WTW and Cornell University partner to predict drought and prepare for water scarcity

Core Insights - WTW has formed a scientific partnership with Cornell University to assess global drought risks and their impact on business operations [1][3] - Approximately two-thirds of the global population experiences water stress, which is exacerbated by drought, leading to reduced agricultural yield and economic growth, particularly in low and middle-income countries [2] - The collaboration aims to identify geographical hotspots for drought, improve risk estimates, and develop tools to anticipate drought events [3][4] Company Overview - WTW is a global advisory, broking, and solutions company that provides data-driven solutions in risk, capital, and people management [6] - The company operates in 140 countries, leveraging local expertise to enhance organizational resilience and performance [6] Academic Partnership - Cornell University, a leading research institution, will contribute its expertise in climate science and drought research to the initiative [5] - The research will be led by Prof. Toby Ault, who emphasizes the need for improved drought modeling to address the underestimated risks of prolonged droughts [4][5]