S6E29 - The Problem with Water's Coping Costs
People lacking access to Water and Sanitation is an economic non-sense. How much does it cost not to have access to Water? Well, Water from a tanker costs 15x the utility averages and up to 50x more, for instance, in India. And that's still peanuts c...
(don't) Waste Water! | Water Tech to Solve the World
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Show Notes
People lacking access to Water and Sanitation is an economic non-sense.
How much does it cost not to have access to Water?
Well, Water from a tanker costs 15x the utility averages and up to 50x more, for instance, in India. And that's still peanuts compared to bottled alternatives!
Now, that's only the visible part of the iceberg. Because on the sanitation side of the problem, families without toilets at home pay to use latrines. And the open defecation alternative is even worse, as it ultimately results in increased medical bills.
In their "Worth of Water" book, Gary White and Matt Damon sum up all the "coping costs" of not having access to Water and sanitation, and even by downplaying it, it reaches a yearly burden of 300 billion dollars.
Meanwhile, the united nations projected the cost of solving the issue and achieving SDG 6 to "only" 114 billion dollars.
So the cost of keeping people deprived of safe water and sanitation is about three times higher than the cost of granting them these basic human rights.
That's why people lacking access to Water and Sanitation is an economic non-sense.
Wanna dive deeper into the topic? Check out my full review on SDG 6!
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