World Bank's Report “Water for Shared Prosperity”

Current Context: The World Bank released a report titled “Water for Shared Prosperity” on May 22, 2024, during the 10th World Water Forum in Bali, Indonesia.

• The report emphasizes the global inequalities in water access and recommends pro-poor and inclusive interventions to improve water security and strengthen climate resilience.
• It highlights the importance of water for economic growth, particularly in the agricultural sector, and for maintaining healthy ecosystems.
• The report also points out that the poor are the most exposed to water-related risks and the least able to adapt.
• It suggests three interventions to improve water security, reduce poverty, and increase shared prosperity: enhancing resilience to extreme hydro-climatic risks for the poorest, improving water resources development, management, and allocation, and improving equitable and inclusive service delivery.

Question:

Q1. What is the title of the World Bank report released on May 22, 2024, during the 10th World Water Forum?

• A) Water for Shared Prosperity
• B) Water for Global Growth
• C) Water and Economic Development
• D) Water and Climate Resilience

Answer: A) Water for Shared Prosperity