{"id":27921,"date":"2021-11-25T04:30:12","date_gmt":"2021-11-24T23:30:12","guid":{"rendered":"https:\/\/pni.net.pk\/en\/?p=27921"},"modified":"2021-11-25T00:58:14","modified_gmt":"2021-11-24T19:58:14","slug":"world-bank-warns-over-looming-plunge-in-iraq-water-resources","status":"publish","type":"post","link":"https:\/\/pni.net.pk\/en\/climate-environment-news\/world-bank-warns-over-looming-plunge-in-iraq-water-resources\/","title":{"rendered":"World Bank warns over looming plunge in Iraq water resources"},"content":{"rendered":"<p>Baghdad, Nov 24 (AFP\/APP):Iraq could suffer a 20-percent drop in water resources by 2050 due to climate change, the World Bank said Wednesday, warning of repercussions on growth and jobs.<\/p>\n<p>Water is a crucial issue for the oil-rich country of 40 million that is facing an acute energy crisis, compounded by increasingly severe droughts and low rainfall.<\/p>\n<p>&#8220;Without action, water constraints will lead to large losses across multiple sectors of the economy and come to affect more and more vulnerable people,&#8221; the World Bank&#8217;s Saroj Kumar Jha said in a statement accompanying a new report.<\/p>\n<p>&#8220;By 2050, a temperature increase of one degree Celsius, and a precipitation decrease of 10 percent would cause a 20 percent reduction of available freshwater&#8221; in Iraq, the report said.<\/p>\n<p>&#8220;Under these circumstances, nearly one-third of the irrigated land in Iraq will have no water by the year 2050.&#8221;<br \/>\nEconomic modelling showed that &#8220;real GDP in Iraq could drop by up to 4 percent, or $6.6 billion compared to 2016 levels&#8221;, according to the report.<\/p>\n<p>Demand for unskilled labour in the agricultural sector could fall by 11.8 percent, and by 5.4 percent for non-agricultural activities.<br \/>\nWater scarcity &#8220;is linked to small-scale forced displacement in Iraq&#8221;, the World Bank warned, particularly in the country&#8217;s south.<br \/>\nIn 2014, Iraq prepared a 20-year, $180-billion plan to manage its water crisis.<\/p>\n<p>But it was stillborn as the Islamic State group seized a third of the country the same year and money was diverted to fight the jihadists.<br \/>\nIn 2018, financing for the water ministry accounted for less than 0.2 percent of the country&#8217;s overall budget, with just $15 million.<\/p>\n<p>&#8220;The current state of infrastructure has led to salinity affecting approximately 60 percent of the cultivated land and a 30-60 percent reduction in yield,&#8221; the report said.<\/p>\n<p>On a positive note, the World Bank said Iraq&#8217;s economic outlook had improved &#8220;on the back of the recovery of global oil markets&#8221;, adding its GDP was projected to grow from 2.6 percent this year to more than six percent in 2022-2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Baghdad, Nov 24 (AFP\/APP):Iraq could suffer a 20-percent drop in water resources by 2050 due to climate change, the World Bank said Wednesday, warning of repercussions on growth and jobs. Water is a crucial issue for the oil-rich country of 40 million that is facing [&#8230;]<\/p>\n<p>\n","protected":false},"author":2,"featured_media":27924,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10482],"tags":[14125],"class_list":["post-27921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-climate-environment-news","tag-world-bank-warns-over-looming-plunge-in-iraq-water-resources"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>World Bank warns over looming plunge in Iraq water resources<\/title>\n<meta name=\"description\" content=\"World Bank warns over looming plunge in Iraq water resources\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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