January 20, 2026 Damian Carrington  Environment editor The Guardian The world has entered an era of “global water bankruptcy” that is harming billions of people, a UN report has declared. The overuse and pollution of water must be tackled urgently, the report’s lead author said, because no one knew when the whole system could collapse, with implications for peace and social cohesion. All life depends on water but the report found many societies had long been using water faste