A new proposal by the European Commission has been presented to animate innovation in water related challenges by creating a European Innovation Partnership (EIP) on Water.
The partnership will bring together all relevant actors across borders and sectors, such as the water one, small and medium sized enterprises, the research community, local governments, water-using industries, and the financial sector to accelerate the development and uptake of innovative solutions to water challenges.
A strategic implementation plan will be developed with key stakeholders to define the priority areas for action. The EIP on Water will seek to align the activities and outcomes of existing European, national and regional activities.
Environment Commissioner Janez Potočnik said: “The European Innovation Partnership on Water will help ensure that we can continue to provide safe, available and affordable water for all, while simultaneously aiming to position Europe as a world leader in water technology and services.”
The partnership will center on removing barriers to innovation and connecting the supply and demand sides of water related innovations.
The activities of the EIP on Water will be structured around challenges in the areas of urban water management, rural water management and industrial water management, as well as addressing cross cutting themes.
The EIP on water is expected be fully operational in early 2013 and to start delivering first results within one year.
Recently during the last UN Conference on Sustainable Development (Rio +20) governments and companies made 692 individual pledges totalling $ 513billion (€ 407 billion) of investment in projects aimed at boosting sustainable resource management such as water.