Smart Water business intelligence week 23/12/2024
Market
With droughts fuelled by human destruction of the environment expected to affect 3 in 4 people by 2050, investing in sustainable land and water management is essential to reduce their costs, which already exceed $307 billion per year globally, according to a recent report launched at the Conference of the Parties (COP16) of the United Nations Convention to Combat Desertification (UNCCD):
UN urges investment in nature to mitigate billion-dollar drought costs
Technology
Scientists at Heriot-Watt University have developed technology that will significantly improve the safety of public water supplies by dramatically improving the detection of waterborne pathogens. The team optimized the design and operation of monitoring systems that identify pests, doubling the success rate to more than 70%, compared to the current industry standard of about 30%:
Better detection of bugs in public water supplies will reduce illness and service disruption
Regulation
The U.S. Environmental Protection Agency has announced draft national guidelines on health-based levels of perfluoroalkyl and polyfluoroalkyl substances (PFAS) in water bodies. Once finalized, these recommended criteria can be used by states and authorized tribes to establish water quality standards that help protect people from exposure through consumption of water, fish, and shellfish from inland and coastal waters that may be polluted with these PFAS:
US EPA Releases Draft Health-Based Recommendations for PFAS Levels in Bodies of Water
Financing
The Abu Dhabi Fund for Development (ADFD) has signed a loan agreement worth AED92 million (approximately US$25 million) with the Government of Rwanda to finance the expansion of water transmission and distribution systems at the Karenge Water Treatment Plant:
ADFD signs AED92 million loan agreement to enhance water security in Rwanda