World Water Forum 2015: World Water Council, K-water announce new 'green' path to sustainability

The World Water Council and Korea Water Resources Corporation together with representatives from the 7th Forum National Committee will urge political leaders to act upon the approaches outlined in the "Water and Green Growth" report to cultivate more sustainable economic growth for various nations.

DAEGU, SOUTH KOREA, April 13, 2015 -- Announced at the 7th World Water Forum (WWF) -- taking place April 12-17 at the Daegu EXCO in the province of Daegu-Gyeongbuk, Republic of Korea -- the World Water Council and Korea Water Resources Corporation (K-water) together with representatives from the 7th Forum National Committee will urge political leaders to act upon the approaches outlined in the "Water and Green Growth" report in an effort to cultivate more sustainable economic growth for various nations.

Launched at WWF and set within the context of the post-2015 development agenda, the report provides guidance on developing and implementing water and green-growth policies by combining different alternatives based on state-, market- and community-based approaches. In view of the water crises as the top global societal risk in the next decade, the measures within the study aim to reduce risks and create opportunities, while remaining sensitive to economic, environmental and social issues.

Green growth has emerged as a paradigm for job creation and economic and social development through green and clean technologies. The Republic of Korea, the host nation for WWF, has focused on green solutions to reinvigorate its economy. Likewise, developed nations in Europe such as France, Germany and the UK are exploring, promoting and pursuing green-growth strategies to tackle climate change, achieve dependence on resources and create jobs.

"We believe that conventional economic development models have shown their limits by digging too deeply into the ecological debt for the future generations," said Benedito Braga, World Water Council president. "To achieve environmental security, economic growth and a high standard of living, a new paradigm for growth is needed. We believe that water is at the heart of this new growth paradigm. We are calling for a new framework, which sets water as a means to steer economies and societies toward more resilience while meeting the soaring demands for food, transport, housing, energy, and water."

Gyewoon Choi, Korean Water Institute, K-water CEO, added, "We have set out strategies and solutions for addressing water-related challenges. Green growth requires both economic and environmental efficiency. In this regard, technological innovation and developments, such as the Smart Water Management Initiative featured in the report, should be promoted, as well as effective institutional arrangements and governance. It is my hope that the research and findings of 'Water and Green Growth' contribute to solving the water problems of our world and to achieving sustainable development."

See also:

"World Water Forum 2015: World Water Council, OECD call for global action on infrastructure funding"

"World Water Forum 2015: Call for greater government, industry collaboration"

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