Nestlé Chairman Peter Brabeck-Letmathe has highlighted the global water shortage in a speech at the World Economic Forum in Davos, Switzerland. Mr Brabeck-Letmathe warned that the water shortfall over the next two decades will reduce global cereal production by a third and could trigger social unrest. The water shortage would intensify competition between countries for access to water, he said. To help tackle the issue, Mr Brabeck-Letmathe announced that the 2030 Water Resources Group (WRG) is being scaled up.
World Economic Forum
Jan1 27, 2012