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MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-p3-04-32-WATER-150620.odp Peter Burgess (c) All rights reserved MDIA WATER A COMPONENT OF NATURAL CAPITAL

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MULTI DIMENSION IMPACT ACCOUNTING

File: MDIA-p3-04-32-WATER-150620.odp Peter Burgess (c) All rights reserved

MDIAWATER

A COMPONENT OF NATURAL CAPITAL

MULTI DIMENSION IMPACT ACCOUNTING

WORK-IN-PROGRESS.SLIDESET STILL IN DEVELOPMENT.UPDATES WILL BE POSTED OVER

THE NEXT SEVERAL WEEKS

The IMPORTANCE of WATER

Without WATER, a person is dead in less than three days. In a major drought, plants die, then animals and then people.

Huge amounts of water are needed to grow almost everything.

Huge amounts of water are needed to make almost everything.

MULTI DIMENSION IMPACT ACCOUNTING

MULTI DIMENSION IMPACT ACCOUNTING

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DROUGHTCrops fail

MULTI DIMENSION IMPACT ACCOUNTING

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DROUGHTWater shortage in New Mexico

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DROUGHTCamel carcass … Horn of Africa

MULTI DIMENSION IMPACT ACCOUNTING

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DROUGHTDead animals … Horn of Africa

The CHALLENGESTo use water in a more efficient way so that:

● We have water we need for people;● We have water to grow what we need;● We have water to produce what we need

To end water pollution from human activities: ● Runoff from agriculture;● Effluent from urban areas;● Wastewater from industrial activities.

MULTI DIMENSION IMPACT ACCOUNTING

WATER, a product of NATURE● Purified by natural systems;● Historically a 'free' good;● Now, increasingly there are shortages; ● Essential for all forms of life;

● People die after 3 days with no water;● Huge amounts used in agriculture;● Huge amounts used in industrial operations;● And lots of wastewater and pollution issues to be addressed

MULTI DIMENSION IMPACT ACCOUNTING

The next slide:

WATER …

Perhaps the most VALUABLE substance on the planet.

MULTI DIMENSION IMPACT ACCOUNTING

MULTI DIMENSION IMPACT ACCOUNTING

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WATER

DRINKING WATER

The next 2 slides:

BOTTLED WATER …

One of the most PROFITABLE products on the planet …

… as long as external negative IMPACTS are ignored

MULTI DIMENSION IMPACT ACCOUNTING

MULTI DIMENSION IMPACT ACCOUNTING

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WATER

BOTTLED WATER

MULTI DIMENSION IMPACT ACCOUNTING

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WATER

BOTTLED WATER

The next slides:

Freshwater ...● Lakes;● Rivers;● Rain.

Saltwater ...● Oceans

MULTI DIMENSION IMPACT ACCOUNTING

“Water, water, everywhere … and not a drop to drink”

MULTI DIMENSION IMPACT ACCOUNTING

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WATER - LAKES

MULTI DIMENSION IMPACT ACCOUNTING

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WATER – RIVERS / STREAMS

MULTI DIMENSION IMPACT ACCOUNTING

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WATER – RIVERS / STREAMS

MULTI DIMENSION IMPACT ACCOUNTING

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WATER - RAIN

MULTI DIMENSION IMPACT ACCOUNTING

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WATER - RAIN

MULTI DIMENSION IMPACT ACCOUNTING

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WATER - OCEAN

The next slides:

Water Shortages● Dry river in Pakistan;● Nearly empty reservoir in California● Collecting water in North Kenya;● Waiting for water in Myanmar.

MULTI DIMENSION IMPACT ACCOUNTING

MULTI DIMENSION IMPACT ACCOUNTING

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WATER

WATER SHORTAGE

Pakistan … 2009

MULTI DIMENSION IMPACT ACCOUNTING

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WATER

WATER SHORTAGE

California … 2014

MULTI DIMENSION IMPACT ACCOUNTING

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WATER

COLLECTING WATER

MULTI DIMENSION IMPACT ACCOUNTING

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WATER

COLLECTING WATER

Myanmar … 2011

The next slides:

Too much water … floods

MULTI DIMENSION IMPACT ACCOUNTING

MULTI DIMENSION IMPACT ACCOUNTING

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FLOODS

Myanmar … 2011

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WATER

FLOODS

The next slides:

Flood control measures● River Thames in London;● Dam in China;● Dam in USA.

MULTI DIMENSION IMPACT ACCOUNTING

MULTI DIMENSION IMPACT ACCOUNTING

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FLOOD CONTROL

Thames barrage

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WATER

FLOOD CONTROL

MULTI DIMENSION IMPACT ACCOUNTING

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WATER

FLOOD CONTROL

WATER POLLUTION

MULTI DIMENSION IMPACT ACCOUNTING

WATER is an amazing solvent … and this is a huge problem because water dissolves both good things and very bad things.

MULTI DIMENSION IMPACT ACCOUNTING

WATER POLLUTION comes from:Personal use … gray water;Storm water run off;Agriculture run off;Industrial process effluents;Industrial process leakages;Abandoned mines; Seepage from land fill (waste).

