The Mohammed bin Zayed Water and World Bank initiative signs a memorandum of understanding to address the challenges of global water scarcity
Dubai February 11 / WAM / The Mohammed bin Zayed Water and World Bank initiative today signed a memorandum of understanding to unify efforts to accelerate innovation and investment to address the crisis of global water scarcity and enhance water security around the world, on the sidelines of the Global Summit of Governments 2025.
The Memorandum of Understanding was signed by Aisha Al -Ateeqi, Executive Director of the Mohammed bin Zayed Water Initiative, and Osman Dion, Vice President of the World Bank for the Middle East and North Africa.
This partnership aims to face serious challenges in the field of water security and enhance innovative solutions to ensure sustainable water management.
The prospects for enhancing cooperation in several major areas such as innovation in the field of water security, increasing the efficiency of water supplies, reusing and sustaining them, financing water scarcity solutions, and enhancing cooperation opportunities with the public and private sectors and international organizations to contribute to directing and supporting innovative solutions to address and testing water security challenges and testing them And its development.
Aisha Al -Ateeqi, the executive director of the Mohammed bin Zayed Water Initiative in this regard, spoke: “This agreement is in line with the goals of the Mohammed bin Zayed Water Initiative to accelerate the development of innovative solutions to water scarcity and enhance international cooperation to address this increasing threat to global security and prosperity. Through our cooperation with the bank The international, we are seeking together to find realistic opportunities to push the innovation and investment wheel to address the problem of water scarcity to serve the current and future generations. “
“This partnership aims to address the challenges of water security and support innovative solutions to ensure the sustainability of water management,” said Osman Dion, Vice President of the World Bank for the Middle East and North Africa.
He added: “We will work together to enhance best practices for sustainable water management in the Middle East and North Africa region and other areas that suffer from water scarcity. Our cooperation will focus on supporting innovations aimed at promoting and developing vital fields such as irrigation, reusing water and desalination of water within the efforts made to benefit From every drop of water. “
The agreement signed today reflects the keenness of the Mohammed bin Zayed Water and World Bank initiative to joint work on projects and initiatives aimed at enhancing innovation, investment and international cooperation to address the problem of water scarcity, and contribute to global efforts to achieve water security and its sustainability. It also aims to explore new opportunities for cooperation on water -related initiatives with relevant parties from different regions and sectors.
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