Turning the Tide: A Call to Collective Action
I was encouraged to see the sea change in how we value, manage and use water with the Global Commission on the Economics of Water at the United Nations HQ, with the collective call for action being led by H.E. Dr. Ngozi Okonjo-Iweala, Director-General WTO, H.E. Tharman Shanmugaratnam, Senior Minister, Government of Singapore, Prof. Dr. Mariana Mazzucato, Professor in the Economics of Innovation and Public Value at University College London, and Prof. Dr. Johan Rockström, Professor in Earth System Science at University of Potsdam in the presence of H.M. King Willem-Alexander of the Netherlands and H.E. President Emomali Rahmon of Tajikistan.
The seven-point Call to Collective Action provides a path that can be realised in the current decade; for how we govern, value and use water, from the local to the global, and open up major opportunities for innovation and investment, to enable more efficient, inclusive and sustainable use of water. It will enable the conversion of water to go from a growing global tragedy to immense global opportunity, to bring a new direction to policies and collaboration, ensuring that everyone has access to the water they need.
Drawing on the wisdom, insights and diverse experience of the private and public sector, the Commission will continue to engage in societal dialogues worldwide over the next year and develop its ideas and proposals further with a final report, to be issued in 2024, aiming to complete the sustainability trilogy that began with the Stern Review on the Economics of Climate Change and the Dasgupta Review on the Economics of Biodiversity.
A great appreciation to Henk Ovink, Special Envoy of the Kingdom of the Netherlands for Water, for his continued dedication in catalyzing this conference, as we discussed how a sustainable and just water future can be achieved, but we must treat water as what it is: our most precious global collective good, essential to protecting all ecosystems and all life, which rejuvenates our economies, benefits people everywhere, and unlocks progress in all our Sustainable Development Goals.