Recognizing Insolvency, Acknowledging Irreversibility, and Declaring Water Bankruptcy.
1. Transparent accounting of hydrological capital and liabilities: Assessing long-term trends in total water storage, ecosystem condition, and service reliability, and comparing these with existing claims and development plans;
2. Public acknowledgement of irreversible damage: Recognizing explicitly where aquifers, wetlands, glaciers, river systems, and other water-relevant natural assets can no longer be restored to historic conditions within meaningful time frames;
3. Formal recognition of a post-crisis state: Adopting legal or policy declarations that a basin, aquifer, city, or region is operating under water-bankrupt conditions and requires special governance measures to fulfill justice and achieve sustainability. Such declarations are essential to a fresh, truly transformative start.
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