Kochi: Well-known architect and Doctoral Candidate at Wisconsin-Madison University in the US said we should not forget the fact that since December 2020 we are living in a world where water is traded as a commodity. He was delivering the keynote address at the Beyond Square Feet lecture series organized by Asset Homes on the occasion of World Water Day at SCMS Seminar Hall in Kochi on ‘Valuing Water: Global Inequalities in the Built Environment’. He also said futures and options trading is happening on water like gold and oil and other commodities since then in Wall Street highlighting worries that the life-sustaining natural resource may become scarce across the world.
Climate change, droughts, population growth, and pollution are likely to make water more scarce keeping its pricing a hot topic for years to come, he warned. Sunil Kumar V., Managing Director, Asset Homes and Pramod P Thevannoor, Group Vice Chairman, SCMS group also spoke on the occasion.
Asset Homes has been organizing Beyond Square Feet lecture series thrice every year on world environment, water and habitat days.