Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Milken Innovation Center
Based at the Jerusalem Institute for Israel Studies, we are a financial R&D center that focuses on building financial solutions to enable Israel to move from the “start-up nation” to the “scale-up nation.”
Fellows
ProjectsFinancial
Innovations Labs
We build practical, market-based, data-driven solutions that achieve results…
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Fellows launch -January
Biomedical Financial Innovations Lab –
March
Milken Global Conference - April
Sustainable Water Financial Innovations
Lab - July
Cyber Heritage Workshop - June
Green Building Financial Innovations Lab -
September
New Fellows launch -October
Globes Business
Conference -December
Milken Alumni Program -
February
Milken Global Fellows launched -
June
Jan May Jun Jul Aug Sep Oct Nov DecAprMarFeb
East African Capital Market Financial Innovations Lab -
October
HU Financing Innovations Course
WATEC 2015 Water Initiative - October
UC Financing Innovations Course
2015 Milestones
Financial Inclusion and
Affordable Housing Lab
reports
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Fellows launch -January
Biomedical Financial Innovations Lab –
March
Milken Global Conference - April
Sustainable Water Financial Innovations
Lab - July
Cyber Heritage Workshop - June
Green Building Financial Innovations Lab -
September
New Fellows launch -October
Globes Business
Conference -December
Milken Alumni Program -
February
Milken Global Fellows launched -
June
Jan May Jun Jul Aug Sep Oct Nov DecAprMarFeb
East African Capital Market Financial Innovations Lab -
October
HU Financing Innovations Course
WATEC Water Initiative - October
UC Financing Innovations Course
2015 Milestones
Financial Inclusion
and Affordable
Housing Lab reports
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Biomedical Financial Innovations Lab –
March
Sustainable Water Financial Innovations
Lab - July
Cyber Heritage Workshop - June
Green Building Financial Innovations Lab -
September
Jan May Jun Jul Aug Sep Oct Nov DecAprMarFeb
East African Capital Market Financial
Innovations Lab -October
WATEC Water Initiative - October
2015 MilestonesFinancial Innovations Labs and Workshops
Financial Inclusion
and Affordable
Housing Lab reports
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Fellows launch -January
New Fellows launch -October
Milken Alumni Program -
February
Milken Global Fellows launched -
June
Jan May Jun Jul Aug Sep Oct Nov DecAprMarFeb
HU Financing Innovations Course
UC Financing Innovations Course
2015 MilestonesFellows and Training
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Biomedical Financial Innovations Lab –
March
Milken Global Conference - April
Sustainable Water Financial Innovations
Lab - July
Milken Global Fellows launched -
June
Jan May Jun Jul Aug Sep Oct Nov DecAprMarFeb
WATEC Water Initiative - October
UC Financing Innovations Course
2015 MilestonesCalifornia-Israel Global Innovation Partnership
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
-6%
-4%
-2%
0%
2%
4%
6%
8%
10%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Percentage GDP Growth
Israel OECD Average
Source: Bank of Israel & OECD
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
-2%
-1%
0%
1%
2%
3%
4%
5%
6%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Current Account Balance in Israel (as % of GDP)
Source: Bank of Israel
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
0%
1%
2%
3%
4%
5%
6%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Budget Deficit in Israel (as % of GDP)
Source: Bank of Israel
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
High-technology Industries: electronic components, electronic communication equipment, equipment for control & supervision, pharmaceutical products etc.
Medium-high-technology Industries: chemicals & refining petroleum, machinery & equipment, electronic equipment & electrical motors etc.
Medium-low-technology Industries: mining & quarrying, rubber & plastic products,, metal products, ships & boats, jewelry etc.
Low-technology Industries: food products, beverages & tobacco, textiles, wearing apparel & leather, paper, printing & wood products etc.
