Wilfried Brutsaert wins Stockholm water prize.

Why in news?

• The Stockholm Water Prize 2022 has been awarded by The Stockholm International Water Institute (SIWI) to Professor Wilfried Brutsaert for his innovative work in evaluating environmental evaporation.
• This prize is widely considered to be the Nobel Prize for Water.
• Professor Brutsaert was awarded this prize as he has developed methods for quantifying evaporation and the role it plays in the Earth’s energy balance that allows for accurate estimations of how precipitation can evolve.
• This method is of utmost importance to the exposed local communities across the world as they will need to predict daily water levels as well as water levels available in the future.
• Even though the award was announced on 22^ndMarch, this prize will be presented to Professor Brutsaert by Sweden’s King on 31^st August in Stockholm during the World Water Week (23^rd August to 1^st September). He will be receiving a glass statue along with 1 million Swedish krona which is equivalent to around USD 104,000.

About Stockholm International Water Institute

• SIWI is a not-for-profit, independent organization that aims to strengthen freshwater governance regionally, globally, locally, and nationally.
• This organization was founded in 1991 and is headquartered in Stockholm, Sweden.
• This organization performs research, provides advisory services, and builds institutional capacity in five areas of trans-boundary water management, water governance, the water-energy-food nexus, water and climate change, and water economics.