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The global water grab

The other side of land grabbing

Around the world, water resources are being targeted by investors, explicitly and implicitly, in what can be called a ‘global water grab’. This involves the taking control and the redirection of valuable water resources by financially powerful actors – both domestic and foreign – in the context of a reconfiguration of global capital, with negative consequences for local communities and ecologies. By Sylvia Kay and Jennifer Franco

 

To be sure, water grabbing is not a new phenomenon. But within the current dynamics of global capital, a range of energy, food and environmental crises have coalesced to bring water into sharper focus as a commercial asset. Water, as a 2009 Foreign Policy article announced, is destined to become the ‘next big thing’ ...


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New Global Partnership for Development? / Victory at UNCTAD XIII

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