Market trends

Smart Water business intelligence week 24/07/2023

Market

Despite some progress, billions of people around the world still do not have access to safe drinking water, sanitation and hygiene; a situation exacerbated by water scarcity caused by conflict and climate change. Recently, the High Level Political Forum (HLPF) discussed the key role of water in achieving the Sustainable Development Goals (SDGs):

Major boost needed to reach 2030 water, sanitation and hygiene goals

Technology

Smart meters, a mature LoRaWAN offer with competition from cellular networks, an ever-wider range of services, awareness among all players of the importance of preserving water as a resource, etc. The smart metering market is experiencing a unique alignment of planets:

[EIN] Le smart metering va devenir le premier outil pour la sobriété hydrique

Regulation

Quantitative water management consists in guaranteeing that withdrawals from water resources are compatible with the good condition of natural environments, groundwater and watercourses. Because the question of this good management has become, in the context of climate change, a concern as important as that of its quality, the Court and the regional chambers of accounts have decided to devote an investigation to it. The conclusions of this report are published today, a few months after the presentation by the government, on March 30, 2023, of a plan dedicated to water:

[Cour des Comptes] La gestion quantitative de l’eau en période de changement climatique

Financing

The European Investment Bank (EIB) today pledged a EUR 79 million loan over 25 years to support water desalination, access to drinking water and wastewater treatment in Djibouti:

Djibouti: Global Gateway – 79 millions d’EUR de la BEI pour le dessalement de l’eau et le traitement des eaux usées

Smart Water business intelligence