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20 March 2018 Photo Pexels
Water footprint important but misunderstood indicator
Water footprinting is the future of water conservation
The Water Footprint (WF) of a product, process or person provides an indication of how much fresh water is used, both direct and indirect, to produce a product, drive the process or lead a lifestyle. Although it is a very important indicator it is often misunderstood. Popular media contribute to this misunderstanding as they often use the WF to illustrate the large quantities of water used to produce a product without explaining what the footprint actually means.  

An example is a single kilogram of beef that has an average global WF 15 415 litres. This indeed sounds scary, but when one places it in context, the total WF includes 14 414 litres green water, 550 litres blue water and 451 litres grey water. Green water is the evapotranspiration of precipitation (rain), blue water is the fresh water from dams, rivers and underground sources, while grey water is the amount of fresh water required to dilute polluted water to acceptable levels.

According to Frikkie Maré, a lecturer at the Department of Agricultural Economics at the University of the Free State (UFS), the WF concept provides a new look at water conservation and sustainability. “Although the WF is not an indicator of sustainable water use, it is a useful tool to calculate total water demand and is used in the estimation of sustainability. Traditionally, water conservation was focused on the direct water use of individuals (time taken to shower, leaking taps etc.), but the WF now provides a tool to focus attention on total water demand.”

The Water Footprint Network assists individuals with this new trajectory on the water conservation front with the personal water footprint calculator that allows individuals globally to determine their personal water demand through their direct and indirect water usage. Maré believes this can cause the necessary paradigm shift in the aqua status quo by creating awareness among consumers on their total water demand.

With Water Week underway from 17-23 March 2018, UFS students and staff members are urged to make use of the personal water footprint calculator in order to become aware of the real importance of fresh water in our everyday lives.

News Archive

UFS presents Trust and Estate Planning Seminar
2010-10-04

At the seminar were, from the left: Mr James Faber, Centre for Planning Law; Mr Marius Botha, independent trainer in Financial Planning; Willie van der Westhuizen, Trust and Estate specialist, Millers Attorneys; Mr Louis van Vuren from B.O.E.; Ms Shirly Hyland, Centre for Financial Planning Law; Mr Kenneth Mould, Centre for Estate Planning Law; and Dr Bradley Smith, Department of Private Law.
 
The Centre for Estate Planning Law, in collaboration with the Centre for Financial Planning Law at the University of the Free State (UFS), recently presented their second Trust and Estate Planning Seminar.

This seminar was presented with the aim to convey new developments in the area of the law of succession, trust law and estate law in a practical manner to the public, as well as do research about relevant aspects of these disciplines. Prof. Willie van der Westhuizen, Trust and Estate specialist from Millers Attorneys was a speaker at the event and he discussed the topic, “Are trusts still useful and can it work for the advisor?”

Mr Marius Botha, independent trainer in Financial Planning, did a presentation on “The effect of abolishment of estate duty on financial planning needs”. Mr Louis van Vuren from BoE, main sponsor of the seminar, ended the afternoon with the topic “A gentle reminder of the general pitfalls in estate planning, will-drafting, estate and trust administration”.

Planning for next year’s Trust and Estate Law Colloquium, as well as has Prof. Willie van der Westhuizen’s annual Trust Law Seminar, has already started.

The seminar was attended by 90 financial planners and practising attorneys.

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