Water UK is highlighting its support for the United Nations Framework Convention on Climate Change Race to Zero Breakthrough challenge for water which launched at the World Economic Forum’s Davos Agenda this week.
The “Race to Zero Breakthroughs” have been published in a special paper, setting out the specific, near-term tipping points for more than 20 economic sectors in a masterplan around which business, governments, and civil society can unite ahead of COP26.
The water challenge seeks to mobilise major water companies responsible for 20% of global water supply with the aim of delivering the full decarbonisation of water and wastewater services in 20 countries by 2030.
- Breakthrough Ambition - Major water and wastewater utilities responsible for 20% of global water supply
- Breakthrough Outcome - Full decarbonisation of water and wastewater services, in 20 countries, by 2030
- Sector goal - 100% of countries by 2050
UNFCC is highlighting that breakthroughs happen when different actors – across a sector – move in synchronisation to support the transition- the key actors fall into 5 groups:
- Supply-side companies e.g. manufacturers, producers, supply chains
- Demand-side companies e.g. retailers, service providers, distributors
- Finance actors e.g. investors, asset managers, asset owners, banks, public funds
- Policy makers e.g. countries, cities, states, regions
- Civil society e.g. customers, voters, universities, sports teams, local organizations
Earlier this month, Water UK was the first industry trade body to be made an official partner to the Race to Zero campaign, having published the world’s first comprehensive Routemap to achieve net zero by 2030 on an industry-wide basis.
Christine McGourty, Water UK Chief Executive said:
“The Race to Zero is one that will require commitment, collaboration, and innovation. We’re incredibly proud to be the first water industry to commit to achieving net zero emissions by 2030, and call on colleagues around the world to join us in delivering the breakthroughs we need to achieve in our race to a healthy, resilient, zero-carbon future.”
Click here to download the UNFCCC Race to Zero briefing paper
Click here for more information about Water UK's Net Zero 2030 Routemap