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VERGE 23 Water Forum Slide Deck 23Oct23.pdf

The inaugural VERGE 23 Water Forum was an invitation-only, half-day gathering of leaders — from businesses, governments, investors, NGOs, solution providers and startups — focused on creating sustainable, resilient and equitable water systems. Participants were introduced to innovative technologies and services to achieve their global water commitments while ensuring beneficial outcomes for local communities and ecosystems.

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VERGE 23 Water Forum Slide Deck 23Oct23.pdf
Why are we here?
$58 trillion …
The estimated economic value of water and
freshwater ecosystems (WWF)
46% by 2050 …
The amount of global GDP that could come
from areas of high-water risk, up from 10%.
ANNA ESCUER
Head of Carbon &
Water, Global
Sustainability
Team
Google
WILL SARNI
CEO, Water
Foundry; General
Partner, Water
Foundry Ventures
ALEX MUNG
Global Director,
Water
Sustainabilty,
Anheuser-Busch
InBev
TODD REEVE
CEO
Bonneville
Environmental
Foundation
Water, It’s Complicated
Investments, Infrastructure
and Innovation: The EPA
Perspective on Water
RADHIKA FOX
Assistant Administrator, Office of Water,
U.S. Environmental Protection Agency
Ad

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VERGE 23 Water Forum Slide Deck 23Oct23.pdf

  • 2. Why are we here?
  • 3. $58 trillion … The estimated economic value of water and freshwater ecosystems (WWF)
  • 4. 46% by 2050 … The amount of global GDP that could come from areas of high-water risk, up from 10%.
  • 5. ANNA ESCUER Head of Carbon & Water, Global Sustainability Team Google WILL SARNI CEO, Water Foundry; General Partner, Water Foundry Ventures ALEX MUNG Global Director, Water Sustainabilty, Anheuser-Busch InBev TODD REEVE CEO Bonneville Environmental Foundation Water, It’s Complicated
  • 6. Investments, Infrastructure and Innovation: The EPA Perspective on Water RADHIKA FOX Assistant Administrator, Office of Water, U.S. Environmental Protection Agency
  • 7. Hybrid Water Systems: Pioneering the Future of Water NEWSHA AJAMI Chief Strategy and Development Officer for Research Lawrence Berkeley National Laboratory
  • 8. Hybrid Water Systems: Charting the Path to the Water Sector’s Future Newsha Ajami, PhD Chief Development Officer for Research Earth and Environmental Science Area Lawrence Berkeley National Lab October 23, 2023
  • 9. Water Reliability Equation Water demand = Water supply [groundwater+ surface water+ alternative water supplies (e.g. desal, recycling)]
  • 10. Utility The 20th century water infrastructure model: a linear/ once-through system Wastewater Treatment Plant Water Source
  • 11. 12 The 20th Century Approach to Achieving Water Reliability: Supply-Side • Once through systems • Based on • water abundance • hydrologic stationarity • Steady and perpetual demand growth
  • 12. Transitioning to the 21st Century Infrastructure Model Requires Fresh Thinking 13
  • 13. The 21st century hybrid urban water infrastructure model: distributed solutions at various scales 14 Green Infrastructure and Nature Based Solutions Conjunctive Use Water Reuse at Every Scale Demand Management Brakishwater Desal Smart Water Systems and Digital Tools • Flexibility • Resiliency • Reliability Behind the Meter = Changing Demand Baseline Front of the Meter = Diversifying Supply Portfolio
  • 15. 16 Microsoft Net-Zero Water campus In Silicon Valley
  • 16. Water Source Utility Wastewater Treatment Plant/Recyclin g plant The 21st century hybrid urban water infrastructure model: data centric, circular, and modular • Utility is not the only actor • Customer are also becoming water producers - prosumers • Data and information is key in managing this system Adriaens and Ajami, 2021
  • 17. The 21st century hybrid water infrastructur e model Where, when, and how much? A smart grid that can track distributed production and consumption patterns What is infrastructure? more than hard/physical infrastructure there is a need for a better set of soft infrastructure data, DSS tools, IT systems, smart meters What kind of performance measure do we need? Multi benefit and cross-sectoral What kind of business model? Circular, data-driven, and customer- centric What kind of policy and governance reforms are needed? Who is at the table?
