Market trends

Smart Water business intelligence week 04/03/2024

Market

India faces a serious water crisis, leading to nearly 200,000 deaths per year. It is crucial that the government re-evaluates electricity and water subsidies, implements targeted programs to combat groundwater depletion, shifts crops to less water-intensive options and adopts technologies effective in dealing with the crisis. The government must act now to prevent millions of people from facing water stress by 2025:

India’s thirst for improved water security

Technology

A joint team of scientists (Australia and China) has developed a new method to measure and remove sulfates from water, which could lead to cleaner waterways and more effective treatments of nuclear waste:

Researchers develop molecule that traps sulfate in water

Regulation

As 2024 begins, the U.S. EPA is hard at work preparing to finalize two major regulations under the Safe Drinking Water Act by the end of the year: the National Primary Drinking Water Regulation PFAS and Lead and Copper Rule Improvements (LCRI):

2024 US Water Regulatory Outlook: PFAS, Lead and Copper Rule Improvements

Financing

The African Development Bank and the OCP Group signed three loan agreements in Rabat for a total amount of $188 million to help finance the OCP Group’s green investment program aimed at providing drinking water to cities around three new desalination plants in Morocco:

AfDB and OCP approve $188 million water project in Morocco

Smart Water business intelligence