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Economic Brief: Investing in a Modern Water and Ecological Data System to Better Serve California

June 19th, 2024

The California Water Data Consortium and Bay Area Council Economic Institute have released an economic brief highlighting the critical importance of investing in modernizing the state’s water data infrastructure. This investment is essential to manage California’s water resources efficiently, adapt to climate change, and ensure safe, affordable drinking water. The brief underscores the potential economic benefits, improved decision-making capabilities, and enhanced security and operation of water systems through upgraded data infrastructure.

Key Takeaways

  • Economic Benefits: Investing $353 million in modernizing water data infrastructure could yield up to $780 million in economic benefits in the water management sector alone.
  • Optimized Investments: With better data, California can optimize its planned $75 billion investment in water infrastructure over the next 20 years, ensuring solid returns and effective use of resources.
  • Enhanced Data Infrastructure: Improved water data systems are crucial for the security and effective operation of California’s water resources, costing less than 0.5% of the state’s yearly water spending.

For more details, read the full economic brief.

Economic Brief