Saudi Arabia has announced the launch of an international organization aimed at funding and promoting water sustainability projects in developing nations. The initiative was introduced by Crown Prince Mohammed bin Salman, who emphasized the importance of addressing global water supply challenges as world water consumption is projected to double in the coming decades.
The newly established Global Water Organization, based in Riyadh, will serve as a platform for exchanging expertise, advancing technology, fostering innovation, and sharing research and development experiences in the fields of water and sanitation. The organization aims to promote the establishment and funding of high-priority projects that ensure the sustainability of water resources and their accessibility for everyone.
Despite allocating $6 billion to water projects worldwide, Saudi Arabia seeks to collaborate with other countries facing water-related challenges. The government references projections that global water demand will double by 2050 as the motivation for international cooperation in finding solutions. Although the announcement does not mention any specific partners, the kingdom looks forward to working alongside nations with significant expertise and contributions to water solutions.
Saudi Arabia has been actively involved in sustainability projects in recent years. In November 2022, the crown prince announced that the kingdom would contribute $2.5 billion to the Middle East Green Initiative over the next decade. This initiative, endorsed by countries such as Russia, China, and the US, aims to foster regional cooperation in reducing carbon emissions and combating climate change.
The United Nations reports that approximately 2 billion people, or 26% of the world’s population, currently lack access to safe drinking water. Additionally, between 2 and 3 billion people face water scarcity for at least one month out of the year. The UN also warns that 3.6 billion people lack proper sanitation services, and these challenges are expected to worsen in the future due to the growing incidence of extreme and prolonged droughts.
The establishment of the Global Water Organization aligns with Saudi Arabia’s commitment to addressing global water supply challenges and contributing to sustainable water management worldwide. By providing funding, exchanging expertise, and promoting innovation, the organization aims to make a tangible impact on water sustainability in developing nations. As the world faces increasing water scarcity and a growing demand for water resources, international collaboration and investment in water projects are crucial for ensuring a sustainable future for all.