Valuing Rivers in the Economy

As we consider the relationship between water risk, value and river basins, it is critical that we begin to appreciate the value that rivers provide. Traditionally, rivers have been primarily valued as sources of water for irrigation and hydropower. However, rivers provide a broader set of services that deliver immense benefits to people, economies and nature, which include, but exceed, the value of the water they carry. WWF (2018) Valuing Rivers Report outlines how river systems are critical not only to risk mitigation but for value creation. 

The map below, combining data from the Water Risk Filter and Kummu et al. (2018), outlines the link between GDP and water risk.