More than a year after the beginning of the global pandemic, Covid-19 cases are finally dropping, the population is preparing itself for a period of deconfinement, and the government is planning the country’s economic recovery.
The announced budgets are geared towards a green economic recovery by investing billions of dollars into initiatives aiming to reduce greenhouse gas emissions in order to reach carbon neutrality by 2050. This is of course a big step towards a more sustainable future, but the De Gaspe Beaubien foundation wants to make sure that the future of the Blue Economy isn’t pushed to the side in favour of a green economy; both go hand in hand.
The Water Crisis and the Importance of a Blue Economy
By 2030, nearly 60% of the world’s population will run out of water. The water crisis is real, and not only for our neighbours; it is a problem here as well. Only nine out of all the countries own 60% of the world’s drinking and fresh water. Canada owns almost 20% of the world’s renewable fresh water.
As we continue to use water excessively, the pressure on these privileged countries will become immense. Canada is not protected from potential international conflicts: think about our neighbouring country, the United States, of which a large portion of their territory is plagued with unprecedented droughts.
The De Gaspe Beaubien family believes deeply in a prosperous national economy and an economic recovery through the support and investment of water technology projects. A Blue Economy requires a collective effort and we are counting on the government, young entrepreneurs, and private investors to stimulate the portion of the economy related to water preservation.
“We have always been an entrepreneurial family, and we firmly believe that the passion and commitment of entrepreneurs can both stimulate our economy and protect our environment.” -Nan.B
Technological Innovation at the Service of Water
Since it’s creation, AquaHacking has always been ahead of its time in regard to technological innovation in the field of water. The last few years’ efforts to create the best support programs for young entrepreneurs to develop innovative solutions in the field of water have been remarkable.
The efficient deployment of the technology to make the environmental solutions progress is complex and requires a combination of technical expertise, funding, infrastructure, knowledge, and skills. Innovation must be financially supported and be part of the municipal, provincial, and federal public services’ organizational culture.
AquaHacking: supporting the young talents who hold the solutions of tomorrow
The De Gaspe Beaubien family believe in a Blue Economy and the AquaHacking initiative is an opportunity to support the individuals and organizations who work each day to tackle environmental challenges by helping them to accelerate the rhythm and precision of their efforts.
AquaHacking is the beginning of an innovation continuum and the Family is proud to play an important role in the initiative.
“I strongly believe in this new generation’s ability to deploy the latest technology advances, as AI, in starting new businesses. I invite all of us to support them. It is the least we can do for them.” -Dominique Monchamp