Drought attributable in significant part to climate change is already causing acute water shortages in large parts of Australia, Asia, Africa, and the United States. Just last month, California water officials warned that the state – whose enormous agricultural and computer industries are heavily water-dependent – is facing “the worst drought in modern history.”1 Shrinking snowcaps are reducing river flows and water supplies across China, India and Pakistan – countries where more than one billion people already lack access to safe drinking water and adequate sanitation. The impact of water scarcity and declining water quality on business will be far-reaching. We’re.
