The U.S. Chamber of Commerce is launching a Business Task Force on Water Policy to engage member companies and other stakeholders across the business community and broader water sector to integrate and coordinate action and advance needed water policy priorities.
Why Water is Important for Business
Disruption in water services often results in temporary loss in productivity by water dependent businesses.(1)
The American Society of Civil Engineers estimates that while the cumulative cost to households from degrading water and wastewater infrastructure will add up to $59 billion between 2013 and 2020, the cost to the business community will be more than double that, at $147 billion. Water also offers an opportunity to project American leadership and boost exports of U.S. solutions, products, and services abroad.
Priority Issues and Workstreams
- Financing—promoting increased federal investment in infrastructure modernization, research and development, and smart technologies; expanding public-private partnerships; aligning public and private investments; and mobilizing private capital and an associated pipeline of projects to pilot innovative partnerships.
- Regulatory flexibility and efficiency of service—proposing commonsense, flexible policies to improve the enabling environment for businesses to continue creative and innovative approaches, including water recycling and reuse, to address their water challenges.
- Small communities and small business needs—catalyzing investments and policy solutions specifically focused on the needs of small communities and small businesses.
- Technology innovation—helping increase innovation by authorizing and funding the creation of a National Water Infrastructure Test Bed Network and establishing a national program for collaborating and sharing best practices. This activity also includes promoting the export of U.S. technologies, products, and services.
- Workforce development—engaging the U.S. Department of Labor and the U.S. Environmental Protection Agency to establish a workforce development program to ensure the water and wastewater systems of tomorrow.
Why the Chamber
It is imperative that the business community be represented in the water policy debate.
The Chamber is uniquely positioned between the interests of companies and communities, and it has strong strategic relationships with U.S. government agencies, members of Congress, and committees of jurisdiction to lead a new business-driven task force to address many of our nation’s long-standing water needs.
Together, we can bolster our national security and economic growth priorities.
For more information and to join this important effort, contact Chuck Chaitovitz, vice president for Environmental Affairs and Sustainability at firstname.lastname@example.org.
 Federal Emergency Management Agency, “Benefit-Cost Analysis Re-engineering Standard Economic Values” (2011)