• Report was released at 10th World Water Forum in Bali, Indonesia. 
• World Bank defines Shared prosperity as boosting prosperity, particularly for poorest, to achieve more equitable societies.

Key Findings

• Four interconnected building blocks of prosperity: Health and Education (human capital), Jobs and Income, Peace and Social cohesion (social capital), and Environment (natural capital). 
• Population growth, urbanization, and climate change are causing disparity in global water access.
  • In 2022, 197 million people lacked safe drinking water, and 211 million lacked basic sanitation.
  • Globally, about 450 million people live in high-poverty and low-water-access hotspots.
  • In low-income countries, access to water services is available in less than half of schools.
    • Inadequate and unsafe water affects early childhood development.
  • Climate change leads to extreme weather events like floods, droughts, further disrupting children’s learning leading to school dropouts, damaging crops, increasing conflicts etc.

Recommendations for inclusive water security

• Improve resilience to extreme hydro-climatic risks by setting up early warning systems.
• Improve water resources development and allocation by integrating nature-based solutions and adopt water accounting method.
• Safely managed water supply and sanitation by reforming water information systems to target pro-poor.