Two important water events are taking place in Singapore over the next seven days. One is the Singapore International Water Week (SIWW), which begins today, and the other is a meeting at Raffles Institution on June 9.
Part of the SIWW-related events will deal with the future of the world's water resources beyond 2030.
This segment is being organised by the Lee Kuan Yew School of Public Policy, Third World Centre for Water Management, the SIWW, International Water Resources Association and Taylor & Francis, the world's second-largest science publisher.
This special session will have seven of the world's most distinguished water experts discussing the future of the world's water supplies.
While experts gather to talk about water at the SIWW, a group of students will be equally engaged in discussions on water- related issues.
Raffles Institution is organising a meeting focusing exclusively on the future of water. To our knowledge, this is the first time anywhere in the world where a truly international meeting of students on the future of water is being organised.
More than 200 students between the ages of 16 and 18 years from 25 schools in 15 countries will participate, along with some 35 educators.
No matter which issues are considered - urbanisation, economic growth, poverty alleviation, employment generation, industrial and agricultural development or advances in science and technology - water invariably plays an important role.
For sectors like food, energy, transportation, environment or health, water is absolutely essential. And the future of the world's water will be ultimately decided by the interaction of all of them.
Therein lies the inherent complexity when it comes to forecasting the future. At present, the consensus view is that the world will face a water crisis in the foreseeable future that no previous generation has had to face. We are convinced, however, that the current global consensus view on the water crisis is wrong.
First, look at the track record of the global forecasts of water requirements in the past 60 years. All these forecasts, without exception, have turned out to be too high. We have no doubt that the current forecasts will be the same.
The second reason has to do with the wastage involved in agriculture. Water for agricultural use accounts for nearly two-thirds of global water use. But there is not a single country in the world where the money paid for water for agricultural use covers the provider's operational costs. Instead, water is mostly provided free.
If governments started charging farmers for just the operation and maintenance cost of the water used in irrigation, the amount required would diminish very substantially. If the investment costs of infrastructure were added, water requirements would probably decline by half.
There is similar room for improvement in urban areas. In most developing countries, some 40 per cent to 60 per cent of the water supply never reaches consumers because of poor operation and maintenance practices.
Even in a developed country like Britain, the largest water utility, Thames Water, currently loses some 25 per cent of its water due to leakages. Yet, in cities like Tokyo, the losses are only 3.7 per cent.
It is not only the utilities that are inefficient. Consumers in many countries have no incentive to practise water conservation.
Sadly, the world's highest per capita water consumption is often in the driest areas like Riyadh or Doha. One of the highest consumption rates in the world is in Qatar, where daily per capita water use is 430 litres.