Report Taps into Innovative Financing to Secure Future for Sustainable Water Infrastructure
February 2, 2012
Grantee News From American Rivers
Policy and funding changes needed to support efficiency, reliability and environmental upgrades for U.S. freshwater systems
January 26, 2012
RACINE, WI – Innovative financing and pricing flexibility are key to preparing the nation’s aging freshwater systems to handle growing demand and environmental challenges, according to a Charting New Waters report released today by The Johnson Foundation at Wingspread, American Rivers and Ceres.
The Financing Sustainable Water Infrastructure report, is the product of a meeting convened by The Johnson Foundation, in collaboration with American Rivers and Ceres, which brought together a group of experts to discuss ways to drive funding toward the infrastructure needed for the 21st century.
Largely built on systems developed during the 19th and early 20th centuries, U.S. water infrastructure faces profound problems of aging components, outdated technology and inflexible governance systems ill-equipped to handle current consumption, environmental and economic problems.
Presently, about 6 billion gallons of expensive, treated water is being lost in the U.S. each day due to leaky and aging pipes — some 14 percent of the nation’s daily water use. This pervasive water waste is underscored by the fact the American Society of Civil Engineers gives the nation’s water systems a D-, the lowest grade of any infrastructure including roads and bridges. More>
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