The economics of water: Valuing the hydrological cycle as a global common good

22 October 2024 – Honorary President of The Club of Rome, Mamphela Ramphele, is one of the commissioners of the recently published report, The Economics of Water: Valuing the Hydrological Cycle as a Global Common Good. The report, developed by the Global Commission on the Economics of Water, explores the urgent need to rethink how water is valued and managed globally.

The report highlights the challenges posed by disruptions to the global water cycle, which disproportionately affect vulnerable populations, and stresses the importance of recognising water as a global common good. It calls for collective action to restore a stable hydrological cycle, essential for ensuring the human right to water, food security and sustainable development.

The Commission’s recommendations focus on valuing water not only for its economic benefits but also for its role in supporting ecosystems. The report underlines the need for international cooperation and policy changes to address the growing water crisis.

Ramphele’s involvement in this work reflects her ongoing dedication to global sustainability and equitable solutions.

Ramphele remarks: “Our relationship with water must be redefined. We need collective action to restore balance to the global water cycle, ensuring that it is valued as a shared resource vital to sustaining life and achieving equitable development. We also need to learn from indigenous communities across the world, who represent 6% of the global population yet protect more than 80% of vital ecosystems, including watersheds!

Access the full report

Related Content

Rethinking cities: A systems approach to sustainable urban futures

Rethinking cities: A systems approach to sustainable urban futures

18 June 2025 – A new report by The Club of Rome and the Hot or Cool Institute warns that current approaches to city design are failing to address the scale and urgency of urban challenges and calls for a fundamental shift in how we design and govern urban areas.

New report: The future of business is intergenerational

New report: The future of business is intergenerational

06 May 2025 - A new report released by the UN Youth Office, the St. Gallen Symposium and The Club of Rome is calling on businesses to embrace intergenerational leadership as a driver of innovation, sustainability, and long-term success. Titled How Intergenerational...

Club of Rome Logo