Yesterday, 22 March 2018, marked World Water Day. It is also the week, when the 8th World Water Forum (WWF-8) convenes, 18 to 23 March 2018, in Brasilia. It is no coincidence, for sure, that Brazil was chosen for this noble WWF – about the water equivalent to the political and corporate elites, represented at the WEF – World Economic Forum, in Davos. The two are intimately related, and interlinked, as we will see.
A concerted push is underway in South America that could see one of the world’s largest reserves of fresh water soon fall into the hands of transnational corporations such as Coca-Cola and Nestle. According to reports, talks to privatize the Guarani Aquifer – a vast subterranean water reserve lying beneath Argentina, Brazil, Paraguay, and Uruguay – have already reached an advanced stage. The deal would grant a consortium of U.S. and Europe-based conglomerates exclusive rights to the aquifer that would last over 100 years.
