More Investment Needed in Water to Help Global Economy

23 Mar 2009 by OOSKAnews Correspondent
istanBul, turkey
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Experts at the 5th World Water Forum have called for stepping up investment in the water sector as it can help stimulate the global economy and create an opportunity to generate jobs and yield high returns against relatively low risk. The water sector is already underfunded but remains vital to growth and public health, said experts. "If there is an item in the agenda that could qualify for inclusion in today's fiscal stimulus packages, clearly that is water," said Organization for Economic Cooperation and Development (OECD) Secretary General Angel Gurria, adding, "Water represents the best example of 'double dividend' spending that packages offer the opportunity to invest in...

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