- United Nations researchers report billions of people worldwide lack safe drinking water and safely managed sanitation, and that the conditions are worsening each year
- Innovative green tech engineering services company Energy and Water Development is building its technology portfolio to address the water concerns, as well as similarly situated global energy needs
- EAWD has filed patent applications for its green tech and derivative services in the United States and internationally
- The company also entered into a joint MOU with a 200,000 resident municipality of Mexico City, where drought is threatening the metropolis’ water supply, to use its Atmospheric Water Generating (“AWG”) technology to help alleviate the water crisis
A report last year (updated in February of this year) by the United Nations Educational, Scientific and Cultural Organization (“UNESCO”) observed that over a quarter of the world’s population lacks “safe drinking water” and nearly half “lack access to safely managed sanitation,” with between 2 billion to 3 billion people experiencing “water shortages for at least one month per year” as part of a worsening trend (https://ibn.fm/xMe5s).
Mexico City, one of the world’s most populated cities, with nearly 22 million people, is at risk of running entirely out of water before the rainy season begins in the fall, according to some experts (https://ibn.fm/BYuXA).
Florida-based green tech engineering services company Energy and Water Development (OTCQB: EAWD) has signed a joint memorandum of understanding (“MOU”) with a municipality within the Mexico City to provide its patent-pending water generation services as the company builds its mission of using green technology to make access to clean water a universal right.
EAWD announced in March that it filed with Mexico to patent its innovative self-sufficient energy supplied system for generating atmospheric water (“AWG”) plus a novel method to control the system (https://ibn.fm/kCXP9).
In addition to its off-the-grid AWG water generation, EAWD is developing off-the-grid water purification systems, off-the-grid electric vehicle charging stations, and off-the-grid battery energy storage power systems. This is according to the company’s recent amended filing to register as a public operation in preparation for its anticipated listing on the New York Stock Exchange (NYSE) (https://ibn.fm/o1VKu).
In April, the company filed a patent application in the United States for its technology, building on the international patent application PCT/EP2021/074299 and other filings in Canada, Mexico, Brazil, and Colombia (https://ibn.fm/OVzQc).
“With water scarcity becoming an increasingly pressing issue globally, our innovative technology offers a ray of hope by providing a reliable source of clean water while reducing reliance on traditional water sources,” CEO Irma Velazquez stated in one of the announcements.
Each year, World Water Day in March provides the United Nations a forum for addressing freshwater accessibility for the planet’s populations and a focus for its efforts to advocate for the sustainable management of resources that deliver fresh water worldwide. This year’s event highlighted the role of water access in establishing peace between nations.
UNESCO’s report predicted urban populations facing water scarcity worldwide will double between 2016 and 2050, adding “the growing incidence of extreme and prolonged droughts is also stressing ecosystems, with dire consequences for both plant and animal species.”
EAWD is an UN-accredited vendor.
“We set out to establish an outsourcing green tech platform to commercialize our state-of-the-art technologies while providing engineering and technical consultation services to design the most sustainable technological solutions that can provide water and energy,” the company’s amended registration filing with the Securities and Exchange Commission (“SEC”) states. “We believe that we are poised to become a pivotal player in an industry that is not only rapidly expanding, but also unlocking numerous new markets in response to these urgent environmental issues.”
For more information, visit the company’s website at www.Energy-Water.com.
NOTE TO INVESTORS: The latest news and updates relating to EAWD are available in the company’s newsroom at http://ibn.fm/EAWD
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