  • 18. What You Need to Know About Tribal Water Rights DARYL VIGIL Water Administrator for the Jicarilla Apache Nation, Co-Facilitator, Water & Tribes Initiative
  • 19. Verge23 Daryl Vigil, Jicarilla Apache, Jemez Pueblo and Zia Pueblo Co-Facilitator Water & Tribes Initiative waterandtribes.org
  • 20. Water & Tribes Initiative • What it is • A collaborative partnership to advance two objectives: • Enhance tribal capacity • Advance sustainable water management through collaboration • A resource to connect Tribes and other leaders, build understanding, and support collaborative action • What it is not • It is not an inter-tribal association • It does not speak on behalf of tribes, tribal associations, or any other organization or group • It is not a decision-making group
  • 21. Leadership Team & Staff Leland Begay, White Mountain Apache Tribe Lorelei Cloud, Southern Ute Tribe Jason Hauter, Gila River Indian Community Nora McDowell Fort Mojave Indian Tribe Crystal Tulley-Cordova, Navajo Nation Alice Walker, Kaibab Band of Paiutes Jay Weiner, Quechan Tribe Peter Culp, Culp & Kelly Celene Hawkins, The Nature Conservancy Becky Mitchell, Colorado Water Conservation Board Andy Mueller, Colorado Water District Colby Pellegrino, Southern Nevada Water Authority Jason Robison University of Wyoming Garrit Voggesser National Wildlife Federation John Weisheit, Living Rivers EX-OFFICIO MEMBERS Maria Dadgar, Inter Tribal Council of Arizona Sharon Megdal, University of Arizona John Shepard, Sonoran Institute BACKBONE SUPPORT TEAM Nina Gruber Alisa Heinitz Anne Kalmer-Cainion Matt McKinney Matt Moseley Pat Page Heather Tanana Daryl Vigil
  • 23. Colorado River Basin Two countries Seven states 30 Tribal Sovereigns 40 million people Governed by 1922 Colorado River Compact Currently facing the driest period in history Currently revising basic management plan
  • 25. First basinwide assessment Platform to link tribes and partners based on tribal needs & interests Need for long-term commitment and investment
  • 26. NETWORKING BREAK When we return... 2:05 pm - 2:30 pm Corporate Water Strategies and Targets 2:30 pm - 3:50 pm Breakout Group Activity & Report Out 3:50 pm - 4:00 pm Reflection and Closing 4:00 pm - 6:00 pm Reception
  • 27. From Theory to Practice Scenario A – Semiconductors Scenario B - Agriculture
  • 28. Corporate Water Strategies WILL SARNI CEO, Water Foundry General Partner, Water Foundry Ventures
  • 29. CORPORATE WATER STRATEGIES Will Sarni CEO, Water Foundry Founder and General Partner, Water Foundry Ventures October 24, 2023
  • 30. How do companies with ambitious growth strategies secure the water they need to fuel business growth in a world where paying more for water will not work? 31 © 2023 WATER FOUNDRY VENTURES, CONFIDENTIAL, NOT FOR DISTRIBUTION
  • 31. © 2023 WATER FOUNDRY VENTURES, CONFIDENTIAL, NOT FOR DISTRIBUTION Physical Regulatory Reputational Financial Impact Product Use Operations Supply Chain Corporate Value Chain Water Risks 32
  • 32. © 2023 WATER FOUNDRY VENTURES, CONFIDENTIAL, NOT FOR DISTRIBUTION WWF: Water Stewardship Framework 33 INFLUENCE GOVERNANCE Governments incentivized and motivated to manage and invest in water basins in a sustainable way. WATER AWARENESS Companies, their suppliers and customers have (high level) understanding of the global water challenges, and their dependence on high level of freshwater. COLLECTIVE ACTION Companies, communities, public sector and NGOs are engaged together in collective action to address issues. INTERNAL ACTION Companies take action to optimize internal water governance, improve water efficiency and reduce pollution. KNOWLEDGE OF IMPACT Companies have detailed understanding of the impact they and their suppliers have (including footprint and risk). Figure 1: The WWF Water Stewardship Ladder (2013) 1 2 3 4 5
