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Carlos Cosín

Floods: Why Spain’s Exceptional Rains Don’t Resolve Long-Term Water Scarcity

Spain’s recent wave of exceptional rainfall has brought much-needed relief after years of drought. Reservoirs are filling and restrictions may ease. Yet this meteorological episode does not resolve the country’s structural water scarcity. As extreme rainfall events intensify under climate change, the challenge is not simply how much rain falls, but how water systems capture, manage, and store it. Spain’s experience illustrates a broader lesson: floods can relieve short-term pressure, but long-term resilience depends on infrastructure, governance, and investment in smarter water management.

When Capitals Run Dry: Water as the New Geography of Investment

From Tehran to Jakarta, and Cairo to Lagos, national capitals are confronting a new reality: their future depends not only on political will or economic strength, but on their ability to secure water. This article explores how water scarcity and climate stress are forcing countries to rethink urban planning, relocate capitals, and redefine the meaning of capital investment. For policymakers and investors alike, this is not just a crisis—it’s an opportunity to build resilience and unlock the next frontier of sustainable infrastructure.