ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

The Future of Water Is Now

By: 3BL Media

SOURCE: WSP

SUMMARY:

In more than one way, Asia is at the forefront of a changing climate – declining water quality, rising sea levels and adverse weather patterns causing persistent dry spells or flash floods with devastating consequences are among the many challenges posed by climate change. How are we helping our clients and partners mitigate these? 

DESCRIPTION:

Water, a precious commodity, is increasingly scarce as shifting demographics and operational efficacy are leading concerns for the global water sector. This is further amplified by the unpredictable effect of climate change. Demand for water continues to rise as populations around the world grow, as with urbanisation, dietary and lifestyle changes accelerating the increasing demand for water1.

In the same vein, maintaining resilient and sustainable water supply have become great concern to metropolises. Local agencies in our region are prioritising effective water resource management and seeking sustainable solutions. Driven by global talent and dedicated to our local communities, WSP is well-positioned to help our clients address these challenges and capture opportunities that come from managing climate change effectively. 

Declining water quality has grown to be a concern of late. It can increase the cost of providing water by utilities, reduce the volume of water available for use, and affect human health. We understand that a continuous supply of clean, safe water is of fundamental importance to the wellbeing of local communities. For example, working closely with the Hong Kong government’s Water Supplies Department, we explore the use of granular activated carbon (GAC) in water treatment plans to address the low concentration levels of contaminants, as well as taste and odour issues in water sources. 

We also recognise that the long-term impact of climate change is unpredictable, and many believe it to worsen water scarcity, watershed planning and make aging water infrastructure even more susceptible to extreme water conditions. Consequently, the degree of risk that climate change poses is expected to make water cycle, infrastructure and demand management even more complex and costly. 

In recent years, we are seeing persistent and prolonged dry and warmer weather, leading to an increased demand for water. As such, local authorities in the region are seeking new and sustainable solutions to support this demand. For instance, Singapore launched its fifth NEWater plant in 2017 and a sixth will be built atop the upcoming Tuas Water Reclamation Plant, co-located with the city’s future Integrated Waste Management facility. This will further advance water supply resilience and security.

Desalination plants, a weather-resilient water source, can also help cities better cope with impact of climate change. Leveraging on reverse osmosis technology, a seawater desalination plant in Tseung Kwan O, Hong Kong, will be the first-of-its-kind in the city to offer an alternative source of fresh water when operation commenced in 2023. 

Other inclement weather patterns that produce flash foods with devastating consequences on human life, businesses and infrastructure are among the many impacts of climate change. Today, governments are beginning to incorporate water-related risks into their strategies as the world prepares more adaptable and resilient water systems to monitor and predict shifts in conditions.

In 2020, Chongqing, the municipality in Southwest China has seen some of its worst floods in four decades. To help the municipal government better alleviate flood disaster consequences, we are carrying out analyses of existing infrastructure and emergency plans using hydrological and hydrodynamic models to develop a computer-aided flood disaster risk management system for improvement and risk mitigation works in four counties, namely, Tongnan, Rongchang, Shizhu and Pengshui.

In addition, sustainable management techniques were implemented to protect water cycles and reduce the impact of human activity on them. We supported the execution through our Integrated Flood and Environmental Risk Management approach, comprising flood management and water pollution control systems, improved ecological conservation measures, and flood and environment risk management capacity enhancement. 

While we have and are still providing solutions to help governments prepare for what is to come, we recognise that the future of water is now: analyzing trends, and leveraging on technologies and digital tools such as info-communications technology, computer modelling, digital twins and Sponge City concepts. We can act today to automate processes, predict future trends and maintain water cycle and assets, to provide tailored, optimal results to help our region emerge as a front-runner in one of the most significant challenges confronting the world.

https://unesdoc.unesco.org/ark:/48223/pf0000372985/PDF/372985eng.pdf.multi

Tweet me: The Future of Water Is Now: In more than one way, Asia is at the forefront of a changing climate with declining water quality, rising sea levels & adverse weather patterns. Learn how @WSP is helping its clients manage climate change effectively: https://bit.ly/3ymev6M

KEYWORDS: TSX:WSP, WSP, Asia, climate change, desalinization, water treatment, drought, flood, water scarcity

  

Recent Quotes

View More
Symbol Price Change (%)
AMZN  236.65
+0.00 (0.00%)
AAPL  259.96
+0.00 (0.00%)
AMD  223.60
+0.00 (0.00%)
BAC  52.48
+0.00 (0.00%)
GOOG  336.31
+0.00 (0.00%)
META  615.52
+0.00 (0.00%)
MSFT  459.38
+0.00 (0.00%)
NVDA  183.16
+0.02 (0.01%)
ORCL  193.61
+0.00 (0.00%)
TSLA  439.20
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.