Today the White House is hosting a Water Summit to shine a spotlight on the importance of cross-cutting, creative solutions to solving current water problems as well as to highlight innovative strategies that will catalyze change in how we use, conserve, protect and think about water now and in the years to come. The Water Summit brings together public and private entities to consider some of the most significant water-related challenges. 150 external institutions are joining the Federal government in announcing new efforts and commitments to enhance the sustainability of water in the U.S. by managing our water resources and infrastructure for the long term.
Examples of these new developments include:
- Nearly $4B in private capital committed addressing water-related infrastructure;
- More than $1B from the private sector over the next decade to conduct R&D into new technologies;
- A Presidential Memorandum and supporting Action Plan on building national capabilities for long term drought resilience;
- Nearly $35M this year in Federal grants from EPA, NOAA, National Science Foundation and DOA supporting water science; and,
- The release of a new National Water Model to enhance river-forecasting capabilities.
Read the White House Fact Sheet for more breaking news about the Water Summit and new developments in recognition of World Water Day.