Water 2050

Innovation & Circular Economy

Water 2050
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Technology Think Tank Participants

Photography by Kingmond Young Photography and Video

Technology Think Tank Building

Photography by Kingmond Young Photography and Video

Technology Think Tank Speakers

Photography by Kingmond Young Photography and Video

Water 2050: Innovation & Circular Economy

The envisioned world of 2050 will include:

  • Financial and reinvestment strategies that ensures the water industry’s ability to provide continued and reliable service.
  • Water being valued in more than financial terms, going beyond pricing, recognizing water as a merit good and its power politically and socially, for a sustainable future.
  • Funding for water that is based on the full cost of the service, where ‘full cost pricing’ coupled with non-price methods (to ease the economic burden on low-income and disadvantaged communities, as with the SNAP or Affordable Connectivity Program) will be commonplace.

Recommended Actions

The short-term recommended actions for the Finance & Affordability Strategic Priority include:

  1. Rapidly identify and share financing and funding resources for resilient systems of the future.
  2. Establish a pricing model and set rates that covers all the costs of water service while advancing affordable access and recognition of the human need for water.
  3. Promote the integration of utility performance standards that support better technical, managerial, and financial practices and align utility sustainability plans and economic growth plans.
Video 2050 Technology
2050 Video

Technology Innovation for the Future of Water

In 2050, new drinking water, wastewater, and water supply challenges will demand advanced technologies. The water sector must innovate new solutions for water treatment, source water protection, water reuse, desalination, updating aging infrastructure, and much more.

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Water 2050 Think Tank Reports

Technology Think Tank:
The second think tank was held in December and focused on technology. Participants included representatives from the water and wastewater utility, manufacturing and consulting communities; innovation incubators, Silicon Valley thought leaders, privacy and cybersecurity experts, regulators and academics, CEOs and an agriculture research hydrologist.

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Technology Think Tank
Computer History Museum, Mountain View, California, December 2022

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Participants

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