World enters ‘water bankruptcy’ – UN report

TORONTO - The world has entered an era of “global water bankruptcy”, according to a new United Nations University report that will add urgency to how fashion and textile brands manage water risks in their supply chains.

Published by the UN University Institute for Water, Environment and Health (UNU‑INWEH), the flagship study, 'Global Water Bankruptcy: Living Beyond Our Hydrological Means in the Post‑Crisis Era' argues that phrases such as “water stress” and “water crisis” no longer capture the scale of the emergency.