GreenCape's Water Sector Market Intelligence Report highlights business opportunities for water in the green economy in the Western Cape. It targets investors and entrepreneurs interested in the business of water, and seeks to promote the Western Cape as the leading place to do business in the green economy.
The biggest drivers behind the uptake of green water technologies and practices in South African are rising water resource and utility costs; growing resource scarcity (intensified by environmental change); increased business risks and compliance requirements; and increasing consumer demand for more sustainable and environmentally sensitive products.
On average, drinking water costs R7.50 per m3, making the total addressable market for unlocking water resources worth between R7.5 and R22.5 billion per year (GreenCape analysis). During our engagement with stakeholders in water technology, management and use along with other areas of the green economy, we identified several opportunities. These include:
GreenCape's water programme concentrates on two broad areas: firstly, we aim to improve the productive use of water to support sustainable economic development; secondly, we promote the uptake of green technologies and businesses. Our overall goal is to increase job creation and investment into green water technology and services, and to improve water resource productivity.
We do this through our market research and intelligence activities; by networking and matchmaking businesses; through cleantech advocacy; and research into the economic opportunities and constraints of water.
The resources listed here are essential reading, which provide a greater overview of the opportunities in this sector. For other related tools, resources and information see the Library below.
Nexus trade-offs and strategies for addressing the water, agriculture and energy security nexus in Africa (2015)
Western Cape sustainable water management plan (2012)
For more water related resources, please view our Library.