Innovators unite to tackle global water challenges with $11 Billion investmentWater scarcity and sanitation issues continue to pose significant ...
Published on by Water Network Research, Official research team of The Water Network
Water scarcity and sanitation issues continue to pose significant challenges worldwide. In a ground-breaking move, seventeen organisations have joined forces to support the United Nations (UN) Water Action Agenda, pledging a staggering $11 billion investment over the next five years to drive water innovation and address these pressing global issues.
This collective commitment was announced during the UN 2023 Water Conference at a special event organised by Xylem in collaboration with the Kingdom of the Netherlands. The pledges from these innovative industry leaders and several non-profit organisations will be incorporated into the Water Action Agenda. This comprehensive initiative aims to accelerate progress towards UN Sustainable Development Goal 6, focusing on water and sanitation.
The executives representing Xylem, Veolia, XPV, Hydraloop International, and Hansgrohe are spearheading this transformative investment, which will be directed toward crucial areas such as water-related research and development. Additionally, start-up companies specialising in innovative water management approaches will receive financial support to scale their operations, while the deployment of new water technologies will be prioritised. These organisations have also committed to ongoing collaboration with development agencies, governments, and stakeholders from various sectors to facilitate comprehensive solutions for water-related challenges.
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https://www.envirotech-online.com/news/water-wastewater/9/xylem-japan/17-innovators-highlight-investment-to-solve-global-water-challenges/60252Taxonomy
- Innovation
- Innovation
- Grants
- Open Innovation