UAE President witnesses Mohamed bin Zayed Water Initiative and XPRIZE partnership

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has witnessed the announcement of a partnership between the Mohamed bin Zayed Water Initiative and XPRIZE, with an investment of $150 million to launch the XPRIZE Water Scarcity competition, which has a total prize purse of $119 million.

The five-year global competition aims to encourage innovators around the world to focus on transforming the reliability, affordability and sustainability of water desalination technologies.

The Mohamed bin Zayed Water Initiative is dedicated to raising the importance of water scarcity on the international agenda and accelerating the development, testing and deployment at scale of transformative and sustainable technological solutions to address the threats it poses to people, businesses and communities worldwide. Working with its partners, the initiative seeks to harness the power of targeted investment, accelerated technological innovation and expanded international cooperation to address this worsening challenge.

Read the full story here: https://gulfnews.com/uae/government/watch-uae-president-witnesses-partnership-announcement-between-mohamed-bin-zayed-water-initiative-and-xprize-1.101363687

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