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 current drought and the expected longer term water constraints in the region are key drivers for investment in this sector. The demand for technologies and services that enable resilience to water scarcity has substantially increased across all urban markets, and new investment opportunities have opened up in four key areas:
The drought has placed considerable strain on water resources across the province, leading to risks of insufficient supply, business shutdown, financial losses and retrenchments. In addition, water restrictions are becoming more and more stringent across the province, and businesses and residents are under increasing pressure to reduce their demand of municipal water supply. The drought has also resulted in municipalities procuring emergency augmentation supplies, and re-assessing their longer term plans for drought resilient supply options. As a result, numerous opportunities have been identified:
Smart water metering systems
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 our business support page.
For more water related resources, please view our library.