Market trends

Smart Water business intelligence week 27/02/2023

Market

Metropolitan France has not experienced real rain for thirty-one days, announced Tuesday, February 21, Météo-France. This lack of precipitation, “unheard of during a meteorological winter” since the start of measurements in 1959, equals a previous record dating from 2020. It compromises the recovery of groundwater, depleted by last year’s historic drought:

Pas de véritable pluie en trente et un jours en France, un record égalé

Technology

Climate change is altering the water cycle. All models agree. But researchers warn us today. The announced water crisis could turn out to be even more severe than expected in many parts of the world:

Les modèles climatiques sous-estiment la crise de l’eau qui nous attend

Regulation

The information mission “Sustainable water management: the urgency to act for our uses, our territories and our environment” met on February 8, 2023 to set up its office and launch its work. The objective of the mission is to identify the flaws in the public water policy conducted in our country, and to propose solutions to face the challenge of shared management of a rarer and more precious resource, by strengthening current tools and even inventing new legal, institutional and financial instruments, capable of taking into account the diversity of issues and territorial situations that exist in our country, in the context of climate change:

[Sénat] Lancement d’une mission d’information sur la gestion durable de l’eau pour apporter des réponses urgentes sur nos territoires

Financing

The Saudi Ministry of Environment, Water and Agriculture has allocated up to SR393 billion ($104.7 billion) for 3,300 development projects in the water sector, according to the Minister Abdul Rahman bin Abdul Mohsen Al-Fadhli:

Saudi Ministry of Environment allocates $104.7bn for development projects in the water sector

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