Jerusalem Institute for Israel Studies Milken Innovation Center California-Israel Global Innovation Partnership FINANCIAL INNOVATIONS LAB® New Models for Financing Water Sustainability Jerusalem Institute for Israel Studies Milken Innovation Center Teddy Kollek Conference Hall 20 Radak St., Jerusalem July 13, 2015 8:30– 9:00 am: Registration and Breakfast ________________________________________________ 9:00– 9:15 am: Welcome and Introductions Prof. Glenn Yago, Milken Innovation Center, Jerusalem Institute Prof. Yoram Cohen, Water Center, UCLA Prof. David Sunding, Water Center, UC Berkeley Key questions to be addressed: 1. How to leverage opportunities in the regulatory, ownership, management, technology and financial systems in the water economy in Israel and California? 2. How to build a system for technology development, transfer, and deployment of sustainable water systems in California and Israel? 3. How to involve translational research, business, finance, and policy leaders in Israel and California in organizing program, project, and policy initiatives that will accelerate relevant sustainable water solutions? ________________________________________________ 9:15– 10:15 am: Framing the Question: Comparing the California and Israel Water Context Moderated Discussion Speakers: Prof. Yoram Cohen, UCLA Water Center Prof. Avner Adin, Hebrew University of Jerusalem and Adin Holdings Prof. Uri Shani, Hebrew University of Jerusalem; Former Israel Water and Sewage Commissioner Kathleen Brown – Manatt Phelps and Phillips; Former Head of Goldman Sachs Public Sector and Infrastructure Group; Former California State Treasurer 1 Jerusalem Institute for Israel Studies Milken Innovation Center Respondents: Zohar Yinon, Gihon-Jerusalem Water and Sewage Company Booky Oren – Global Water Partnership Hub; Former Chair, Mekorot Scott Houston, West Basin Municipal Water District David Alvarez, Councilmember, City of San Diego Robert Feyer, Orrick 1. What are the main problems/opportunities? What are the key barriers? 2. How do we diagnose the problem? 3. What are the components of possible solutions (e.g. finance, organization, governance, disruptive technologies, etc.)? 4. Who needs to be involved? (research, government, industry, finance, tech assistance, etc.) ________________________________________________ 10:15 – 10:30 am: Break ________________________________________________ 10:30 -11:00 am: Monitoring and Water Efficiency 1. How do we build a cost avoidance model to finance recycling and recovery of nonrevenue water? 2. How do we implement new management and command/control systems using stateof-the-art technologies in legacy system? 3. How to ensure the highest and best uses of water? Speakers: David Arison, Miya Amir Cahn, SWAN (Smart Water Networks Forum) Ariel Stern, Ayyeka Respondents: Kristen Victor, Sustainability Matters, San Diego Water Task Force Ofir Max, Bermad Water Controls Yosi Twina, Arad Technologies ________________________________________________ 2 Jerusalem Institute for Israel Studies Milken Innovation Center 11:00-11:30 am: Water Recycling and Quality 1. How will California achieve Israeli levels of water recycling? 2. How do we insure water quality with intensified and distributed sources? 3. How to optimize mix of sources, including aquifer, desalinated, waste water, rainfall, stone, and brackish water sources. Speakers: Phyllis Posy, Strategic and Regulatory Affairs, Atlantium Eytan Levy, Emefcy Respondents Hezi Bilik, Chief Engineer and Technology, Israel Water Authority Prof. Brian Berkowitz, Scholl Center for Water Research and Climate Change, Weizman Institute Diego Berger, Mekorot ________________________________________________ 11:30-12:00 pm: Desalination 1. How do we expand desalination and water mixing? 2. How to mitigate the energy costs? 3. How to mitigate environmental impacts? Speakers: Udi Tirosh, IDE Technologies Avram Tenne and Hila Gil, Israel Water Authority Respondents: Rafi Semiat, Rabin Desal Lab, Technion Tamar Zohari, National Association of Oceanography Yosef Dreizin, Israel Water Authority ________________________________________________ 3 Jerusalem Institute for Israel Studies Milken Innovation Center 12:00-12:30 pm: Aquifer Management 1. How can we manage water storage and aquifer remediation? 2. How to finance the implementation of Groundwater Management Act? (e.g. artificial recharging, etc.) Speaker: Prof. James Famiglietti, UC-Irvine, Jet Propulsion Laboratory/NASA Respondents: Scott Houston, West Basin Municipal Water District Diego Berger, Mekorot ________________________________________________ 12:30-1:00 p.m: Agricultural Use and Distribution of Water 1. How do we maximize water efficiency in agriculture? 2. What financial incentives are needed to increase adoption of new technologies? (E.g. commodity agriculture, small holder agriculture, precision agriculture, etc.) Speakers: Naty Barak, Netafim Iris Yedidia, Volcani Institute and Eli Cohen, Ayala Water and Ecology Madhyama Subramanian, University of California – Milken Innovation Center/UC-Berkeley, Global Fellow Respondents: Roi Adar and Nissim Danielly, Autoagranom Shaul Rom and David Cohen, RealiteQ ________________________________________________ LUNCH 1-2 p.m. ________________________________________________ 4 Jerusalem Institute for Israel Studies Milken Innovation Center 2:00-3:00 p.m: Solution sets for a sustainable water economy Moderator: Michelle Moskowitz, Office of the Chancellor, UC Berkeley Respondents: Zvi Arom, Director, TaKaDu Tim Strobel, Opterra Energy Oded Distel, Israel New Tech, Ministry of Economy Raanan Adin, Adin Holdings Robert Feyer, Orrick Alon Messer, Ministry of Finance, Budget Office Industry development 1. What are the opportunities and disconnects in the water, energy, food nexus? 2. How can capital be deployed to strengthen and leverage the linkages among these connections? 3. How to balance the competing and complementary interests between water conservation and production? Business, project development, and technology co-innovations 1. What are the opportunities to leverage the water value chain to strengthen the sector and accelerate growth? 2. What business development and financial models can be deployed to attract talent, capital, technology and financial co-innovations? ________________________________________________ 3:00-4:30 p.m: Co-innovations Opportunities for Policy and Projects 1. What can be done? 2. How can it be done? 3. Forming teams, next steps, and schedule Moderated Group Discussion - Glenn Yago, Closing Remarks: Kathleen Brown, Robert Feyer, Yoram Cohen, David Sunding ________________________________________________ 4:30-6:00 p.m. Closing Reception and Special Guests Jerusalem Institute for Israel Studies Garden Special thanks to the financial sponsors of the California-Israel Global Innovation Partnership, including The Rosalinde and Arthur Gilbert Foundation, Blum Capital Partners, LP, Jacobs Investment Company LLC, Leichtag Foundation, Arison Group, and the Milken Institute. 5