Terms searched: Drought
26 May 2021 Taipei, Taiwan
Global industries face escalating microchip supply chain bottlenecks as Taiwan continues to ration water in the face of the worst drought in 56 years. The island nation has had no significant rainfall in more than a year.
16 Mar 2021 TAIPEI, China
Taiwan government orders reduction of water consumption in face of worst drought in 56 years. Microchip manufacturing sector hard hit.
7 Feb 2021 EDMONTON
Amid concerns about droughts, selenium pollution, at-risk species and Indigenous consultation, the Alberta government is poised to allow coal companies to undercut a functioning water market. The Alberta government’s rescindment of a longstanding coal policy, leaving previously protected lands available to open-pit coal mining, has locals concerned about family livelihoods...
17 Dec 2020 CHICAGO IL, United States
Financial futures contracts tied to the spot price of water related to the $1.1 Billion USD California spot water market traded on Wall Street for the first time, opening a market for farmers and investors to hedge against water scarcity.The contracts, tied to the Nasdaq Veles California Water Index that was launched two years ago, are financial instruments as there is no associated physical delivery mechanism...
14 Jul 2020 LONDON, United Kingdom
International credit ratings agency Fitch has warned that water scarcity is the greatest emerging risk in the mining and metals sector. A new report, issued 8 July, identifies that localised water shortages and competition for water resources are likely to increase in coming decades and this constraint will increase the challenges related to production of battery and low-carbon technologies that rely on exotic metals...
14 Jul 2020 CANBERRA
As the relationship between Canberra and Beijing sours, distrust of China and concerns about drought and water shortages have fuelled talk that China is buying up Australia’s water sources with malicious intent. Water first became a tradeable commodity in some parts of Australia in the 1980s, but over the years the market has grown into an industry worth A$3 billion (US$2...
6 Jun 2020 NEW YORK NY, United States
The World Economic Forum (WEF) has identified water security among six “global systemic risks” in a white paper which outlines a governance framework to enable the investment community to address the annual investment gap of $6.26 Trillion USD required to mitigate these risks. The other systemic risks are climate change, population growth, geopolitical uncertainty, negative interest rates and technology disruption...
26 Mar 2020 JOHANNESBURG, South Africa
Corruption plays an important part in who gets water and how much and how it is delivered in South Africa according to a new report from Water Integrity Network and Corruption Watch.“Where funds are scarce, any corruption that diverts money from public purposes to private pockets directly reduces the provision and quality of service,” according to the report, "Money Down The Drain: Corruption In South Africa’s Water Sector"...
3 Mar 2020 WASHINGTON DC, United States
A new report from the National Security, Military and Intelligence Panel (NSMIP) of US Institute the Center for Climate and Security, warns of high-to-catastrophic security threats arising as a consequence of plausible climate change trajectories that have impact on water resources.The panel, made up of national security, military and intelligence experts, analyzed the globe through the lens of US Geographic Combatant Commands, warns that in order to avoid the threats it will be necessary to quickly reduce and phase out global greenhouse gas emissions...
29 Jan 2020 AURANGABAD
Widespread agitations will be held if the Uddhav Thackeray government tries to halt or slow down projects started by the earlier BJP-led dispensation to tackle drought in Maharashtra's Marathwada region, former chief minister Devendra Fadnavis said on Monday. He was speaking during a one-day token hunger strike by party colleague and former minister Pankaja Munde against what the BJP has claimed is the neglect of the drought-prone region.
18 Jan 2020 SOFIA, Bulgaria
No-confidence Motion Against Bulgaria Government Follows Public Protests, Arrest and Replacement Of Water Minister
A no-confidence motion has been filed by the opposition Socialist party against the government of Bulgaria, following protests over water shortages. The parliament of Bulgaria last week approved the appointment of Emil Dimitrov as the country's new environment and water minister 15 January, following the 10 January arrest and resignation of predecessor Neno Dimov...
11 Jan 2020 Tucson, AZ, United States
Environmental consequences of US President Donald Trump’s southern-border wall are causing concern in Arizona as 96 endangered species come under threat due to water consumption required for construction of concrete base structures.Four species of endemic fish will be affected by consumption 50 million gallons of water required to help construct the wall, agricultural ecologist Gary Nabhan told the Guardian newspaper last week...