The Waterly

"The Waterly" is a weekly all-things-water newsletter we share with our community covering the latest innovations and investment deal flow in the water sector and recent news on climate change and water-related crises.

1.png
 

Hello and welcome to The Waterly! In this week's issue, we hear from Techstars CEO Maëlle Gavet why ESG drives strong business opportunities. Bill Gates says he will pledge $1.5B for climate change on the condition that Congress passes the infrastructure bill. A recent study shows connections between Covid and wildfires. PFAS are detected in more and more places, deeply impacting our health. We are happy to showcase Drew FitzGerald, our WELL Advisor, who has worked towards achieving the UN Sustainable Development Goals for most of his life. He created "Water in a Box" with Jaden Smith, providing clean drinking water to low-income communities in Flint and Newark when they experienced their water crises. Thanks, Drew! Keep the clean water flowing.


Tech & Innovation

Ocean Cleanup Takes on the Great Pacific Garbage Patch With Its Biggest System Yet

Just let this sink in for a moment: Scientists estimate that rivers carry 1.15 to 2.41 million tonnes of plastic into our oceans each year. Our excessive plastic usage and the amount of trash we create has resulted in a large accumulation of floating trash.

MIT Researchers Make Hydrogen Fuel From Aluminum and Water

Electric engines that can power transoceanic flights are still a distant reality and therefore, alternate fuels like hydrogen also need to be developed. Researchers at the Massachusetts Institute of Technology have now found a simple way to generate hydrogen fuel anywhere, using aluminum and water.

I’m the Techstars CEO: Here’s why focusing on ESG drives wealth

Climate change creates business opportunities. So does social change, says Techstars CEO Maëlle Gavet.

China Opens Asia's First Facility to Treat Medical Wastewater Using Electron Beam Technology

“This is the first pilot-scale – 400 cubic meters per day – demonstration of EB for medical wastewater treatment,” said Shijun He, Professor at the Institute of Nuclear and New Energy Technology (INET) at Tsinghua University.

Warm Springs leaders back high tech in struggle for safe drinking water

On the Warm Springs reservation in Central Oregon, a community water system serving more than 3,000 people needs an overhaul. Repairs could take years. Now, tribal leaders want an emerging technology to leapfrog broken pipes.


Investment & Deals

Core & Main Completes Acquisition Of Pacific Pipe

“The acquisition of Pacific Pipe expands Core & Main’s geographic footprint to Hawaii in partnership with an outstanding team,” said Steve LeClair, chief executive officer of Core & Main.

Bill Gates pledges $1.5 billion for climate change projects if Congress passes infrastructure bill

Gates’ fund, run by his firm Breakthrough Energy, would spend the money over three years on initiatives to lower greenhouse gas emissions like zero emissions plane fuel.

Rainstick Raises $1 Million CAD To Commercialize Water Conservation Tech

Kelowna-based cleantech startup RainStick Shower has secured over $1 million CAD in seed financing to support the launch of its water-saving smart shower system.

Maven Equity invests GBP250,000 in G2O Water Technologies

Maven Equity Finance and part of the Northern Powerhouse Investment Fund, has supported water filter treatment technology business, G2O Water Technologies Limited (G2O) with a GBP250,000 follow-on investment.


Water & the Environment

Thousands Evacuate as Wildfires Ravage Utah and Northern California

Firefighters battled the Dixie Fire in California and a new fire in Parleys Canyon in Utah as searing temperatures continued to bake the western United States.

Is desalination the answer to California's drought? Here's what experts say

As more communities impose water use restrictions because of the drought, the California Coastal Commission is likely to vote on a controversial proposal later this year that could ease water worries for millions of Orange County residents.

In the West, a Connection Between Covid and Wildfires

Exposure to wildfire smoke during last summer’s wildfire season could be associated with thousands of additional coronavirus infections as well as hundreds of deaths, a new study has found.

First water cuts in US West supply to hammer Arizona farmers

A harvester rumbles through the fields in the early morning light, mowing down rows of corn and chopping up ears, husks and stalks into mulch for feed at a local dairy. The cows won’t get their salad next year, at least not from this farm. There won’t be enough water to plant the corn crop.

Global food supplies will suffer as temperatures rise – climate crisis report

Food production around the world will suffer as global heating reaches 1.5C, with serious effects on the food supply in the next two decades, scientists have warned, following the biggest scientific report yet on the climate crisis.


PFAS and Chemicals

Water on Chesapeake Bay military bases contains toxic PFAS ‘forever chemicals’

Groundwater on military bases along the Chesapeake Bay is contaminated with toxic PFAS “forever chemicals” at levels many times above the level some regulators say is safe for drinking, and they are probably ending up in blue crabs, oysters and other marine life that are consumed by humans.

Is Your Kids’ School Making Them Sick? - The Brockovich Report

Erin: As families across the country get ready for children to go back to school after a challenging year of remote and hybrid learning, some parents are faced with an even greater challenge: toxic schools.

'Forever chemicals' detected in water systems of nearly 2,800 US cities

The indefinite shutdown turned off a source of drinking water for 60,000 residents, raising concerns about safety.


Drew FitzGerald is the co-founder of JUST, which he formed with Jaden Smith to drive positive social and environmental impact in everyday items while creating awareness around energy, food, and water. Drew was responsible for incubating JUST’s first major project, JUST Water, to reduce plastic use and emissions in bottled water packaging. JUST Water has also redesigned the way water is acquired by creating the first public/private water model in history assuring that our water is ethically sourced and conserved.

Drew is also the founder of 501CTHREE, a non-profit blending innovation and creative storytelling to raise awareness and get people engaged with climate change solutions, and SDG Engine, a two-sided digital marketplace to connect social entrepreneurs with stakeholders who have needs pertaining to achieving the United Nations 17 SDGs. Drew is a value-added advisor to WIA, change:WATER Labs, the MIT Plasma Science and Nuclear Fusion Center, and The Redford Center.