New Research Reveals $3.7 Trillion Impact of Water Risk to the U.S. by 2050

New research, launched recently by global professional services company GHD, titled “Aquanomics: The economics of water risk and future resilience” reveals droughts, floods and storms could result in a total loss of $3.7 trillion to the United States gross domestic product between 2022 and 2050. This is the largest dollar impact faced by any of the countries included in the study, making up the majority of the $5.6 trillion total GDP losses projected across all seven focus countries. This equates to an average annual GDP loss of 0.5%.This study represents the first time the economic impact of water risk has been