Programme


Water is our life blood: Immediate action around global sustainable water necessitates collaboration between all stakeholders. The increasing demand on our long term water resources requires an ever-increasing demand for investment presenting an array of opportunity for investors to tap into water. Building resilience, increasing efficiency and mitigating risks through Innovation and technology is essential in creating a long-term sustainable water strategy. Attend M2W and hear from leading experts and explore the risks, innovations and opportunities.

Day 1 7 May 2014

Session One – The Water Challenge

Only 3% of the 1.4 billion cubic kilometres of earth’s water is drinkable, fresh water. On a global basis, 70% of water is used for agriculture irrigation, 22% is used for industries, and 8% is used by households. At current rates of growth, demand for water may exceed supplies by 40% and by 2030, around 47% of the world’s population will be living in areas of high water stress, according to the World Bank sponsored 2030 Water Resources Group report and OECD’s Environmental Outlook to 2030.

Governments are going to need to find US$75 trillion in order to finance investment in key water infrastructure by 2030, (OECD), while the UN estimates that the total annual spending on water infrastructure by developing countries needs to more than double, from $75 billion currently to $180 billion.


Welcome Address and Opening Remarks


Henry Hely Hutchinson, Managing Director, Euromoney Water Events


Chair’s Opening Remarks


Kyung-Ah Park Managing Director, Head of Environmental Markets Group Goldman Sachs


“Water Risk Nexus” - Managing competing demands for water


The challenge of managing the gap between supply and demand for an ever growing population and an increase in industrial activity resulting in additional stresses. How will we meet the global challenge to water sustainability?

Senior Representative, UNEP   UNEP-FI


Water Collaboration: Public, Private and Investment


Finding common goals and identifying the intersection between parties’ interests and the complexity of cross sector partnerships requires scalable water collaborations.

Marianne Wenning, Director ‘Quality of Life, Water   Air’ DG Environment, European Commission


Water Risk Mitigation - Who are the biggest consumers of water?


The changing dynamics of water consumption and the challenges created in evaluating water supply risks. Reporting accurate corporate water risk to investors while building resilience strategies is essential.


Questions



Morning Networking Break



Session Two – The Water Investment Opportunity:
Chaired by Saud Siddique Executive Chairman Odyssey Capital

Overview - The global water industry is currently a $460 billion market. The assets of funds focused on water and specialist water funds nearly doubled from just over $12 billion in 2010 to nearly $24 billion in 2011, according to data from Lipper, a Thomson Reuters service, analysts believe that could reach $50 billion by 2015. The size of the water market is estimated to be US$500 billion per year and growing by 6% annually.

From March 2009 through to February 2013, the S P Global Water Index posted a cumulative total return of 177%, compared to 176% and 104%, respectively, for the S P 500 Index and S P 500 Utilities Index. In the near-term, the 2014 estimated earnings growth rate for the S P Global Water Index is 15.48%, compared to 10.88% and 4.42% for the S P 500 Index and S P 500 Utilities Index, according to Bloomberg.


Water Investment Models


Key attractions and pivotal factors in evaluating the investment characteristics in the water sector and how do you categorise the investible water universe?

Saud Siddique, Executive Chairman, Odyssey Capital


Water Investment Funds


Mapping diversified water-related investment opportunities and tracking the water markets. Investing in water opportunities through ETFs, mutual funds and unit investment trusts.

Hugo Rogers, Fund Manager, Thames River Water   Agriculture Fund


Water Investment Opportunities


Assessing the water supply and demand imbalance while searching for suitable water-related investments in developed and developing markets.

Noel O'Halloran, CIO, Kleinwort Benson Investor


Water Investment Returns


Seizing the opportunity arising from the water sustainability challenge. Evaluating water sector performance vs. global markets and understanding the risk, challenges and returns of water investment.

