World Economic Forum and the Water Resilience Coalition |
Pacific Institute leaders were on scene at the World Economic Forum Annual Meeting in Davos, Switzerland, this week to advance global corporate action on water resilience. The CEO-led Water Resilience Coalition announced its ambitious strategy to improve water resilience in 100 water-stressed basins by 2030.
The Water Resilience Coalition is an initiative of the CEO Water Mandate, a partnership between the Pacific Institute and the UN Global Compact. The Water Resilience Coalition unites 27 companies with US$3.5 trillion in market capitalization with the goal of raising the profile of water on corporate agendas and preserving the world’s freshwater resources through collective action within the context of climate change.
During the CEO Circle meeting, Jason Morrison, Pacific Institute President and Head of the CEO Water Mandate, joined Sanda Ojiambo, Assistant Secretary-General and CEO of the UN Global Compact, to meet with business leaders from 3M, Cargill, Diageo, Ecolab, Gap Inc., Microsoft, and Starbucks, as well as leaders of Coalition partner Water.org,
The strategy announced sets to achieve quantifiable positive water impact in 100 water-stressed basins, contribute to water security for 3 billion people, and enable equitable access to water, sanitation, and hygiene (WASH) for more than 300 million people by 2030.
The Coalition’s work leverages the power of collective action to advance the ambition of Net Positive Water Impact (NPWI). NPWI is a global framework for quantifying how companies ensure their contributions exceed their impacts on water stress in the same region. Achieving NPWI contributes to reducing water stress measured through water availability, water quality, and water accessibility.
Nearly quadrupling membership in the past 2 years, the Coalition looks to expand to 150 companies by 2030. To learn more about the WRC, click here.
Photo from left to right: Judson Althoff, Microsoft Executive Vice President and CCO. Sanjeev Chadha, Pacific Institute Board Vice-Chair. Christophe Beck, Ecolab Chairman and CEO. Sanda Ojiambo, UN Assistant Secretary-General and Global Compact CEO. Brad Smith, Microsoft President. Brian Sikes, Cargill COO. Jason Morrison, Pacific Institute President and Head CEO Water Mandate.
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Did you miss the Salton Sea Summit in April? The multi-disciplinary conference, organized by the Pacific Institute and the University of California, Riverside, School of Public Policy, covered a range of topics, including the Salton Sea’s hydrology, ecology, local projects, policy, and financing. The conference promoted the exchange of ideas and the development of new partnerships.
Pacific Institute Senior Researcher Michael Cohen, an expert on the Salton Sea, was a guest presenter at this year’s conference. Learn more by watching these videos from the event.
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The Pacific Institute hosted a webinar this month focused on Salton Sea water quality. As the Salton Sea recedes, water quality continues to change, affecting fish and invertebrates and the design and function of habitat projects atop the lakebed. A panel of experts spoke on nutrient loadings in the Sea's major tributaries, changes in nutrient concentrations in the Sea itself, the sulfur cycle and trace metals in the Sea, and the role of the local water quality regulator.
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Drought Solutions in California and Beyond |
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As illustrated in this related infographic, organizations like Monterey One Water, Fresno Metropolitan Flood Control District, San Francisco's Moscone Convention Center, City of Long Beach, San Francisco Public Utilities Commission, and Metropolitan Water District of Southern California have already found success in implementing these drought-combatting solutions.
See the full infographic, here.
Read the full report, here.
Watch the full briefing, here.
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California Water Action Collaborative Spring Meeting |
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Pacific Institute Director of Research - Heather Cooley - and Senior Researcher - Cora Kammeyer - will be presenting at the California Water Action Collaborative Spring Meeting on June 9 and June 10. They will be discussing project updates, both new and current, from 2022 and strategies for tapping local water supplies to achieve water resilience in Southern California.
Learn more about the California Water Action Collaborative, here.
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Pacific Institute in the News |
AP News: EXPLAINER: How cities in the West have water amid drought
Forbes: Water Emerges As Weapon of War In Ukraine And Beyond
KPFA: How California's cities can adapt to drought
Los Angeles Times: California's water conservation has been a bust so far. Will drought restrictions work?
Los Angeles Times: To survive drought, parts of SoCal must cut water use by 35%. The new limit: 80 gallons a day
Water Education Foundation: As drought shrinks the Colorado River, a social giant seeks help from river partners to fortify its local supply
Yahoo Finance: Leading CEOs launch Global Water Resilience Strategy to span 100 Water-Stressed Basins by 2030
Read more news featuring Pacific Institute research and experts here.
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Help create and advance solutions to the world’s most pressing water challenges. |
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