Sou
rce: Cen
tral Bu
reau o
f Statistics
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Israel outpaces developed countries in both % of R&D employees per capita and R&D expenditures as a % of GDP
Source: OECD
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Ease of Doing Business – from the World Bank’s 2016 ‘Doing Business’ Reports
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
OECD Average Israel
Source: http://www.oecd.org/social/income-distribution-database.htm
Inequality & Income-Distribution
OECD Countries
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
₪ -
₪ 100,000,000,000
₪ 200,000,000,000
₪ 300,000,000,000
₪ 400,000,000,000
₪ 500,000,000,000
₪ 600,000,000,000
₪ 700,000,000,000
₪ 800,000,000,000
Market Capitalization - Tel Aviv Stock Exchange
Source: http://www.tase.co.il/ Main Market Data – שווי שוק
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Memorandum of Understanding
Co-innovation leadership team
launchedFinancial
Innovations Lab
Pilot projects and policy initiatives designed
International fellows deployed
California-Israel Global Innovation Partnership…and launched this process
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
A few numbers that make a difference
83%
10%
Water recycling rate
57%80%
Share of managed water for agriculture
137
473
Average urban water use(L/Capita/day)
31%
1%
Wastewater share for Agriculture
Israel California
6%
19%
Electricity for water use
98,421
393,683
Total water consumption in all sectors(L/Capita/day)
Sou
rces
: M
ilken
Inn
ova
tio
n C
ente
r, Is
rael
Wat
er A
uth
ori
ty, N
ew T
ech
, Mek
oro
t, N
etaf
im,
oth
ers
8430 2+3+
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Israel’s water performance……for consumers and agriculture
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
The ecosystem
RecyclingReservoir Aquifer Waste TreatmentNature
Municipal
Industry
Agriculture
Collection & Distribution
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Reservoir Aquifer RecyclingWaste TreatmentPrimary sources (nature)
Municipal
Industry
Agriculture
Collection & Distribution
Private water rightsOveruse and
contaminationClimate change
Regulatory burdens
Low costs
Inertia
Energy costs
Technology risk
High capital costs
New sources/
desalination
Source protection
and remediation
Bundling solutions for scale
Use performance-based
capital structures
Leverage energy
connection
Deploy service-based
revenue models
Bar
rie
rsSo
luti
on
sHow we framed the question…in the
context of the eco system
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
What have we learned in Israel…
….that can be used in California
Use financial innovations to shift risk and open markets
Install infrastructure as a service
Reward technology performance (water savings=higher returns)
Invest in continuous innovation
Design regulation to facilitate market-driven change
Bundle solutions to create financeable scale
Leverage cross sector linkages (energy, agriculture, and water)
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Design practical solutions with California and
Israeli partnerships for
real projects that demonstrate “how
to” get these projects done
Water Projects
Technology
Project Structure
Capital Structure
Regulatory
Outcomes
Community
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Municipal systemsBundle services to create scale for
suppliers and investors
Incentivize vendors to perform
Shift risk from municipal water system to investors
Target pilot projects that can make a difference…
Farmers•Commodity crops (e.g. alfalfa,
corn, soy, etc.)
•Shift from flood to precision irrigation
•Farmers unconnected to public systems
•Deploy systems solutions to enable independence and
increase efficiency of water uses
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Targeted solutions for farmers
Deploy water saving technologies in
commodity ag (alfalfa, soy, corn, etc.)
Shift risk from the farmer to investor
Create capital structure that leverages water
savings
Reduces water consumption
Increases agricultural competitiveness
Eligible Farmers
Government
Tax Credit Investors
Savings
Lower water consumption –lower water charge for
eligible farmers
$
$+
Tax Credit graduated on
the basis of water savings
% of savings paid on
technology performance
% of installation
paid up front
Sou
rce:
Milk
en In
no
vati
on
Cen
ter
Technologies:•Precision irrigation and
nutrition•Recycling and small
scale desalination•Low water crops•Aquifer management
Water sources and savings and
measured
$+
Watershed Protection offsets issued based on reduced aquifer usage
and recovery
Watershed offset credits sold to
investors Bank/Carbon credit auction
Ag Loan/Guarantee
Sales proceeds of the watershed offset
creditsExport Trade Credit
Guarantee
6
Cooperative Extension
Training of workers on the use of
new technology
Eligible Farmers
Government
Tax Credit Investors
Savings
Lower water consumption –lower water charge for
eligible farmers
$
$+
Technologies:•Precision irrigation and
nutrition•Recycling and small
scale desalination•Low water crops•Aquifer management
$+
Watershed Protection offsets issued based on reduced aquifer usage
and recovery
Watershed offset credits sold to
investors Bank/Carbon credit auction
Ag Loan/Guarantee
Export Trade Credit Guarantee
1
Water Solutions for agriculture
Cooperative Extension
7 8
2
3
4
5 9
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Targeted solutions for farmers
Deploy water saving technologies in
commodity ag (alfalfa, soy, corn, etc.)
