The water sector has always struggled for investment, and each year the gap between dollars being spent and dollars that need to be spent on critical water infrastructure grows. The United States, for example, is facing an $84bn funding gap by 2020, and it is estimated to grow to more than $140bn by 2040.
numbers like these from around the world, investment in water remains
low as cities struggle to keep annual budgets out of the red.
Governments, international organisations and water utilities are trying
to find solutions that provide for growing global populations, but
traditional financing of engineered structures cannot get us there
alone. We need to think beyond city boundaries and look to nature for a
solution and an investment opportunity.
The provision of clean
drinking water is arguably the most fundamental service provided by
cities and utilities. It’s not only fundamental for sanitary living
conditions; it’s expected by city residents. Despite this, cities
struggle to access the capital required for the necessary investments to
provide this “basic” service.