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While transboundary rivers, lakes and aquifers, accounting for 60 per cent of global freshwater flows, are of crucial importance for the sustainable development and political stability of riparian States, the financial means for their management, development and protection are insufficient in most…
Risk is a part of our everyday lives. When we wear a helmet to ride a bike, for example, we accept a small inconvenience to reduce the risk of a fall or an accident. When a homeowner decides to retrofit their house, they incur a cost to shield against an earthquake or a flood. Faced with the COVID-…