Bio: Stella Thomas is the Founder and Director of the Global Water Fund, which serves as a platform for multi-stakeholders to address the increasing global problem of water management by seeking solutions in new technologies, financing and policies. The Global Water Fund also seeks to create an awareness of the world’s water crisis through its Foundation.
Importing virtual water can be used as an economic tool to alleviate water stress. When countries import agricultural products, they are importing the water embedded in a product. The water savings between the exporters and the importers generates savings in both water and energy supplies.
Can you describe what the concept of integrated water resources management means and can you illustrate any specific examples to better understand why IWRM is an important tool in water management?