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Latin Times
Latin Times
Politics
Pedro Camacho

Texas Faces $160B GDP Loss by 2030 if Water Infrastructure Investments Are Not Made, Report Finds

Rio Grande in Texas (Credit: Creative Commons)

The United States and Mexico reached an agreement in mid-November aimed at improving the latter's water deliveries under a 1944 water treaty with the goal of providing South Texas farmers more consistent access to water after recent periods of extensive droughts in the area which have led to record-low water level in the Rio Grande.

Nevertheless, the economic risks from water supply shortages might just be getting started, as a new report by commissioned by the nonprofit Texas 2036 points at severe economic and social impacts if the state does not prioritize water infrastructure investments to address vulnerabilities exacerbated by droughts and infrastructure deterioration.

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