Which of the following options correctly fills in the blanks in the following sentence:

Water management refers to the __________ and efficient use of water resources to meet the needs of human populations and the environment. This includes activities such as water conservation, flood control, and the regulation of water use. Effective water ________requires collaboration between government agencies, communities, and _______ organizations to ensure that water is used sustainably and equitably. It is crucial for ensuring access to clean drinking water, supporting agriculture and industry, and _______ wetlands and other ecosystems. Effective water management is essential for addressing the challenges of climate change and meeting the_________ demands of a rapidly increasing global population.