Organizers of the U.N. Water Conference in December will urge governments, bankers and businesses to treat water as an ‘investable asset’
UAE Ministry of Foreign Affairs
Abdulla Balalaa, Assistant Minister of Energy and Sustainability
The UAE is preparing to host a world gathering on managing water resources in December, emphasizing the need for investment and new technologies in the face of climate change, pollution, and rising demand.
The U.N. Water Conference, co-hosted with Senegal, will bring leaders in government, business, and non-profit organizations to Abu Dhabi for three days of discussions centered on addressing the needs of the 2.1 billion people who lack access to clean drinking water.
At the same time, organizers plan to focus on mobilizing private capital for the water needed to generate energy, develop more efficient infrastructure, and build AI data centers, Abdulla Balalaa, Assistant Minister of Energy and Sustainability at the UAE Ministry of Foreign Affairs, told reporters today in Abu Dhabi.
“Water and energy are… inseparable,” Balalaa said. “We need water to produce and move energy, and we need energy to generate, treat, transport, and secure water,” he said.
The Dec. 8-10 gathering – only the third U.N. water conference in almost 50 years – will also address the organization’s previous goal of ensuring the availability and sustainable management of water and sanitation for all by 2030, Balalaa said.
UAE officials are urging governments, financial institutions and businesses to treat water as an “investable asset” and integrate water-related risks and opportunities into investment decisions, Balalaa said. They want to broaden the water debate, linking it to economic growth, food security, energy, technology and jobs, he said.