Page 53 - Risk Report 2024
P. 53

IRMSA
           53
                   RISK REPORT 2024/25














                Longer-term response to address risk


                                              sustainably



     Risk drivers                         Response strategies                                        Impact

       Unstable bulk water sources due      Manage evaporation in dams; invest in regional          Short term:
       to climate change; delayed or        partnerships (agri/industry/consumer) to build and      Medium
       inadequate regional water, poor      increase dam storage; implement shared parametric       Medium term:
       dam management.                      weather insurance.                                      High



       Decaying, inadequate bulk water      Independently assess infrastructure integrity and       Short term: Low
       infrastructure (capacity, leaks,     maintenance programs; implement gainsharing PPPs for    Medium term:
       plants).                             water capacity projects.                                High

       Decaying water distribution          Build new reservoirs and local distribution networks,   Short term:
       networks in municipalities.          separate emergency allocation of water from paid water   Low to Medium
                                            supplementation. Enforce underground storage rules for   Medium term:
                                            new low-cost houses.                                    High



       Pollution of natural water           Roll out mass septic tanks in rural areas, enforce      Short term:
       (untreated waste in rivers,          compliance with penalties for polluters; increase recycling   Low, needs
       industrial pollution, increasing     and investment for waste treatment (funded by PPPs,     cultural change
       salinity).                           substituting for rates and billing).

       Electricity supply dependency at     Locate mobile high-capacity generators at bulk pump     Short term:
       pump stations.                       stations and metros; locally store diesel, with maximum   Medium
                                            response targets.                                       Medium term:
                                                                                                    High
       Financial mismanagement (billing);   Cap opex and restore capex allocation in municipal      Short term:
       misallocation of capex to opex).     budgets. Outsource billing and collection to independent   Medium
                                            service providers.                                      Medium term:
                                                                                                    High

       Inadequate capital to sustain        Liberalise water investment to allow PPPs for bulk and   Short term:
       ongoing water infrastructure         regional projects; reallocate spend from water tankers to   Low
       development.                         bulk storage.                                           Medium term:
                                                                                                    High
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