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Healthy Waters,
A Prosperous Future

              Nicholas Parker
Chair, Blue Economy Initiative


           Canadian Water Summit
                    June 28, 2012
                  Calgary, Alberta
                                     1
BOTTOM LINE




We need to radically rethink and change
  the way we approach water issues




                                          2
RETHINK

It’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
WHO WE ARE

Partnership 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
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
HOW – OUR PURPOSE

        Change the dialogue by building
the economic case for sustainability and innovation


        Catalyze well-informed decisions,
          policies, practices & initiatives


Capitalize on strengths & opportunities, inspiring
            local and national action
                                                      6
HOW – OUR PATH

A. Convey Content (via feature reports)
3. Scoping info gaps in valuing water
4. Global scan, Canadian context
5. Investing in innovative water infrastructure
6. Virtual water approach
7. Accounting for water values
B. Convene
C. Catalyze

                                                  7
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
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
2nd in Series: Work in Progress

Global 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
VISION



 Canada supports a prosperous future
as a global leader in water stewardship




                                          11
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
CONTACT INFO


www.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

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Nicholas Parker - BEI

  • 1. Healthy Waters, A Prosperous Future Nicholas Parker Chair, Blue Economy Initiative Canadian Water Summit June 28, 2012 Calgary, Alberta 1
  • 2. BOTTOM LINE We need to radically rethink and change the way we approach water issues 2
  • 3. RETHINK It’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 ARE Partnership 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 building the economic case for sustainability and innovation Catalyze well-informed decisions, policies, practices & initiatives Capitalize on strengths & opportunities, inspiring local and national action 6
  • 7. HOW – OUR PATH A. Convey Content (via feature reports) 3. Scoping info gaps in valuing water 4. Global scan, Canadian context 5. Investing in innovative water infrastructure 6. Virtual water approach 7. Accounting for water values B. Convene C. 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 Progress Global 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 future as 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 INFO www.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

Editor's Notes

  1. 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.