WHAT IS THE WATER ECONOMY?
Often referred to as the blue economy, the water economy is based on the foundational concept that water, a precious and limited resource, has significant economic value. Any business that utilizes water, utility that treats water, or organization that conserves water is a part of the global and interconnected water economy. Critical questions that affect our water economy hinge on how we value and use this resource. Cleveland Water Alliance is proud to support the growth and development of the local, regional, and global water economy.
From next generation water filtration membranes to IoT based water-quality sensors; From the latest autonomous underwater vehicle to satellites monitoring nutrients in our great lakes; From a ship on the open waters of Lake Erie to biomimicry-based tree wads stabilizing our shores; Each of these are unique examples of technologies and industries that are a part of the water economy.
Cleveland Water Alliance recognizes that solution-building across sectors and stakeholders is a critical starting point when addressing the value of water. As we look toward the needs of the future, our economy will demand the expertise of water innovation technology. Industries and communities alike will need creative, new solutions to manage, conserve and optimize their water resources.
We’re here to help facilitate connections and advance powerful solutions to crucial global water challenges.