Shift risk from the farmer to investor
Create capital structure that leverages water
savings
Reduces water consumption
Increases agricultural competitiveness
Water Solutions for agricultureWater Solutions for agriculture
deploy new technologies on
10% of the target farms
estimate savings of 455 billion gallons of water per year or
2.8% of the human water consumption in California
avoid spending approximately
$908 million on water and $59
million in energy costs
fiscal cost of $141 million in tax credits and
approximately $59 million annual in new farm loans
over 10 years
Using 13 trillion gallons
57,000farms
can save 455 billion gallons
or 2.8% of California’s
water
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Bundle services to create scale for suppliers and
investors
Incentivize vendors to perform; implement
systems financing; convert vendors to
service model
Shift risk from municipal water system to
investors
Create living laboratory for innovations
Environmental Service Partnership (ESCO)
Investor
Lower water use and higher quality
Municipal Water District
$
$+
% of installation paid on performance benchmarks
% of installation paid up front
Sou
rce:
Milk
en In
no
vati
on
Cen
ter
Water quality
treatment and
monitoring
$+
Export Trade Credit Guarantee
Smart Metering
Leak detection/ management
System security
Aquifer monitoring/
remediation/ storm water
retention
$
Municipal service payments paid on
performance with a “bump” in the
payment based on outstanding
performance
Participation loans to Israeli water
technology companies
Investment in company
first California
installation
$+
$+
Waste water treatment
and recycling/
desalination
Watershed Credits and/or carbon credits
Design performance-based infrastructure solutions
Water Solutions for Municipalities
Tax exempt financing/ IBank-
CLEEN
1
2
3
4
5
6
78
9
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Bundle services to create scale for suppliers and
investors
Incentivize vendors to perform; implement
systems financing; convert vendors to
service model
Shift risk from municipal water system to
investors
Create living laboratory for innovations
Design performance-based infrastructure solutionsWater Solutions for Municipalities
deploy new technologies
to target a 6% reduction
in municipal water use
estimate savings of 180 billion gallons of water per
year or 1.1% of the human water
consumption in California
avoid spending approximately $522 million on water and
energy costs
Spend approximately $55.3 million annually
in new municipal water project loans
over 10 years
Using 3 trillion gallons annually
214 water authorities
can save 180 billion gallons
annually
or 1.1% of California’s
water
27FOR INFORMATION ONLY
Large, centralized wastewater treatment plant:• Huge footprint – Not in my backyard• Very high capex for long-term capacity• Very energy-intensive – high opex• Noisy, smelly, very obvious• Very hard to reuse water without huge
purple pipe network – more capex
Small, distributed wastewater treatment plant:• Small, flexible footprint blends into
neighborhood• Modular – expand as needed• Very energy-efficient – low opex• No odor, quiet, neighborhood-friendly• Local water reuse saves $M’s in purple pipe
Emefcy Group Ltd (ASX: EMC)
Fewer of these… …More of these
• Proven Israeli wastewater team – founded AqWise (350 plants in 30 countries)
• 90% lower energy revolutionizes wastewater treatment - $93B market
28FOR INFORMATION ONLY
Water Sale Business Structure
Emefcy Financial Partner
Special-Purpose Vehicle
Customer
Integrator, O&M partner, asset
manager
Provides treatment services & optionally
recycled water
Sells plant to SPV
Receives list price, income
Receive preferred share of income till hit hurdle IRR, then
reduced share till target IRR
Fund list price purchase for equity
Build, O&M services
Agreed fees
Fees for 10 year contract on take-or-pay basis
SPV owns plant, depreciates asset, can allocate benefit to partner in exchange for lower pre-tax IRR
Similar to Solar PPA with Similar Partnership Flip, Depreciation
29FOR INFORMATION ONLY
Everyone Benefits
Who Benefit
Customer • Avoids capex• Lowers operating costs• Gains water security• Avoids all operating headaches
Financial Partner • Locked in 10+ year IRR with protection• Fast time to hurdle IRR• Ability to invest further funds at protected IRR
EMC • Recurring revenue stream with committed financial partner
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Moving forward on two tracks
Business to Business (B2B)
Business communications
channels
Industry events and networking (e.g. 29/6/16)
Sales
Government to Business
(G2B)
Policy development
teams
Pilot project design and
implementationProject to scale
Sho
rter t
erm
Long
er te
rm
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
We are moving forward…
IDE -Carlsbad
Encinidas –rain harvest/ storm water
retention
Amiad
LA CleantechIncubator
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
Israel California
Regulatory relief
Tax credits and subordinated debt
Offsets and carbon credits
Technology development
Export trade guarantees
Technology guarantees
What does a water relationship between Israel and California look like?
