Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced


MENAFN Press - 20/01/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN Press) The World Bank is launching a new initiative at the World Future Energy Summit and International Water Summit in Abu Dhabi that will help developing countries better plan and manage scaling-up energy capacity to meet rising demand, in tandem with water resource management

Producing energy requires a lot of water. Yet, the availability of and access to water is negatively impacting energy production around the world

Last year alone, water shortages shut down thermal power plants in India, decreased energy production in power plants in the United States and threatened hydropower generation in many countries, including Sri Lanka, China and Brazil

The problem is expected only to get worse. By 2035, the world's energy consumption will increase by 35 percent, which in turn will increase water consumption by 85 percent, according to the International Energy Agency

"The world's energy and water are inextricably linked. With demand rising for both resources and increasing challenges from climate change, water scarcity can threaten the long-term viability of energy projects and hinder development," said Rachel Kyte, World Bank Group Vice President and Special Envoy for Climate Change

Part of the challenge for the energy sector is the competing demand for water. This demand will grow as the world's population reaches 9 billion, requiring a 50 percent increase in agricultural production and a 15 percent increase in already-strained water withdrawals. With two-thirds of the world's population - or 5 billion people - urbanized by 2030, cities in developing countries will be under tremendous pressure to meet the demand for food, energy, and water services. Yet today, some 780 million people lack access to improved water and 2.5 billion, more than one-third of the world's people, do not have basic sanitation

Thirsty Energy is a global initiative aimed to help governments prepare for an uncertain future by

identifying synergies and quantifying tradeoffs between energy development plans and water us

piloting cross-sectoral planning to ensure sustainability of energy and water investment

designing assessment tools and management frameworks to help governments coordinate decision-makin

With the energy sector as an entry point, initial work has already started in South Africa and dialogue has been initiated in Bangladesh, Morocco, and Brazil where the challenges have already manifested and thus where demand exists for integrated approaches

Failing to anticipate water constraints in energy investments can increase risks and costs for energy projects. In fact, the majority of energy and utility companies consider water a substantive risk and report water-related business impacts

The issue is too large for any partner or sector to tackle alone

"Water constraints on the energy sector can be overcome, but all stakeholders, public and private, must work together to develop innovative tools and use water as a guiding factor for assessing viability of projects," said Maria van der Hoeven, Executive Director of the International Energy Agency. "The absence of integrated planning is unsustainable.

Solutions exist, but countries must continue to innovate and adapt policies and technology to address the complexity of the landscape. These solutions include technological development and adoption, improved operations to reduce water use and impacts in water quality, and strong integrated planning

"We cannot meet our global energy goals of extending access to the poor, increasing efficiency and expanding renewables without water. The water energy interrelationship is critical to build resilient as well as efficient, clean energy systems. The time to act is now," said Kyte



About The World Bank
The World Bank



  MENA News Headlines
 Nov 26 2015 - Turkey- G20 Communiqu: 34The fight against terrorism is a major priority34The Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Following the two-day summit in Antalya Turkey G-20 leaders released a communiqué calling for greater coordination and information to counter terrorist ...

 Nov 26 2015 - Muslims on 39the front line39 against terror: NATOThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) NATO Secretary General Jens Stoltenberg has said it is Muslims who are on “the front line” in the fight against terrorism and extremism. ...

 Nov 26 2015 - Western Balkans 39key to fighting extremism39The Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) The western Balkans is “key” to stemming extremism and terrorism the president of the European Council said Wednesday. Speaking at a summit to ...

 Nov 26 2015 - Turkey- Syrian Turkmen facing 39critical39 period in battleThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Fighting between Syrian Turkmen forces and regime troops is “critical" the leader of the Turkmen opposition said Wednesday. Russian airpower is ...

 Nov 26 2015 - ISIS kills its Austrian 39poster girl39 after she attempts to flee SyriaThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) An Austrian teenager who fled to Raqqa Syria in order to join the Islamic fundamentalist terror organization Islamic State was beaten to death after ...

 Nov 26 2015 - Kuwait Spain discuss scientific cooperationKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT Nov 26 (KUNA) -- Kuwait Institute for Scientific Research (KISR) and Spanish Nuclear Safety Council (CSN) discussed means of scientific cooperation and ...

 Nov 26 2015 - Kuwait- KNPC upgrades operations at Al Ahmadi refineryKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT Nov 26 (KUNA) -- Kuwait National Petroleum Corporation (KNPC) announced on Thursday upgrading its Fluid Catalytic Cracking Unit at Al-Ahmadi Refinery so as ...

 Nov 26 2015 - Deputy FM: Kuwait interested in tightening airport security in coordination with BritainKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT Nov 26 (KUNA) -- Deputy Foreign Minister Khaled Al-Jarallah said on Thursday Kuwaiti security authorities are keen to work with the British side for ...

 Nov 26 2015 - Al Tayer affirms DEWA's commitment to support UAE national identityEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 26th November 2015 (WAM) -- Saeed Mohammed Al Tayer MD and CEO of Dubai Electricity and Water Authority DEWA has affirmed DEWA's commitment to ...

 Nov 26 2015 - UAE- YFEL Led Solar Energy Project with Masdar Collaboration Comes Online to Help Power Rashid Abdullah Omran HospitalEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 26th November 2015 (WAM)--Masdar has completed a 543 KWp photovoltaic (PV) solar power project that is to deliver renewable energy to the Rashid ...




Click to Apply


Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help