Philippe Rohner, Senior Investment Manager, Sector & Theme Funds Team, Pictet Asset Management


The Water Investment Panel Session – A Focus On Funding Innovation


Additional panellists:
Matthew J. Diserio, Cofounder and President, Water Asset Management
David Lloyd Owen, Managing Director, Envisager Limited


Networking Lunch


Available to Sponsor


Session Three – Water Infrastructure Finance

The American Water Works Association concluded that the U.S. will need to invest nearly $1 trillion over the next 25 years to simply replace faulty water pipes. Failure to do so could lead to service disruptions and more costly repairs. On a global perspective, water infrastructure spending needs could approach $11.7 trillion between 2013 and 2030, according to Janney Montgomery Scott LLC.

The Nehru National Urban Renewal Mission is expected to invest $11 billion in developing infrastructure in 63 of the largest cities, with an emphasis on water supply and sanitation. The Technology Strategy Board estimates that the global water market is expected to grow from US$480bn to US$770bn annually by 2016. In Africa alone, some US$180bn will be needed each year until 2025 to provide minimum levels of water and sanitation.


Chair’s Opening Remarks


Betsy Otto, Water Initiative Director, World Resources Institute


Water Finance Models


Meeting the water finance challenges and applying appropriate financing models to bridge the funding gap.

Elena Bourganskaia, Global Head Water   Municipal Infrastructure, International Finance Corporation


Public Private Partnerships - PPP’s


Benchmarking best practice in managing PPP’s and understanding innovative financing initiatives, with clear stakeholder engagement and risk mitigation strategies.


Regulatory Frameworks   Finance


Impact of regulatory frameworks on access to finance and increasing private sector investment.

Monica Scatasta, Head of Water and Waste Management Division, European Investment Bank


Global Water Finance Collaboration


Developing international collaborations for financial and operating performance improvement programmes in order to incentives efficient water use.

Jean-Patrick Marquet, Director of Municipal and Environmental Infrastructure, European Bank for Reconstruction and Development


Water Finance Opportunities


What is the market opportunity for water privatisation? Where are the project finance opportunities in Infrastructure, wastewater treatment and desalination?

Tim Romer, Managing Director (PSI) Banking Group, Goldman Sachs


Water Infrastructure Finance - Panel Session – The Future of Water infrastructure Finance


Additional panellists:
Kirsty Jenkinson, Director, Markets   Enterprise Program, WRI
Matthew J. Diserio, Cofounder and President, Water Asset Management
Saud Siddique, Executive Chairman, Odyssey Capital


Afternoon Networking Break



Session Four – Corporate Water Risk Management:
Chaired by Cate Lamb, Head of Water, CDP

Businesses are acknowledging risks around water and the impact it poses to operations and organisational performance. At the World Economic Forum 2013 experts named water risk as one of the top four risks facing businesses in the twenty-first century. 53% of companies surveyed by the Carbon Disclosure Project reported that water risks are affecting operations, property damage, higher prices, poor water quality, business interruptions, and supply-chain disruptions.

Pressure is growing for companies to build long-term resilience to water challenges and investors are boosting scrutiny of water risks in their portfolios, calling for better transparency and stronger action from companies to mitigate risks. The message is clear: developing strategic responses to water-risk is key to maintaining competitive advantage.


Water Sustainability   Water Disclosure


What is the business case for water disclosure? How do you identify water-related business risk and build resilience to maintain and increase competitive advantage?

Cate Lamb, Head of Water, CDP


Water Risk Mitigation – Investor Perspectives


Evaluating water risk is the first step to mitigating it. Addressing the risks and opportunities associated with water and demonstrating progress and good practice to external stakeholders.

David Lloyd Owen, Managing Director, Envisager Limited


Water Stewardship   Management Strategies


What is the potential economic impact of water management? How do you develop systems and embed technologies to mitigate water-related risk while identifying new market opportunities and create shareholder value?