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
California-Israel Global Innovation Partnership Water Team Milestones
July JuneDecAug Sept Oct Nov MarFebJan April May
Financial Innovations Lab – Water
Sustainability–July 13
California water project
development –Dec-Jan
Lab initial findings and recommendations -
October
Carlsbad IDE/Rady
Event tour Sept 2
Financial tools development and
modellingSeptember - November
Project concept development for
initial (pilot) implementation
Work planning and development
August-October 2015
WATEC- Oct 13-15California-Israel Panel –
Oct 12Water
Innovations Work Team Meetings in
CaliforniaDec – Mar 2016
Legislative briefings and
policy development
Oct-Jan
Water-Energy-Food Nexus
Team Meeting Berkeley
Feb/March 2016
Milken Institute Global Conference Panel and Private Briefing Sessions
April 2016
Cleantech networking event showcasing sustainable water
strategies– Oct 14
Legislative visit to Israel Jerusalem - October
Working meeting on Trade Finance Protocol – Oct 11
Water Innovations Work Teams
Meetings in IsraelMarch 2016
Water leadership roundtable at Hoover Institution/Stanford –
Jan 2016
Legislative proposals introduced in
California Jan/Feb 2016
California government water and Agriculture delegation in
Israel – June, 2016
Israel – California Water Business
event, June 29th
Jerusalem InstituteMilken Innovation Center
www.MilkenInnovationCenter.org
The plan.a sustainable water future
HELPING FARMERS
GROW MORE WITH LESS
Naty Barak | Chief Sustainability Officer
Agent of Change: The California-Israel Global Innovation PartnershipMilken Institute Global Conference, May 4, 2016
NETAFIM - 35 YEARS IN THE UNITED STATES Established in 1981 in California
our current offices, distribution and manufacturing facilities are located in Fresno
Precise, reliable and user-friendly solutions for diverse agricultural applications including row crops, orchards and vineyards
From sugar cane in Hawaii to wine grapes in California’s Napa Valley and from cotton in Texas to citrus trees in Florida, drip achieves healthy, profitable harvests
DRIP IRRIGATION – THE ANSWER TO CALIFORNIA’S NEEDS
Simcha Blass who invented drip irrigation was motivated by Israel’s needs Our farm manager at Kibbutz Hatzerim wanted to keep it just for our crops In reality it was meant for California (and for a water starved world…)
In 2014, California Gov. Jerry Brown and Israeli Prime Minister Benjamin Netanyahu launched the California-Israel Global InnovationPartnership, a strategic alliance aimed at meeting such global challenges as water scarcity, agricultural productivity, low-carbon energy alternatives, and improved health, education and cybersecurity. Many of California's and Israel's world-class assets are involved, including research parks, technology incubators, universities and laboratories. The goal is to build public policies, create novel business models and develop innovative financing to help deploy solutions to the challenges facing these two dynamic, technology-driven economies. This panel of business, scientific and government leaders will report on the progress to date as well as some of the partnership's ideas for fueling economic growth, raising productivity and reducing poverty and inequality.