  • 33. © 2023 WATER FOUNDRY VENTURES, CONFIDENTIAL, NOT FOR DISTRIBUTION Moving Beyond NGOs and Academic Institutions Who Solves Wicked Water Problems? SIZE & SCALE SPEED & FOCUS ADAPTED FROM T. HIGLEY, 10.10.10 FOUNDERS, LLC 2017 CIVIL SOCIETY PRIVATE SECTOR NGOs ENTREPRENEURS UTILITIES ACADEMIC INVESTORS 34 PUBLIC SECTOR “Corporates and Entrepreneurs: An Unlikely Pairing in Solving for a Sustainable Future” – Andre Fourie, VP Sustainability and Urvashi Banerjea, Global Manager: Entrepreneurship at AB InBev
  • 34. © 2023 WATER FOUNDRY VENTURES, CONFIDENTIAL, NOT FOR DISTRIBUTION Water Stewardship Maturity Model Management, Stewardship and Strategy 35 Business Value Impact COST MINIMIZATION Environmental focus Water conservation RISK MANAGEMENT Social License to OperatePledges BUSINESS GROWTH Proactively fuels business growth and brand value Water Management Compliance Water efficiency Watershed action Value chain Stakeholder engagement Innovation (tech, business models, public policy, partnerships) & Investment Replenish and Net Positive Watershed Health Water Strategy Water Stewardship “FOOTPRINT” “HANDPRINT”
  • 36. Pioneering freshwater science- based targets to advance corporate water stewardship ALLEN TOWNSEND Senior Program Officer, Freshwater Metrics & Stewardship WWF
  • 37. SCIENCE-DRIVEN BUSINESS-FOCUSED Pioneering freshwater science-based targets to advance corporate water stewardship 23 October 2023 VERGE 23 Water Forum, San Jose, California Allen Townsend, Co-Lead, SBTN Freshwater Hub, WWF
  • 38. AN INTEGRATED APPROACH TO NATURE ACTION SBTN enables companies to take the right actions in the right places at the right time to do their part to halt and reverse nature loss by 2030 Reducing carbon emissions Preserving freshwater resources and water security Supporting biodiversity and ecosystem services Preserving and regenerating land systems Securing healthy, diverse oceans 5 key action areas
  • 39. 40 FIRST RELEASE OF SBTs FOR NATURE
  • 40. 41 STEP 3: MEASURE, SET & DISCLOSE CALCULATING BASELINES AND SETTING TARGETS 1a. Materiality screening 1b. Pressure assessment 2a. Target boundary 2b. Prioritization Measuring baselines and target setting 3 . Measure, set & disclose Targets Assess Interpret & prioritize For my priority areas, what is the baseline to use as reference for my targets? What target should I set for each priority location?
  • 42. Water quantity Water quality Value Chain Scope Biodiversity & Ecosystems Future projections Surface water flows Groundwater levels (Local) Nutrient pollution Upstream Direct Operations For future development Groundwater levels (global models) Toxic chemicals Other water quality parameters Freshwater biodiversity Conversion of freshwater Ecosystems Consideration of forward-looking scenarios For Public Consultation Downstream STEP 3: TARGET SETTING- SCOPE
  • 43. STEP 3 FRESHWATER: FOUR PHASES OF TARGET-SETTING PROCESS 1 2 3 4 5
  • 44. • Water Quantity • “Company X will reduce its water withdrawals in the _ Basin to _ ML/y by the year _.” STEP 3: TARGET SETTING- EXAMPLE TARGETS • Water Quality • “Company X will reduce its nutrient load in the _ Basin to _ kg P (or N)/y by the year _.”
  • 45. Technical Support Pilot Companies (2021-2022) Philanthropic Support SBTN FRESHWATER HUB Piloting Technical Support (2021-2022)
  • 47. The Colorado River JAMES EKLUND Member/Partner Sherman & Howard/ Norse Sky Ranch
  • 48. 49
  • 50. 51
  • 53. Colorado River Basin 243,000 miles2 40 million people 5th largest economy National food security 20 years of aridification 50 years of rapid growth 100-year-old Law of the River 7.5 maf 7.5 maf 1.5 maf Mead Powell
  • 57. GROUP ACTIVITY Scenario A – Semiconductors Scenario B - Agriculture
  • 58. GROUP ACTIVITY 1. Sit at a table with either Scenario A or B 2. Assign group roles – facilitator, timekeeper, notetakers, speaker 3. Work through the discussion questions 4. Post your answers
  • 59. REPORT OUT • What was surprising/new? • Who should be responsible for incentive programs and how will they scale? • How do you choose restoration projects? • Intersection of composting and water use? • How would these convos sound similar/different in a different location? • What came up at the nexus of climate, water, and biodiversity?