to spreading frankly, there's lots of sports businesses entropy to terry martin for me and all of us here at dw, there's thanks for watching the living independent, arise to our society is full of contrasts and any policy is a big challenge. many problems can only be solved by working together. yes, i think i pretend as in this leaving, what is home? how do we talk of the major issues about time? let's assume that there is a significant risk of human extinction from advancing our systems. climate changes

the new frontier, especially our series continues on september 1st on the w. the or this stuff is generally regarded as the earth's most valuable commodity. but that might not be the case for long. water is going to be good as the new oil climate change in population growth has pushed the world into what nasa calls a major hydraulic change. a k, a global water crisis. the scarcity of water means one thing is value is going up. it's why investment firms are smashing up land tied to water rights, and french farmers are taking big business and the authorities to court. we look at the impact of world water problem is having our local communities and how it's re

shaping the market. when it was just really gone, was a child, he and his siblings would swim in the mouth of this case. that's because your telephone as kids, we have the water up until here. and now there's not a drop of water to be seen. this cave is one of the water sources. we're cold, fresh water from a reservoir. under the p did on volcano emerges, it sits on into odds land, which has been of family run fish hatchery since the 17th century. but the source has been dry since 2018 and the network of pools that were once used to breed trout are no longer in operation. due to the severe drop in water levels where you have that exhaust. you can see here, for example, here 30 or 40 years ago, the water came up here every day of the year. it was constant, particularly since these are the who is the head of local water conservation group

. clayvon is standing above and irrigation canals that carries natural mineral water throughout the town. today, despite the heavy rainfall we had in may in june, the water levels are very low. when you click on to do it become a fabulous. you're only $3.00 to $4.00 centimeters. a susie and it was blameless on a french food and beverage company, donal which extracts water from the point of don't basin and bottles it under labels volvic every day. a steady stream of trucks loaded with freshly bottled water leave the volvic plants on their way to shelves. and more than 60 countries it was, says donnell is taking water faster than the water table can replenish itself. the hydrologist he's hired to assess the future of the fish farm. predict it'll be completely dry in 20 years. tunnel wasn't available for a sit down interview and answered questions by e mail. they say that last year,

1700000000 leaders of volvic water left the plant, the equivalent of 680 olympic sized swimming pools. and that the company has already reduced water used by 17 percent. since 2017 cindy explained that to save the sources from dying, it needs to be reduced more. here's how it works. this is a volvic and flu vm when it rains, the rainwater is soaked into the soil and crosses the different volcanic layers in full trading faults in the rock and eventually settling into a number of underground basins. there are natural sources where the water emerges. one used to be a dog's cave, but it's now dried up and a similar fate threatens the others. dental is allowed to extract $2500000000.00 leaders per year. the water levels dropped so low. regional officials put restrictions in place. local residents and businesses were

told they had to reduce water used by 10 percent by 2025. but the restrictions didn't apply to dental. so they have promised to reduce extraction by 5 percent in the case of route to water belongs to the nation. considered a common good and globally water is becoming more scarce. half of the world's population could be living in areas facing water scarcity by as early as next year . this sets the stage for a range of other problems like increased risk of disease. women and children bear the brunt of the hardship as the ones typically collecting water. they face exploitation. so could water markets be a viable solution transporting and selling water from one place where it's abundant to a place where there isn't enough? could feel unimportant need for people where there is water scarcity. but as

demands rose, so to will the price to red resources institute rings, jewelry as one of the most water stressed countries in the world, meaning that the country's demand exceeds the available supply central. it's sheila has been experiencing drought for more than a decade and the evidence is already visible. this is ladonna aqua now one or 2 of these lakes. well, it used to be a lake because now it looks like this. hydrologist say that the lack of rain fall in the country has contributed to its demise. but that over exploitation from humans has had the biggest impact in the 19 ninety's water from nearby rivers and aqua for which replenish the lake were diverted for other uses. the government sold water rights to water, intensive of a condo in cherry farms, summer homes for wealth. your residents use some of the water to grow lawns and

filled their swimming pools experts plainly and checked the sale of water rights during this period. as the reason why the lake is dry and that has incurred some to try to bring transparency, did she lives watermark at the a believe that building the value of water rights is key to taken care of water resources. and we also see that the chalet and state has not been concerned about this issue. christian valensuela is a natural resources engineer and founder of august 8 o'clock a platform that shows where water rights are being sold. and for how much more when we want to set a precedent for future public policies that are better oriented than those that exist today and send those people see the, the policies that many july ends hope will change under newly elected left. as president gabrielle bowditch, who says he'll support a proposed statute to reform. she lays water laws experts point to the privatization of its water,

which began in 1981 under the dictatorship of pino shay as a biggest corporate of water scarcity. so while water markets can help supply water to areas that need it, that policy can undo its benefits. water markets are good tools. i am in favor of generally speaking of water markets. but the problem with watermark is that there remains to an end, but they're not in the end and then of themselves. and so they have to be, well regulated, a global water scarcity, whether it's driven by over extraction or by drought, or both means one simple thing is value is going up. water is everything that gold and oil and we is, it is a valuable salable commodity. this is right, larson, he's a professor of water law at arizona state university. one thing water policy people say in the west is water doesn't flow down hill water flows to month 10 years ago,

a private company named greenstone resource partners, llc. but a $500.00 acre parcel of land and simple la, arizona, for around $10000000.00. the land came with water rights to the colorado river, which had been in decline due to drought and over use. for the 1st couple of years greenstone lease the land back to farmers in the area. and then in 2018, they sold the water rights tied to that parcel of land to a gated community. in phoenix, arizona, they made a profit of $14000000.00 by shipping the water 200 miles away. even though the greenstone sailed in effect, sibyl is municipal water supply. it's done local residents who worried about the impact selling water from one community just to redirect it towards another will have on farming in the future. this is all according to an investigation by the guardian, massachusetts state senator elizabeth warren, is trying to put a stop to water features trading, which allows investors, farmers,

and municipalities to speculate on water scarcity and trade water rates as a commodity. water isn't actually exchanged, and there's water us index giving investors a benchmark of the price development of water in california. the nasdaq vellows california water index, which launched in 2018 experts say the danger is that it could encourage investors to buy water rights in order to drive the price up and to make money on the futures market. with more than 2000000000 people lacking access to safe water, the idea that water scarcity is being used as a way to make profit is concerning to the united nations. last year, the un held the 1st conference focusing on water in nearly 50 years. that significant number should demonstrate just how seriously we take water security in a statement. it said water is a human right. it needs to be managed as a common good considering water as a commodity or

a business opportunity will leave behind those that cannot access or afford the market prices. back in france, eduardo take steps to conserve his communities. common good. it says he's taking the french authorities to court this, asking them to reduce the amount of water done. none is permitted to pump because of the secretary, you can pick more sick. this patching to is completely dry pc color missed the thank you done on the whole you look at the damage your doing on our territory . now. let's see, nuff is enough play that wants to see water levels rise again to new, you know, to general mount water is a common color to add to it belongs to everyone. why it should not be monopolized by a multinational corporation like done? should there be limits on corporations that bottle ground water for big bucks? what about investment firms up by water rights hoping to re sell them for a profit?

what do you think? let us know when the comments the the

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