Market trends

Smart Water business intelligence week 28/03/2022

Market

The World Water Forum opened its doors for a week in Dakar (March 21-26, 2022). An important meeting that only takes place every three years. This is the first time it has been held in sub-Saharan Africa. According to the United Nations, only one in four Africans has access to drinking water and urban centers are not spared:

[France 24] Forum mondial de l’eau au Sénégal : seulement un africain sur quatre a accès à l’eau potable selon l’ONU

Technology

According to the World Economic Forum (WEF), cyber security in the water sector has become paramount and companies must manage this risk as part of their business strategy. According to the organization, cyber risk is the most immediate and financially significant threat facing organizations today:

Water infrastructure security in the age of cyber warfare

Regulation

Reusing wastewater to save fresh water is one of the virtues of what is called “reuse”. This approach is an essential lever in a context where global warming increases the pressure on water resources. However, this lever is hardly activated in France, where only 0.6% of wastewater is treated. Negligible compared to other European neighbors, such as Italy which treats 8% of its wastewater or Spain which reaches 14%. Why is our country lagging behind? This French phenomenon is mainly explained by a lack of public awareness and very strict regulations:

Réutilisation des eaux usées : que va changer le nouveau règlement européen ?

Financing

Saudi Arabia has announced more than 60 water projects, worth SR35 billion ($9.33 billion), which will cement the Kingdom’s position as the largest water desalination market in the world, said a senior official at the 3rd MENA 2022 Desalination Projects Forum which has just kicked off in Abu Dhabi:

Saudi Arabia announces 60 water projects worth SR35bln at MENA Desalination Projects Forum 2022

Smart Water business intelligence