WASHINGTON, D.C. – The World Bank Group says improved water management could feed up to 10 billion people and create 245 million jobs globally by 2050.
In its report on Thursday, Nourish and Flourish, the bank warns that current agricultural water use is inefficient and unsustainable.
“The way we manage water for food will have profound implications for jobs and economic growth,” says Paschal Donohoe.
The report finds that existing systems can support less than half the global population due to uneven water distribution.
It proposes a framework linking water availability to food production and trade, helping countries optimise crop placement and irrigation investment.
Sub-Saharan Africa is identified as a key region for job creation through improved water systems.
The bank estimates that modernising irrigation will require up to $70 billion annually through 2050.
It urges governments to redirect agricultural subsidies towards sustainable water use and calls for stronger private sector involvement.
Experts say reforming water management is critical to ensuring global food security and economic resilience.