Agriculture is largest user of water resources
Drip has been tremendously adopted in California in high value crops (almonds, nuts, wine grapes)
Drip hasn’t been adopted in commodity crops (alfalfa, corn, rice), which are the largest consumers of water
With the water drought in CA, commodity crops in general, and alfalfa in particular, are a key driver of potential water savings, when using drip
THE CHALLENGE IN CALIFORNIA - SAVE MORE WATER
Optimizes moisture and aeration conditions
Ensures precise quantities of water and nutrients directly to root zone
Reduces release of gases to atmosphere due to imprecise fertilizer usage
Increases yields and enhances productivity per unit of soil and water
Modular design fits smallholder plots
NUTRIGATION™
THE TECHNOLOGY – DRIP IRRIGATION
IRRIGATE THE PLANT, NOT THE SOIL
• Seth Rossow, farm manager for the last five years
• The alfalfa operation, just south of Merced, CA, provides feed for a dairy near Hanford, CA
• Since he has access to compost from the dairy operation in Hanford, he uses that resource
as much as possible (for Nutrigation)
GOOD PRACTICE: ALFALFA, BERT WILGENBERG FARMS
California’s nearly 2 million dairy cows produce 65
billion pounds of waste
each year
The nitrates in manure can pollute water sources
and pose a serious threat to water quality and the
health of millions of Californians
In the Central Valley, the long-term application of
cow manure to crops has resulted in extensive
groundwater degradation
POTENTIAL CROP #2: FEED - APPLICATION OF DAIRY MANURE VIA SUBSURFACE DRIP IRRIGATION
Prevent millions of pounds of manure from polluting water
sources
Increase water use efficiency to address drought
Enable rapid adoption of drip irrigation by utilizing liquid
manure in drip systems
Improve producer’s ability to manage nutrients applied to the
field
Save thousands of dollars in fertilizer costs
Increase yields
Address environmental challenges
Save millions of gallons of groundwater by using recycled
manure water as a nutrient
PARTNERING WITH CALIFORNIA’S DAIRY INDUSTRY -THIS PROJECT WILL …
GOOD PRACTICE: DEJAGER FARMS, CHOWCHILLA, CA
Developed product specifications for the successful implementation of subsurface drip
irrigation (SDI) in dairy effluent applications
Created management protocols for controlled blending of fresh and effluent water at
agronomic rates
Demonstrated water savings and yield increase
benefits of SDI in the dairy crop mix:
silage/winter wheat
Demonstrated the value of controlled application of
water and effluent/nutrients as a mitigating system
for upcoming groundwater regulation on the dairy industry
POTENTIAL CROP #3: RICE
California rice is primarily grown in the
Sacramento Valley on laser-leveled, flood
irrigation fields
On average, rice requires 5.1 feet of water applied
per growing season - very water intensive
Netafim is installing subsurface drip irrigation on
42 acres of conventional rice at Lundberg Family
Farms, Richvale, CA
We expect to see efficiencies in:
• Water and power savings
• Reduced tail water run off
• Yield increases
The value chain itself is also changing
New players, providing new front door to
healthcare, are aiming to take a bite
We need to look from the future back
How?
Closer to the patient
Where?
We Understand We need To Move
We provide the world’s
largest medicine cabinet
We are maximizing our assets
1,000 molecules
35,000 products
Medical devices
We put our medicines in
the hands of 250 million patients every day
1 out of 6prescriptions in
the UK
1 out of 8prescriptions in
the US
1 out of 10prescriptions in
Germany
We started a journey
to understand our patients,
connect with them
and provide them with
more than just a pill
What are we offering Jonathan for
his asthma?BUT…Patient and Physician cannot be sure that:• The dose was taken• The dose was fully
inhaled• # doses left in the
tank
Easy to use smart inhalerBreathactivated
Opening cap-prepares a dose
But still… Doctors cannot• Track treatment progress • Provide feedback
to patients
Gecko’s smart e-CAPAutomatic
track & record of medication usage
Provides feedback to the patient
Encourages adherence by setting goals
BUT what else can we do
with all the collected data?
