Recently, National Association of Water Companies (NAWC) in partnership with U.S. Chamber of Commerce announced the launch of its water infrastructure campaign Water Is Your Business. The goal of the campaign is to increase dialogue around the growing water infrastructure challenges that we face, build factual awareness among communities, and amplify the discussion around finding innovative solutions to address this challenge.
According to experts, 45% of all water and sewage pipes in the United States will be considered “poor”, “very poor” or “life elapsed” by 2020. Damaged and crumbling pipes is the biggest cause of the estimated seven billion gallons of water lost as a result of leakage every day. U.S. water mains are breaking at an astounding rate of 650 per day. It’s no surprise that the American Society of Civil Engineers rated our water system “D”. The U.S. Environmental Protection Agency (EPA) estimates that repairing, replacing, and upgrading aging water and wastewater infrastructure will cost local governments more than $600 billion over the next 20 years. Unless we address and invest in the water infrastructure issues immediately, ignoring the problem will have huge implications on not only public health but also our nation’s economy.
United Water’s SOLUTION:Investing in America’s Water℠ is an award-winning partnership model that attracts new long-term capital from private equity partners to fund infrastructure upgrades and improve operating efficiencies, helping cities meet the growing demand for improved water quality and environmental standards.
In order to be prepared to meet America’s water needs, we need elevate the dialogue on water infrastructure challenges on a national level, among all stakeholders – local communities, municipalities, regulators, industry experts, trade organizations and service providers.
As Janet Kavinoky, executive director of Transportation and Infrastructure, U.S. Chamber of Commerce said in her statement at the launch of Water Is Your Business campaign: “No business can be started or maintained without a safe and reliable water supply, but our infrastructure — once a marvel of the modern world — has been stretched beyond its capacity and has fallen into disrepair. By modernizing our national water infrastructure, we can improve commercial efficiency, increase U.S. competitiveness in the global economy, and create much-needed jobs in the near term.”