Chris Matthews, Head of Sustainability, United Utilities (Business in the Community – Water Task Force)


Embedded Water: Managing water in the supply chain


How do we promote sustainable water management in the supply chain? Monitoring and minimising risks in the supply chain and building preventive and corrective action plan for identified risks

Paul Crewe, Head of Engineering, Sustainability, Energy and Environment, Sainsbury’s


Corporate Water Risk Management - Panel Session


Additional panellists:
Richard Colback, Senior Operations Officer, Resource Efficiency Team (Water), IFC
Betsy Otto, Water Initiative Director, World Resources Institute
Ivo Mulder, Head of Water, UNEP FI Joppe Cramwinckel, Water Programme Director, WBCSD


NETWORKING RECEPTION


Join M2W Evening Networking Reception at the Sky Bar, an exclusive penthouse-level bar with rooftop terrace offering beautiful views over St Paul’s Cathedral.



Day 2 8 May 2014

Session Five – Water Innovation - Water Utilities

Deteriorating infrastructure and a lack of funding for maintenance are driving a need for innovation. The situation is much the same in the rest of the developed world, while the developing world faces an infrastructure gap.

Implementing modern, energy-efficient smart water technologies creates opportunities for reducing the energy cost associated with producing and delivering drinking water. Smart control systems that integrate pumping cycles with changing electricity tariff structures can improve the energy efficiency of distribution systems through automated intelligent control. There is clear evidence that these changes can help utilities realise savings and increased efficiencies. US$12.5 billion of savings are available to utilities by using a combination of smart water solutions.


Introduction And Welcome Remarks


Neemish Ladwa, Business Manager – Euromoney Water Events


Day Two – Chair’S Opening Remarks


Mark Lane, Chairman, British Water and Consultant to Pinsent Masons LLP


Water and Wastewater Infrastructure Innovations


The challenges of aging water and waste water infrastructure combined with a requirement for building new sustainable systems incorporating innovations.

Senior Representative, United Utilities


Smart Water – Metering – Big Data and Analytics


Strategies for building a smart water architecture and the role of smart networks and data in water management with the implementation of next generation technologies.


Water Reuse and Alternative Water Sources


Solving challenges and creating opportunities for water reuse and exploration of technology to secure clean and safe water. Innovative practical concepts for alternative water sources and supply.

David Essex, General Manager, Water Strategy & Innovation, Severn Trent Water


Water Filtration and Desalination


Advanced water and wastewater filtration membrane technology and improved chemical treatment. Desalination innovations and technology: Reverse or Forward Osmosis and nanotechnology, membrane chemistry or carbon nanotubes.


The Water Innovation Panel Session – Next Generation Water Infrastructure and Utilities


Additional panellists:
Lueder Garleff, Energy Manager, Hamburg Water
Robert Schroder, Policy advisor at DG Environment, European Commission
Xavier Leflaive, Head of Water Unit, OECD
Thomas van Gilst, Senior Water Sector Economist, EIB


Morning Networking Break



Session Six - Water, Waste and Energy

The global market for wastewater treatment delivery equipment, instrumentation, process equipment, and treatment chemicals will increase at a 10.4% compound annual growth rate to exceed $93 billion in 2016, The most rapid growth will occur in the delivery equipment product group and is expected to increase at an 11.4% compound annual growth rate to reach $34 billion in 2016. (Source: BCC Research) Some WWTPs produce 100% or more of the energy they need to operate and WWTPs collectively could potentially meet 10% of the national electricity demand.1 On the wastewater side, the energy potential contained in wastewater and its biosolids/biogases exceeds by 10 times the energy used to treat it.


Energy and Resource Recovery


Tapping into the energy potential contained in wastewater, while driving energy efficiency strategies to reduce cost and create revenue streams by recovering valuable by-products.

Lueder Garleff, Energy Manager, Hamburg Water


The Debate - Water Rights, Trading and Pricing


Lively debate around investing in water rights and the sustainable economics of water trading. What are the future trends of water pricing strategy that encourage efficiency and investment?

