New Water Policy and Practice Volume 1, Number 1 - Fall 2014 | Page 26

New Water Policy and Practice approved the “Water Opportunities Act” as a means of better engaging the private sector and creating new economic activities. A number of ensuing actions, including a Water Technologies Acceleration Project (or WaterTAP), have demonstrated that creating the right incentives can yield positive results in both economic and political sense. Gaps in knowledge and scientific evidence play a relatively minor role in achieving gainful engagement of the private sector. Nonetheless, the most obvious gap is in not having successful business models f