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Nicholas Parker - BEI

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  • UN stat - In March, at the World Water Forum, the United Nations released its World Water Development Report 2012. It documented other current deficits—nearly 1 billion people do not have access to improved drinking water. Plos One stat - Plos One online journal published a study by four leading global water specialists that underlined the point in human terms. According to their estimates, almost 2.7 billion people confront severe water scarcity at least one month each year. McKinsey stat - In total—assuming no significant productivity increases and innovation in the supply chain—global demand for water withdrawal in 2030 will be 40% to 50% higher than in 2010. McKinsey & Co. ’s 2011 report, “Resource Revolution,” supplies the slightly lower 2030 estimate—which works out to 6,350 billion cubic metres, up from 4,500 billion cubic metres today (the higher figure, 6,900 billion cubic metres, is from 2030 Water Resources Group). Of that new water demand, McKinsey forecasts 65% will be due to increased agricultural output, 25% from water-intensive industries and the remaining 10% from municipalities. Boston CG stat – According to a 2010 study by the Boston Consulting Group (cited in Deloitte ’s report, “Water tight 2012”), the total cumulative investment required to meet urgent water needs globally is $35 trillion to $40 trillion. Of that, BCG says $16 trillion needs to be spent between now and 2030. Consultant Booz Allen Hamilton, in a separate reports, says the cost by 2030 will be $22 trillion.
  • Transcript

    • 1. Healthy Waters,A Prosperous Future Nicholas ParkerChair, Blue Economy Initiative Canadian Water Summit June 28, 2012 Calgary, Alberta 1
    • 2. BOTTOM LINEWe need to radically rethink and change the way we approach water issues 2
    • 3. RETHINKIt’s time to challenge the status quo: What is the impact and opportunity of the looming global water scarcity? How do we surface, understand and address the value of embedded water? Is there a new water management paradigm emerging, such as where treatment is distributed and profitable? What’s the best way to develop and deploy exportable excellence? 3
    • 4. WHO WE AREPartnership initiative: Centre of Excellence for Canadian water research Leading financial institution and supporter of water issues globally Philanthropic leader in support of innovative water policy 4
    • 5. WHY – OUR OPPORTUNITIES Challenge to explain water scarcity here at home. Water issues go beyond Canada’s borders. Canada can be of global service. Opportunities Bring innovative technologies to market Enable smart decisions via information technology Upgrade infrastructure, rethink future needs (low impact, efficient) Enhance water productivity, close loop on industrial systems 5
    • 6. HOW – OUR PURPOSE Change the dialogue by buildingthe economic case for sustainability and innovation Catalyze well-informed decisions, policies, practices & initiativesCapitalize on strengths & opportunities, inspiring local and national action 6
    • 7. HOW – OUR PATHA. Convey Content (via feature reports)3. Scoping info gaps in valuing water4. Global scan, Canadian context5. Investing in innovative water infrastructure6. Virtual water approach7. Accounting for water valuesB. ConveneC. Catalyze 7
    • 8. HOW – 1ST FEATURE REPORT Running through Our Fingers:How Canada fails to capture the value of its top asset By Renzetti, Dupont & Wood Nov 2011 Two of Canada’s best environmental economists and an award-winning journalist revisited economist Andrew Muller’s 1985 analysis to articulate the value of water’s contribution to the Canadian economy. 8
    • 9. 1ST FEATURE REPORT – KEY POINTS Water contributes est $8-23B to Canada’s economy Reality is we do not know. - Poor understanding of range of values provided by water - Inadequate reporting, lack info to make good decisions Meanwhile, we are missing the bus. - Our competitors are improving their decision-making, and creating solutions to address the global water crisis 9
    • 10. 2nd in Series: Work in ProgressGlobal Context, Canada’s Role Water fuels global economy, lifeblood of ecosystems Growing gap between water supply & demand - 1 billion people lack access to drinking water (UN 2012) - 2.7 billion confront severe scarcity at least one mon/yr (Plos One) - 40-50% higher global water demand by 2030 (McKinsey) - $35-$40 trillion needed for urgent water infra needs (Boston CG) Canada must tap into its strengths/opportunities to take lead role in water stewardship and technology 10
    • 11. VISION Canada supports a prosperous futureas a global leader in water stewardship 11
    • 12. COLLABORATIVE EFFORT Cannot do it alone… Invitation to all those involved in pioneering a blue economy… we need to work to together and grasp the opportunities. 12
    • 13. CONTACT INFOwww.blue-economy.ca General Inquiries: info@blue-economy.ca Lois Corbett, Manager lois.corbett@rogers.com Korice Moir, Coordinator korice@blue-economy.ca Twitter: @BlueEconomyca 13