A new diagnosis for a new era
A region can be flooded one year and still be water bankrupt, he adds, if long-term withdrawals exceed replenishment. In that sense, water bankruptcy is not about how wet or dry a place looks, but about balance, accounting, and sustainability.
Says Madani: As with global climate change or pandemics, a declaration of global water bankruptcy does not imply uniform impact everywhere, but that enough systems across regions and income levels have become insolvent and crossed irreversible thresholds to constitute a planetary-scale condition.
“Water bankruptcy is also global because its consequences travel,” Madani explains. “Agriculture accounts for the vast majority of freshwater use, and food…