however, that American companies are concerned about this shortage. To address the need for additional information regarding future risks organizations may face in the future, the Marsh Center for Risk Insights, the world's largest insurance broker and strategic risk advisor, surveyed about one hundred Fortune 1000 executives to determine their perceptions regarding these issues.

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Although accessibility to fresh water would have a catastrophic impact on nearly half of the businesses questioned, few have yet to take any steps to prepare for this shortage.

The response to water management is not just one solution. It has to look at the entire picture. Cooperation is needed between companies and their communities that are using the water and among nations sharing river basins is essential to maintaining the world's water health, as is continual research to develop water-conserving technologies.

Presently, it does not appear that any organizations are taking enough interest in this problem to respond to the growing need......

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