Solely aggregation of news articles, with no opinions expressed by this service since 2009 launch on this platform. Copyright to all articles remains with the original publisher and HEADLINES ARE CLICKABLE to access the whole article at source. (Subscription by email is recommended,with real-time updates on LinkedIn and Twitter.)
Tuesday, 19 January 2010
Gulf buries its head in the sand over water
Standing in one of the many farms that line Bahrain’s northern coast, it is easy to forget that this is technically a desert island. Between the ranks of date palms and pomegranate trees stretch fields of spinach, herbs and potatoes – a view more appropriate to a Caribbean island than the arid Gulf.
Yet this bounty has come at a high price. Poor management, population growth and the promotion of energy and water-intensive lifestyles have pushed the Gulf states into a crisis, says a new report by NCB Capital, a regional investment bank. Ground-water reserves have been severely depleted and many cities, such as Jeddah, routinely suffer water shortages in the summer months.
“You are beginning to see in the Gulf the emergence of political constraints to long-term growth and a number of patterns that are unsustainable, from intensive energy use to the waste of water resources and the promotion of agriculture,” says Jarmo Kotilaine, chief economist and author of the report. “Governments are beginning to wake up to these problems, but the concern is that too little is being done and too late.”
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment