It’s something we use everyday — couldn’t survive without, actually — and often take for granted.

Yet freshwater could run out by 2040 at our current rate of consumption, says a report by BofA Global Research.

“Some 75 per cent of our planet is covered with water, yet less than 1 per cent is usable, and even this is depleting quickly,” said BofA equity strategists led by Haim Israel.

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