A new Invest Vancouver report reveals that water tech, a hidden gem of the clean tech sector, provides an untapped economic opportunity for the Metro Vancouver region, serving a multi billion dollar global market.
Water tech encompasses technology that mitigates risk for utilities, industrial water users, government and insurers, and households while producing benefits such as responses to climate change and lower carbon intensity, more efficient use of resources, and reduced environmental impact.
Unlocking the potential of the region’s water tech sector starts with developing an understanding of what is already here. The region has strengths in industrial wastewater treatment, resource recovery, decentralized treatment, and digital solutions and sensor technologies, and has the potential to become a global supplier of water technology solutions.
Read Water Tech: The Metro Vancouver Region’s Untapped Clean Tech Opportunity for an overview of the Metro Vancouver water tech sector and its opportunities and challenges, and see recommendations for capitalizing on this untapped clean tech sector.