IBM Watson’s Big Data Algorithm
• Collects data from multiple sources
• Analyzes data • Provides preventative
alert to patient
Oral tablets
What are we offering Jill and her
multiple chronic diseases?
BUT…For a patient taking 8-10 different pills a day:• It is easy to forget a pill• Mixing pills can be dangerous• Interactions with the doctor are
inconvenient
Multi-functional smart pill dispenser
Oral tablets
BUT… What if the patient is still
having trouble adhering to treatment?
Dispenser pictures are taken from the public domain
First-in-class automatic implanted
dispenser
Oral tablets
• Each implant contains 100's of
micro-reservoirs
• Release each dose at precise
times
• Controlled via wireless remote or
can be programmed in advance.
BUT…what if the patient needs to see a doctor urgently?
We are always searching for more…
We continue to search for additional solutions for our patients
Oral tablets
We are hoping to leverage the
California-Israel innovation agreement
for creating additional partnerships
to explore for the game changing solution
World Bank Analytical and Advisory
Assistance (AAA) Program
China: Addressing Water Scarcity
Background Paper No. 3
Water Resources Management in an AridEnvironmentThe Case of Israel
__________________________________________________________________________July 2006Environment and Social DevelopmentEast Asia and Pacific RegionThe World Bank
Mark Gold, D.Env. – UCLA Associate Vice Chancellor
Pinch hitting for Felicia Marcus
Chair, State Water Resources Control Board
S T A T E W A T E R R E S O U R C E S C O N T R O L B O A R D
R E G I O N A L W A T E R Q U A L I T Y C O N T R O L B O A R D S
California water is complicated
Precipitation vs. Population
Feast or Famine
--Colorado River too --
Major Water Projects
Federal – Central Valley Project (CVP)
State – State Water Project (SWP)
Local – Many other projects throughout state, including Colorado River system, Hetch Hetchy, EBMUD, Owens Valley
Source: Water Environment Foundation
The New Normal?
85
Precipitation, snowpack at historically low levels
Image Credit: http://www.tucsonnewsnow.com/story/28705289/western-us-drought-having-big-impact-on-much-needed-spring-snowmelt, Yosemite Conservancy
California Water Action Plan
Make Conservation a California Way of Life Increase Regional Self-Reliance and Integrated Water
Management Across All Levels of Government Achieve the Co-Equal Goals for the Delta Protect and Restore Important Ecosystems Manage and Prepare for Dry Periods Expand Water Storage Capacity and Improve
Groundwater Management Provide Safe Water for All Communities Increase Flood Protection Increase Operational and Regulatory Efficiency Identify Sustainable and Integrated Financing
Opportunities
Water Bond 2014
Water Quality, Supply, and Infrastructure Improvement Act of 2014 – $7.545B
Hard fought, but near unanimous vote at end
Real mix of “all of the above” Down-payment on full needs, but a lot that is good, visible, and paves way for next round
Learning from Israel Efficiency first: Urban and Agriculture
How to blend different reuse options: recycled water, stormwater capture, desal
Recognizing and communicating the shared challenges and shared solutions, including behavioral
Role of technological innovation
Importance of data
Israel-California MOU MOUWork together to find opportunities to advance the ball, e.g.,
Developing irrigation technology clearinghouse with partners including Milken to connect our agricultural sector with the innovation that we need.
Work on coming up with financing mechanisms, education/R&D plans
Hosted several delegations of Israeli water experts.
Most important—developing relationships and convening. Inspiration and connection.
90
GOAL: 100% renewable energy, 100% locally sourced water, & enhanced ecosystem health by 2050
UCLA Grand Challenge: Sustainable LA
Turf Replacement – A $500 Million+ Social Engineering Conservation Experiment in Southern California
Wastewater Treatment Plant of the Future (WWTPoF)
Energy positive
Fresh water for Indirect Potable
Reuse/Direct PR
Reduce ocean discharge
Source of nutrients
Profit center for cities