Freshwater resources and green economy From Report of the world economic forum
The following is the Freshwater resources and green economy From Report of the world economic forum recommended by recordtrend.com. And this article belongs to the classification: research report, Energy conservation and environmental protection industry.
The intrinsic link between water, energy and carbon can be a useful lever for the net zero strategy. A recent study by xylem, a global water technology company, estimates that global water utilities account for about 2% of greenhouse gas (GHG) emissions, equivalent to the world shipping industry. In addition, the existing technology can reduce 50% of the Wastewater Sector’s power related emissions, of which about 95% of the impact can be achieved at zero or negative cost.
Although water is a local problem that needs to be addressed on a case by case basis, the damage caused by water insecurity in today’s interconnected and fragile supply chain is very real and should not be underestimated or ignored. For example, the mobile industry’s push for electric vehicles is vulnerable to water risks in the supply chain, including the mining of metals needed to make batteries. In Chile, drought or disease may disrupt the production of batteries destined for Philippine automakers.
Since 80-90% of new businesses in the world are built in water scarce areas, the risks and impact on the whole supply chain of the company may be huge, and the final decarbonization work may be affected.
Integrating water into a net zero carbon strategy requires innovative technologies, expertise, governance and financial instruments. Innovation is challenging, and to meet this challenge requires a paradigm shift. The report describes how this transformation can be achieved, as well as by transnational corporations, utilities, municipalities and small companies in the north and south of the world.
Each case shows that obstacles to innovation have been overcome by multi stakeholders around the world, and these partnerships continue to succeed. However, further efforts are needed to achieve the required scale and speed of change. Collaborative platforms must be used to continue to share, learn, replicate, transfer and adapt these actions across sectors and borders. A wider range of stakeholders are also needed to promote water boundaries and mainstream innovation.
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