The private sector also has a significant opportunity to have a positive impact on water availability and accessibility: 150 of the world’s biggest companies have the potential to influence one-third of global freshwater use. Launched earlier this year, the Water Resilience Coalition is an initiative of the United Nations Global Compact CEO Water Mandate. Founded by seven companies, including Microsoft, the coalition has since grown to 16 industry-leading corporations, all of whom have pledged to work collectively on water issues. We are working together to identify priority basins for collective action and to set targets for improving conditions in those basins. As part of our water goals, we will partner with Water Resilience Coalition members to co-invest in availability, accessibility and quality projects in water-stressed basins and we will actively recruit other companies to join us in this important coalition. Governments also play a fundamental role in ensuring the availability of safe, clean drinking water, maintaining and expanding water infrastructure, protecting critical water ecosystems, and responding to water crises. We will use our voice at the local, national and global levels on public policy that would increase water access and availability and improve quality. Improving Data in Water Stressed Areas: We can’t solve a problem that we don’t fully understand. Governments ought to develop more accurate and up-to-date assessment of ground and surface water levels and how they are changing over time. This data can help local stakeholders calculate and forecast demand and supply balances; track water quality; facilitate disaster prevention and early warning systems; and ultimately develop innovative solutions. We are encouraged to see the EU’s plans to create a Common European Green Deal data space, as part of the European Strategy for Data, that aims to harness the potential of environmental data to help achieve the EU’s ambitious climate objectives. To support such efforts, Microsoft will work with partners to deploy tools that provide better hydrologic data that enable enhanced water management. Upgrading Water Infrastructure: We need governments to invest in upgrading and expanding water infrastructure. This is critical to provide safe drinking water, treat storm and wastewater, manage water levels, and protect against climate impacts, particularly in the most vulnerable communities. These investments can also provide much needed job creation. National governments should look for opportunities to integrate water infrastructure into COVID-19 recovery packages and foster innovative solutions. We applaud the EU for including water-related green infrastructure in the InvestEU Programme as well as recent bipartisan effort by the U.S. Congress to consider reauthorization of critical water infrastructure funding. We will encourage national governments to prioritize these critical investments in the months and years ahead.https://blogs.microsoft.com/blog/2020/09/21/microsoft-will-replenish-more-water-than-it-consumes-by-2030/
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