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His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, at present witnessed the announcement of a partnership between the Mohamed bin Zayed Water Initiative and XPRIZE, with an funding of $150 million to launch the XPRIZE Water Shortage competitors, which has a complete prize purse of $119 million.
The five-year international competitors goals to encourage innovators world wide to deal with reworking the reliability, affordability and sustainability of water desalination applied sciences.
The Mohamed bin Zayed Water Initiative is devoted to elevating the significance of water shortage on the worldwide agenda and accelerating the event, testing and deployment at scale of transformative and sustainable technological options to handle the threats it poses to folks, companies and communities worldwide. Working with its companions, the initiative seeks to harness the ability of focused funding, accelerated technological innovation and expanded worldwide cooperation to handle this worsening problem.
Commenting on the launch of the Mohamed bin Zayed Water Initiative and XPRIZE partnership announcement, His Highness Sheikh Abdullah bin Zayed Al Nahyan, Chairman of the Mohamed bin Zayed Water Initiative, mentioned, “The options that presently exist to handle the water shortage disaster should not enough to stop a variety of unacceptable eventualities from occurring. New options are subsequently urgently required, and the Mohamed bin Zayed Water Initiative is dedicated to collaborating with stakeholders from world wide to uncover these new concepts, to show their viability, and to carry them to fruition as effectively as potential.”
The partnership announcement ceremony, which passed off on the historic Niqa Bin Ateej Water Tank, was attended by H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Workplace of Improvement and Martyrs Households Affairs on the Presidential Court docket; Sheikh Mohammed bin Hamad bin Tahnoun Al Nahyan, Advisor for Particular Affairs on the Presidential Court docket; Dr. Sultan bin Ahmed Al Jaber, Minister of Business and Superior Expertise; Mohamed Hassan Alsuwaidi, Minister of Funding; Khaldoon Khalifa Al Mubarak, Chairman of the Govt Affairs Authority and Member of the Govt Council, and a variety of sheikhs, ministers and senior officers.
International water shortage is a quickly rising drawback impacting folks and communities world wide. Research have proven that as many as 4 billion folks expertise water shortage for at the least one month per yr. The drivers of accelerating water shortage are various and embody inhabitants development and demographic change, infrastructure and governance challenges, in addition to environmental air pollution and local weather change. With out efficient motion, international water shortage is projected to have an array of devastating penalties, together with lack of life and humanitarian crises, meals insecurity, mass migration, geopolitical instability, and probably even armed battle over water. Governments, the personal sector, researchers, entrepreneurs, philanthropists, worldwide organisations, and people all have a vital position to play in overcoming the far-reaching penalties of water shortage.
The institution of the Mohamed bin Zayed Water Initiative is a part of a wider UAE-led effort to handle international water shortage, which included the publication of an in depth dialogue paper on the topic in September 2023, entitled “Ripple Impact: Water Shortage – The Hidden Risk to International Safety and Prosperity.”
The dialogue paper, which stays out there for obtain from the UAE Ministry of Overseas Affairs, is a world name to motion for a extra decisive and coordinated worldwide response to this worsening situation.
Peter H. Diamandis, MD, Founder and Govt Chairman of the Board, XPRIZE, mentioned, “XPRIZE Water Shortage is a world name to scientists, engineers and entrepreneurs to transform water shortage into water abundance by utilizing converging exponential applied sciences to handle this vital international want. XPRIZE Water Shortage, our largest competitors so far, is a primary of its variety centered on creating new desalination options to unlock Earth’s ocean water to wash water for all, in an equitable and sustainable style.”
The partnership with the XPRIZE Basis – a world chief in designing, launching and implementing large-scale competitions to handle probably the most urgent challenges dealing with humanity – goals to spur innovation by incentivising crowd-sourced, scientifically viable options to create a extra equitable and considerable future for all.
Additional info on the Mohamed bin Zayed Water Initiative will be discovered at www.mbzwi.ae.
Extra info on the XPRIZE Water Shortage competitors, together with the total prize phrases, is on the market at www.xprize.org/water.
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