Executive summary

Climate change is reshaping the global water cycle, tightening supplies in many regions while increasing extremes of droughts and floods. At the same time, overextraction of groundwater is rapidly depleting aquifers, shifting fresh water from land to the oceans and accelerating sea level rise. Utilities and policymakers must plan for scarcer, more volatile water, while balancing energy use, environmental impacts, equity, and cross-border governance.[1][2]


What’s changing in the global water cycle


The core challenges of water management under climate change

  1. Groundwater depletion and land subsidence
  2. Supply volatility and portfolio risk
  3. Energy-water-climate tradeoffs
  4. Environmental externalities
  5. Governance and geopolitics
  6. Equity and affordability

Strategic pillars for resilient water management

  1. Protect and replenish groundwater