Challenge Launched to Address Global Urban Drinking Water Scarcity
In a partnership with Imagine H2O, Bluewater and 11th Hour Racing today launched the 2018 Urban Drinking Water Scarcity Challenge, a competition designed to address global urban drinking water scarcity.
Beginning in April, entrepreneurs developing promising solutions related to Alternative Supply, Distributed Access and Delivery, and Ecosystem Health are invited to apply. Winners will be honored at a special Stockholm Water Week event in August.
The program, launched under the Imagine H2O’s Global Water Accelerator Program, will have a financial commitment up to $1 million in deployment awards and potential follow-on investment. Additionally, the 2018 Urban Drinking Water Scarcity Challenge will fully align with U.N. Sustainable Development Goal 6, which stimulates global action toward the availability and sustainable management of water and sanitation for all.
According to the UN, by 2030, a 40% shortfall in global water supply is projected, while urban water demand is set to increase by 55% over the same period.
“The Challenge is designed to create direct and scalable impact for water-scarce cities and at-risk communities, inspire community awareness and public action, promote the role of innovation and entrepreneurship, and facilitate the deployment of real solutions to a real problem,” said Anders Jacobson, President of Bluewater.
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