SW Commits to $500 M for On-Site Water Reuse Systems

Published: 3/31/2016

Sustainable Water was invited to participate in the White House Water Summit on March 22^nd. In conjunction with World Water Day, the White House hosted the Water Summit to bring awareness to the nation’s crippling water stresses and highlight technological innovations in water management. At the summit, governmental, public, private and academic sectors came together in a collaborative effort to produce more than 150 commitments for the development of a sustainable and secure water future. Among these pledges is a commitment by Sustainable Water to deploy $500 million in capital to develop 50 eco-engineered commercial-scale water reclamation systems.

Sustainable Water’s commitment is designed to provide an immediate response to national water stresses. Additionally, this effort is anticipated to save 7.5 billion gallons of potable water annually in the next 10 years. Modeled after the WaterHub® at Emory University, this commitment is also designed to spur research and development related to distributed water management solutions, while providing a platform for community outreach.

Sustainable Water is offering to develop these on-site water reclamation systems across governmental, institutional and commercial market sectors through performance-based financing methods. This will allow Sustainable Water to build the systems, turn-key, without any capital costs from the end user.  Institutions or companies selected to participate will not only receive turn-key project development, but also full service facility operations at zero upfront capital expense.

Sustainable Water is seeking applicants from various industries to ensure a diverse array of market sector representation under this initiative. Commercial-scale projects will be selected for participation. Project acceptance will be limited to 10 projects per region (Northwest, Southwest, West, Southeast, and Midwest), and assessed based on the institutions commitment to a sustainable water future. To learn more about the application process, visit: http://sustainablewater.com/whitehousewatersummit/

The White House Water Summit followed the White House Round Table hosted in December, during which the White House called on the private sector to develop innovative new solutions related to water management. Just three months later, institutions and organizations nationwide pledged impactful commitments to help build a foundation for water security. The total commitments equate to:

• Nearly $4 billion in private capital committed to invest in water-infrastructure projects nationwide;
• More than $1 billion from the private sector over the next decade for new technology R&D;
• A Presidential Memorandum and supporting Action Plan to build long-term national drought resilience;
• Nearly $35 million this year in Federal grants to support cutting-edge water science; and,
• The release of a National Water Model that will enhance the Nation’s river-forecasting capabilities. [1]
  • A detailed list of all commitments can be found

For more information about Sustainable Water’s commitment, please visit: http://sustainablewater.com/whitehousewatersummit/

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