Peter Brabeck-Letmathe, CEO, Nestlé

Peter Brabeck-Letmathe, Chairman and Chief Executive Officer of Nestlé and Member of the Foundation Board of the World Economic Forum answers the Davos Question.

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[tricky23]

Ok, the basic idea is not so bad... the watter issue is important and it will be even more important in future.. but the idea of buying watter rights really makes me smile... Anyway.. I don´t like Nestle.. and I don´t like Mr. Brabeck-Lemanthe

[thescarl]

Finally somebody adressing the root of the matter. Water problems must be solved, and everybody, first and foremost governments, but also industry, farmers, consumers and all stakeholders around a watershed must play their role according to their responsibility.

Just not doing anything and whining over and over that water must be free for everybody, will definetly lead straight to disaster.

It's too easy to waste something that's free.

[Peter8Roberts]

Peter,

You are wrong. Water is a basic human need and pricing it as an asset controlled by corporations and government is very wrong.

[hoberha]

Things are no moving ahead -- see 2030 Water Resources Group on the net

[robertlewisvazquez]

Mr. Brabeck the day your company decided to close the very first chocolate plant that began the Nestles journey showed that your company has no respect or loyalty to the very humble beginnings from which it came from. Your company needs to reopen the plant in Fulton Ny and help our city. I'm sure that if you do this you will start to regain loyalty again.

[zillyberlin]

the only reason why nestle wants to privatize the water is that their big bosses r still not satisfied with the billions of dollers they already forced out of this planet

[Dreamland666]

Read Polar Institute files on Nestle and how this organisation collaborated and benefited from Nazi regime. Once a COLLABORATER, always a COLLABORATER

[akir0n]

i don´t agree. it is even easier waisting something when you have paid for it. because then you think you have the right to do it. Africans would never throw away their food aid packages. western people throw away food ever day.

[akir0n]

they advertise alcohol as social,

teaching kids drinking is cool.

they invent new maladies every year,

teaching taking pills is what you need.

they shorten the life period of light bulbs, increasing the sales.

the produce DDT (persistent organic pollutant) and kept on selling it to africa untill 2004, oulluting the produced food.

No, they won´t kill us. But they would if we were obliged to still buy their products after death...

[abdullahalghafri]

In aflaj of Oman (traditional irrigation and water supply system) water used as commodity to generate funds for falaj maintenance and repair. The falaj economical systems evolved very smartly to encounter the environmental and social changes that happened in the past hundreds years. The falaj sustained because falaj owners always have a margin of flexibility to change the land or/and water use according to the change in the environment or the social setting of the village.

[abdullahalghafri]

Water rights in aflaj are rented periodicity to get cash for paying the wags of the personnel of falaj administration or maintaining the systems, such as cleaning the canals or the tunnels.

[abdullahalghafri]

Personally, I am with the idea to but costs for using water, because, the cheaper the water the more careless is the water users, BUT these costs should be proportional with the basic human needs, putting in mind that access to clean fresh water should be the right for every human being. I mean the water for drinking and cocking should be cheaper, or free, than the water used for leisure like swimming pools or Jacuzzi.