SCALING UP THE SANITATION ECONOMY 2020-2025
Published on by Water Network Research, Official research team of The Water Network in Non Profit
Established in 2015, the Toilet Board Coalition (TBC) is a business-led partnership platform with the goal to accelerate the transition to the Sanitation Economy. Our ambition is to transform sanitation systems from unaffordable public costs into robust marketplaces of sustainable business value. The TBC is facilitating private sector engagement; large company - small company partnerships; and public-private collaboration to contribute to the achievement of Sustainable Development Goal 6 - universal access to water and sanitation. We run the Toilet Accelerator, the world’s first accelerator programme dedicated to Sanitation Economy business solutions that are smart, circular, and resilient to address the unmet sanitation needs of the world’s most vulnerable. The members of the Toilet Board Coalition believe that accelerating the Sanitation Economy will deliver significant benefits to business and society.
A CALL TO ACTION FOR BUSINESS LEADERS Via the Sanitation Economy, sanitation is a net contributor to human rights, new resources, and data with vast opportunities for business and society.
Sanitation is one of the most pervasive yet overlooked development challenges facing us in the 21st century. An estimated 2.3 billion people around the world still lack access to basic sanitation and 4.5 billion people - more than half the world’s population still lack access to safely managed sanitation along the entire service chain. Increasing urbanisation is aggravating sanitation issues, environmental degradation and public health.
There are 3 pathways to scale via cities, sectors and standards. Business leaders have a unique role to play. Scaling up new Sanitation Economy approaches within businesses will ensure sanitation access and un-lock resources and data that will transform the economics of sanitation into commercially viable opportunities. These solutions will enable companies to provide the human right of safely managed sanitation to employees, across supply chains and communities where they operate - while managing resource risks, generating new insights about health and behaviour, building positions in growth markets, and strengthening supply chains. The Sanitation Economy provides us with a new lens through which to translate global sanitation needs into sustainable business solutions with compounding value across 3 Economies. The Sanitation Economy has the potential to unleash innovation, economic growth and development - and is estimated to be a multi-billion dollar a year marketplace.
Read the full report attached.
Media
Taxonomy
- Sanitation
- Sustainable Sanitation