Why invest in water technology innovation

 

Around the world, cities, farmers, industries, energy suppliers and ecosystems are increasingly competing for their daily water needs. Without proper water management and concrete innovation in this sector, the costs of this state of things can be high – not just financially, but also in terms of lost opportunities, compromised health and environmental damage. In the absence of major policy changes and much better water management, the situation will deteriorate and water availability will become increasingly uncertain. 

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The water issue has become increasingly important in international politics due to tensions related to water control. In all continents the risks of clashes around shared aquifers, rivers and lakes are multiplying: Nile, Jordan, Mekong, Tigris and Euphrates, Ganges, Colorado, etc.

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The growth of migration processes towards Europe is also attributed to the reduced availability of water. In particular, the drying up of Lake Chad, located in the Sahel area south of the Sahara, has, for some time, triggered an intense process of migration towards European countries. 

 

In such a scenario, there are many opportunities for the industry sector and the finance market.

There is a problem with the quantity but also with the quality of water.

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Water demand is projected to increase by 53% globally between 2008 and 2030

• The “Water 2030 Global Water Supply and Demand model” promoted by the World Bank Group indicates that global water consumption will increase by 53% between 2008 and 2030. The increase in consumption will mainly take place in agriculture (+ 45%), in industry (+ 88%) and in municipal and domestic consumption (+ 50%).

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• Agriculture is the sector in which more water is used globally. Irrigation of agricultural land accounts for 70% of the water used universally. In developing countries, irrigation makes up 95% of global water use and plays a key role in food security. The development of these countries will depend on the possibility of expanding irrigated agriculture.

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• If the global gap is not filled, developing and emerging economies will suffer the most. In these countries, increasing water scarcity and deteriorating water quality are already critical issues today.

 

• Global changes such as rapid urbanization and climate change amplify these concerns. The need for safe treatment of wastewater is fundamental to the well-being of societies, economies, and the environment.

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• Israel expects its water consumption to nearly double between 2000 and 2050.  Only 25% of its needs can be covered by natural drinking water. The rest will be covered by desalination (55%) and recycling (20%).​​​​