Why restricting water in SA is not the answer
As we observe World Water Day, South Africa is clouded by a stark reality of long-term water scarcity with Cape Town being plagued with the worst drought in decades and has also been declared a national disaster area.
Thu, 22 Mar 2018 15:05:01 GMT
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AI Generated Summary
- The importance of viewing water as an economic enabler and catalyst for development
- Challenging traditional notions of water scarcity and promoting a paradigm of water abundance
- The role of public-private partnerships in driving investments and innovation in the water sector
As South Africa grapples with a long-term water scarcity crisis, particularly apparent in Cape Town amidst the worst drought in decades, the conversation around water management and investment in the sector is gaining momentum. Dr. Anthony Turton, an Environmental Advisor and Author, recently shared insights on the need to rethink the traditional notions of water scarcity and explore water as an economic enabler rather than a constraint. In a CNBC Africa interview, Dr. Turton shed light on the potential for South Africa to shift towards a paradigm of water abundance and leverage innovative strategies to stimulate economic growth through water infrastructure development and investment.
Dr. Turton emphasized that the focus on bottled water and municipal water, while important, represents only a small fraction of the broader water economy. He highlighted the need to view water as a vital resource that can drive economic development and technological innovation. By embracing a new perspective on water management, South Africa has the opportunity to unlock its potential for sustainable growth and resource optimization.
One key takeaway from Dr. Turton's discussion is the concept of water abundance. Contrary to popular belief, he argued that water is an infinitely recyclable resource, challenging the conventional narrative of water scarcity. By reevaluating the way institutions perceive and manage water resources, South Africa can transition towards a more proactive approach that fosters policy certainty and attracts investment in water infrastructure.
The interview also addressed the implications of 'day zero,' a term used to describe the point at which water sources are depleted to critical levels. While acknowledging the seriousness of the water crisis in Cape Town, Dr. Turton cautioned against relying solely on demand management as a solution. He underscored the importance of reframing the conversation around water as an economic asset, highlighting the value of investing in water technologies and infrastructure to drive sustainable growth.
In exploring avenues to increase investments in the water sector, Dr. Turton emphasized the need for innovative public-private partnerships. With the economic challenges facing state enterprises and the constraints on foreign investment, alternative financing mechanisms are essential to mobilize capital for water projects. By fostering collaboration between the public and private sectors, South Africa can create new opportunities for funding water initiatives and integrating advanced technologies into the sector.
As the nation grapples with the realities of water scarcity and seeks to navigate a path towards water security, Dr. Turton's insights offer a compelling vision for a future where water abundance drives economic prosperity. By reimagining water management as a strategic investment rather than a limiting factor, South Africa can chart a course towards sustainable development and resilience in the face of ongoing environmental challenges.