With long dry spells and short wet periods, water availability is become increasingly unpredictable. This has had an impact in the cost of water and hence we now see instances of water being traded on wall streets, to predict and bet on futures of water.
So what?
Water being a public resource and most essential for human survival is being treated as tradable commodity. This would lead to limited accessibility and availability to all, creating injustice. It would also impact the goals of zero hunger, clean water for all and inclusive development agendas as part of the Sustainable development goals.
Wow, this is really interesting. What a great signal of change!