More than 150 institutions have announced plans to boost U.S. water infrastructure in collaboration with the Obama administration’s efforts to address water challenges. The initiatives, which include nearly $5 billion in private funds for projects and research and development nationwide, were announced at a water summit held at the White House on March 22.
Some of the largest private commitments include $500 million from the General Electric Co. and $300 million from Xylem investments for water infrastructure technologies.