May 25, 2011
Source: Syngenta
The 2030 Water Resources Group launched "Charting our Water Future", an in-depth report into the increasingly critical issue of water resource scarcity. The group, consisting of a select few organizations, including Syngenta, joined in Washington D.C. to officially present the year-long report. The report shows that water scarcity can be mitigated affordably and sustainably through cost-effective measures using existing technologies.
Mike Mack, Syngenta CEO, joined the 2030 Water Resources Group, to launch the 195 page study "Charting our Water Future" and represent Syngenta's involvement and contribution to the project. The study focuses on how, by 2030, competing demands for scarce water resources can be met and sustained.
"The report shows that water scarcity can be mitigated affordably and sustainably through cost-effective measures using existing technologies," said the 2030 Water Resources Group today in Washington D.C. "At the basis of the report lies an analysis conducted in four countries with drastically different water issues, which will collectively account for 40 percent of the world's population, 30 percent of global GDP and 42 percent of projected water demand in 2030: China, India, South Africa and Brazil (São Paulo state). The report's methodology identifies supply- and demand-side measures that could constitute a more cost effective approach to closing the water resources gap in each country and even achieve savings in some sectors."
"The findings of this report demonstrate several opportunities in the agricultural industry that can be implemented today at low cost and with very little investment to help achieve the report's outcome. Not using these agricultural levers would on balance make efficient use of water much more costly. To better manage the competing demands for water, agricultural policies will have to give water-efficient technology the highest priority," said Mike Mack.
Formed in 2008, the 2030 Water Resources Group set out to create an integrated fact base on the potential technical levelers and costs for reducing water scarcity. The overarching goal was to advance solutions-driven dialogue among stakeholders. Syngenta, with other member companies, formed the consortium following the 2008 World Economic Forum. The significant knowledge on water and agriculture, provided by Syngenta, was instrumental to the assessment and the final product. The members of the consortium are McKinsey & Company (project leaders), the International Finance Corporate (IFC) (key instigator), Nestlé SA, SABMiller, The Coca-Cola Company, Barilla Group, New Holland Agriculture, Standard Charter Bank, and Syngenta.
- Press release
- Charting our Water Future
- Executive Summary
- Full Report
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