• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Monday, July 6, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home News

World Bank Report Finds 245 Million Jobs Hidden in Water Efficiency

Nathaniel Irobi by Nathaniel Irobi
March 20, 2026
in News
0
World Bank Report Finds 245 Million Jobs Hidden in Water Efficiency
0
SHARES
7
VIEWS
FacebookTwitterWhatsappEmailTelegram

The World Bank Group has called for a global rebalancing of water use in agriculture to sustainably meet future food demand and generate up to 245 million long-term jobs, particularly in Sub-Saharan Africa.

This is contained in a statement by the World Bank Online Media Briefing Centre on a report titled “Nourish and Flourish: Water Solutions to Feed 10 Billion People on a Livable Planet,” unveiled on Thursday.

RelatedPosts

FCT’s Policy Revolution: When Government Finally Listens to the People

IMF Flags N8.83tn Off-Budget Spending, Obi Accuses Tinubu of ‘Grand Corruption’

FG says IMF’s off-budget spending claim inaccurate

The report noted that current agricultural water management practices, characterised by overuse in some countries and underuse in others, could sustainably support food production for only about half of the world’s population.

It said it had been projected that by 2050, 10 billion people would need to be fed.

According to the report, addressing both excessive water use in stressed regions and inadequate utilisation in water-abundant areas will be key to meeting this future demand.

The report introduced a framework linking water availability to food production and trade by categorising countries by water stress levels and their food import or export status.

“The framework identifies areas where expanding rain-fed agriculture can boost food production, where irrigation investments can unlock jobs and growth, and where water use must be rebalanced to protect ecosystems.

“It also highlighted the role of trade as a more sustainable alternative to local production in certain contexts,” the report said.

Paschal Donohoe, managing director and chief knowledge officer of the World Bank Group, was quoted as saying, “The way we manage water for food will have profound implications for jobs, livelihoods, and economic growth.

ALSO READ:  Babangida Must Tell Us The Truth About 1993 Election—Prof Kailani

“By making smarter choices about where crops are grown, how water is allocated, and how trade supports food security, we can strengthen resilience, expand opportunity, and safeguard critical resources.”

The report emphasised the need for increased private-sector participation and financing, alongside public investment, supported by effective policies, institutions, and regulations to boost food production, create jobs, and promote sustainable growth.

It noted that public funding alone would be insufficient to deliver the innovation, scale, and services required to expand irrigation, improve performance, and maintain results.

Guangzhe Chen, vice president for Planet at the World Bank Group, was quoted as saying, “When investments in infrastructure, business-enabling policies, and private capital mobilisation come together, the impact can be greater than the sum of its parts.

“By linking global evidence with country realities, this framework can help policymakers navigate trade-offs and adapt food production to today’s water and climate realities—delivering food, jobs, and resilience together.”

The report estimated that expanding and modernising irrigation systems, where water is available, would require an additional $24 to $70 billion annually through 2050.

It added that governments already spend about $490 billion yearly on agricultural support, largely on subsidies, suggesting that redirecting part of this funding could attract private investment.

“Redirecting a portion of current spending, combined with regulatory reform, use of blended finance, and public-private partnerships, will crowd in private capital, including co-investment by farmers themselves, and support financially sustainable water and food security,” the report said.

The World Bank Group said it remained committed to supporting countries through policy reforms, public investment, and private capital to strengthen food systems, create jobs, and protect natural resources.

ALSO READ:  Former Lagos Finance Commissioner Launches Foundation on Sickle Cell Disease

It said the group had committed to doubling its annual agribusiness financing to nine billion dollars by 2030 and to mobilising an additional five billion dollars annually under its AgriConnect initiative to support smallholder farmers.

(NAN)

Tags: jobsWorld bank
Previous Post

UK, Nigeria Unveil Three-Year Plan To Combat Immigration Crime

Next Post

Eid-el-Fitr: Tinubu Felicitates Muslims, Urges Renewed Unity, Patriotism

Nathaniel Irobi

Nathaniel Irobi

Related Posts

FCT’s Policy Revolution: When Government Finally Listens to the People

FCT’s Policy Revolution: When Government Finally Listens to the People

by Nathaniel Irobi
July 5, 2026
0

By Dr. Jumai Ahmadu For decades, Nigeria's development planning followed a familiar pattern: government officials designed projects from their offices,...

IMF Flags N8.83tn Off-Budget Spending, Obi Accuses Tinubu of ‘Grand Corruption’

IMF Flags N8.83tn Off-Budget Spending, Obi Accuses Tinubu of ‘Grand Corruption’

by Nathaniel Irobi
July 5, 2026
0

Presidential candidate Peter Obi has accused the Bola Tinubu administration of "grand corruption" after an International Monetary Fund (IMF) report...

FG says IMF’s off-budget spending claim inaccurate

FG says IMF’s off-budget spending claim inaccurate

by Elanza
July 5, 2026
0

The federal government says the International Monetary Fund’s (IMF) claim that Nigeria omitted some public spending from recent budgets is...

Next Post
Eid-el-Fitr: Tinubu Felicitates Muslims, Urges Renewed Unity, Patriotism

Eid-el-Fitr: Tinubu Felicitates Muslims, Urges Renewed Unity, Patriotism

Guinea Seeks Review of 1976 AFCON Title After CAF Overturns Senegal Victory

Guinea Seeks Review of 1976 AFCON Title After CAF Overturns Senegal Victory

Recommended

Navy Destroys 5 Illegal Refining Sites in Rivers

Navy Busts Illegal Fuel Ring, Seizes 22,870 Litres in Rivers

7 days ago
Mbappe Penalty Punishes Paraguay as France Reach Quarter-Finals

Mbappe Penalty Punishes Paraguay as France Reach Quarter-Finals

20 hours ago

Popular News

  • Residents flee as flood ravages 10 communities in Kebbi – NEMA

    Residents flee as flood ravages 10 communities in Kebbi – NEMA

    0 shares
    Share 0 Tweet 0
  • Drama In FCT Polls As APC, PDP Candidates Step Down For Each Other

    0 shares
    Share 0 Tweet 0
  • Boost Military Morale Through Positive Coverage, Media Told

    0 shares
    Share 0 Tweet 0
  • Nasarawa Governor’s Aide Empowers 250 Women In Karu

    0 shares
    Share 0 Tweet 0
  • Jaba LG Gets New Tinubu-Uba Sani Mobilization Network Leadership Team

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (26)
  • Business (836)
  • Education (278)
  • Entertainment (443)
  • Health (260)
  • National (3,366)
  • News (10,748)
  • Opinion (458)
  • Politics (2,252)
  • Science (15)
  • Security (421)
  • Sports (754)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform