The Global Commission’s report sets out the shifts required to drive radical changes in how water is valued, managed, and used. The new economics of water begins by recognising that the water cycle must now be governed as a global common good, that can only be fixed collectively, through concerted action in every country, collaboration across boundaries and cultures, and for benefits that will be felt everywhere.
This policy brief looks at the implications of the Global Commission’s findings for the success and implementation of the Global Biodiversity Framework (GBF), and how consideration of the hydrological cycle can accelerate progress towards the GBF targets.