MULTI DIMENSION IMPACT ACCOUNTING

The next slides:

Water Pollution● Polluted rivers … solid waste;● Industrial waste water;● Abandoned mines runoff;● Deforestation;● Sediment laden river in China

MULTI DIMENSION IMPACT ACCOUNTING

MULTI DIMENSION IMPACT ACCOUNTING

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RIVER POLLUTION … SOLID WASTE

River Ganges in India

MULTI DIMENSION IMPACT ACCOUNTING

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WATER

INDUSTRIAL WATER POLLUTION

MULTI DIMENSION IMPACT ACCOUNTING

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WATER

ABANDONED MINE POLLUTION

MULTI DIMENSION IMPACT ACCOUNTING

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WATER

DEFORESTATION

MULTI DIMENSION IMPACT ACCOUNTING

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WATER

SEDIMENT LADEN RIVER

REMEDIATION

MULTI DIMENSION IMPACT ACCOUNTING

MULTI DIMENSION IMPACT ACCOUNTING

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NATURAL WATER TREATMENT

REMEDIATING ABANDONED MINE DRAINAGE

Pennsylvania

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EOPWater enters a stream … but is this clean water?

The WATER dimension of the socio-enviro-economic system depends on the characteristics of the water sources in the PLACE

MULTI DIMENSION IMPACT ACCOUNTING

PROCESSES that use WATER should be efficient in the context of the PLACE.

Post PROCESS water should not pollute the environment.

MULTI DIMENSION IMPACT ACCOUNTING

The next slides:

Water Cycle graphics

MULTI DIMENSION IMPACT ACCOUNTING

MULTI DIMENSION IMPACT ACCOUNTING

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WATER

WATER FLOW

MULTI DIMENSION IMPACT ACCOUNTING

MULTI DIMENSION IMPACT ACCOUNTING

MULTI DIMENSION IMPACT ACCOUNTING

USES FOR WATER

MULTI DIMENSION IMPACT ACCOUNTING

The main uses for WATER:Personal use … hydration;Personal use … washing, cooking, etc;Personal use … landscaping, etc;Agriculture … irrigation;Agriculture … livestock husbandry;Industrial process … manufacturing;Natural process support;Water transport losses;

MULTI DIMENSION IMPACT ACCOUNTING

The main sources of WATER:Rain, rivers and surface reservoirs;Underground aquifers;Deep old water aquifers;Desalination systems.

MULTI DIMENSION IMPACT ACCOUNTING

Unlike oil and gas, there is no global system of logistics to move water around the world.

MULTI DIMENSION IMPACT ACCOUNTING

Transport is readily justified based on value … but not easily justified with the cost / pricing construct that has prevailed for a long time*

MULTI DIMENSION IMPACT ACCOUNTING

* See MDIA discussion on Bottled Water

FINANCIAL AND IMPACT ACCOUNTING FOR WATER

MULTI DIMENSION IMPACT ACCOUNTING

So … how to do the accounting for impact for water?

MULTI DIMENSION IMPACT ACCOUNTING

The amount paid for water is in the financial accounts.

It is likely that the quantity of water going into the process is also recorded as a 'memo' item.

MULTI DIMENSION IMPACT ACCOUNTING

It is less likely that the quantity of water leaving the process is recorded.

Both the quantity of the water leaving the process and the quality of the water is required.

MULTI DIMENSION IMPACT ACCOUNTING

The IMPACT is a function of these PROCESS parameters: the consumption of fresh water … i.e. fresh water in less water out;

and,

the quantity and quality of the water out.

MULTI DIMENSION IMPACT ACCOUNTING

The IMPACT is also a function of water sources in the PLACE: The availability of water from sources that are replenished naturally (local rain, rivers etc.)

The stocks of ancient water that may be mined

MULTI DIMENSION IMPACT ACCOUNTING

And the IMPACT is also a function of water needs in the PLACE: The need for PEOPLE use – essential needs;

The need for PEOPLE use – less-essential;

The needs of AGRICULTURE;

The needs of INDUSTRY.

MULTI DIMENSION IMPACT ACCOUNTING

… the next slide is a graphic that puts much of this into the MDIA framework …

MULTI DIMENSION IMPACT ACCOUNTING

MULTI DIMENSION IMPACT ACCOUNTING

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The valuation of RESOURCE DEPLETION associated with the mining of old water that does not replenish has to be quantified ...

MULTI DIMENSION IMPACT ACCOUNTING

… and the reason for the agriculture and the industrial production is so that PEOPLE have the food and 'stuff' they need to maintain their lifestyle.

MULTI DIMENSION IMPACT ACCOUNTING

MULTI DIMENSION IMPACT ACCOUNTING

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regular flows

PeopleUse

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water

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Moving forward … Request for collaborationMoney is part of a complex socio-enviro-economic system. While it works … it does not work as well as it should, nor as well as it could. The work of MDIA is to enable this complex system to work better.

MDIA needs to be a team effort. Join in and help to make the world a better place. Please get in touch.

Peter Burgess … [email protected]

MULTI DIMENSION IMPACT ACCOUNTING

Some links and contact information: Peter Burgess … [email protected]

Peter Burgess LinkedIn profilehttps://www.linkedin.com/in/peterburgess1

Link to TrueValueMetrics.org websitehttp://www.truevaluemetrics.org/

Link to navigation for MDIA slidesetshttp://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=list0200-Burgess-p3-Slidesets

MULTI DIMENSION IMPACT ACCOUNTING