State Profile: Arizona Water Market

Arizona needs a combined US$18.55 billion over the next 20 years to keep its drinking water and wastewater systems ahead of demand, but the bigger story is what is forcing the spend. As one of the fastest-growing states in the country, with a population over 7.6 million, Arizona draws on a shrinking Colorado River and is compelled to govern groundwater more aggressively than almost anywhere else in the U.S.

Sample Takeaways:

• Water scarcity is creating the urgency needed to fuel new opportunities
• Groundwater governance is a critical determinant of Arizona build-out
• Funding is expanding, but its foundation is unstable