Opening presentation - Market Opportunities for Water Rights and Trading

Matthew J. Diserio, Cofounder and President, Water Asset Management

Panellists:
Neil Corrigall, Regulation & Business Strategy Manager, Severn Trent Water
Monica Scatasta, Head of Water and Waste Management Division, European Investment Bank
Elena Bourganskaia, Global Head Water & Municipal Infrastructure, International Finance Corporation
Joppe Cramwinckel, Water Programme Director, WBCSD
Thomas Chiramba Chief, Freshwater Ecosystems Unit, UNEP


Networking Lunch


Available to Sponsor


Session Seven – Water Innovation - Water Energy Food Environment Nexus

The need for more energy and food will continue to grow in line with global demand. Water is integral to meeting these demands. Agriculture uses 70% of the world’s water to irrigate only 20% of the world’s cropland, yet produces 40% of all food. The energy sector withdraws 8% of all the worlds’ water, and can reach up to 40% as in the USA. Food and energy production are dependent on the access to water resources. With growing demand and shrinking availability the challenge to develop and mobilize ways to produce and deliver water to fields, powerplants, industries and cities requires a collaborative approach. By 2050, global population is expected to be 9 billion people. 70% more food will be needed. By 2030 we will need 30% more water, 40% more energy, and 10% of existing crop land for biofuels.


Water Innovation – Water Energy Food Nexus


What are the efficiency gains in the water energy food nexus that bring significant opportunities? Reducing energy consumption and driving water efficiency is the strategy collaborative?

Damian Crilly, International Water Association


Water Innovation – Agriculture


Technology and innovation transfer from other sectors into the food supply chain. Adaptive innovations in water storage, precision irrigation, smart management and efficient use of irrigation water, through water filtration/reuse and wastewater processing technologies.

Senior Representative, SAB Miller


Water Innovation – Energy


Electricity generation consumes water to process raw materials, cooling and maintaining the plant, or to generate electricity itself. Thermoelectric generation is expected to increase, putting more strain on water supplies. Innovation is essential to meet future energy demands while sustaining water supplies.

Laurent Bellet, Water & Energy Specialist, EDF


Water Innovation – Oil, Gas, Shale and Mining


The global mining water treatment market is predicted to surge to $13.6 billion by 2014 and water treatment in the oil sector is expected to reach $9.9 billion by 2025. Water is integral to shale gas which is a rapidly expanding market, estimated to be worth up to $100 billion in the United States.


Pollution and Environmental Sustainability


Reducing wastewater pollution through technologies with clearly defined environmental impact strategies aligned with sustainable water programmes.

Thomas Chiramba Chief, Freshwater Ecosystems Unit UNEP


Water Innovation Panel Session - Water Energy Food Nexus


Panellists:
Diego Rodriguez, Program Manager, World Bank
Anup Jagwani, Principal Investment Office, IFC
Joppe Cramwinckel, Water Programme Director, WBCSD
Robert Schroder, Policy Advisor, DG Environment, European Commission


Afternoon Networking Break



Session Eight – Funding the Future of Water Innovation

Tapping into the water market presents opportunities for all stakeholders, understanding the risks and the strategies to mitigate them through innovation and technology creates an opportunity to secure long term investments and a sustainable water framework ensuring the our future social and economic needs are met.


Water Innovation Investments and Finance


The case for water innovation and investment, corporate water stewardship and driving efficiency, with the need to build investor confidence in water investments.


Building a Value Chain for Water Tech Investment


Identifying market opportunities, early cycle, late cycle and defensive business models, and building a business case for investment.

Jonathan Taylor, Vice-President, European Investment Bank


Chairman’s Closing Remarks and Round Up


Mark Lane, Chairman, British Water and Consultant to Pinsent Masons LLP


Money2Water Farewell Closing Drinks