830 million people living in cities around the world lack access to running water in their homes. With increasing urbanisation, that number is growing. On World Water Day 2020, CityTaps CEO Grégoire Landel details the company’s digital solution – CTSuite – and vision to bring running water to every urban home.
This year’s World Water Day is about water and climate change – and how the two are intricately linked. We all have a role to play in using water more efficiently and must take what small actions we can to address climate change.
Here at CityTaps, our vision is to help bring running water to every urban home. To this end, we create financial and technical innovations to help utilities serve 100% of the people 100% of the time.
Our goal is to reach three million people by the end of 2023. Our solution (CTSuite) comprises the world’s only prepaid smart meters and a software management system. CTSuite helps bridge the financial gap between the urban poor and water utilities. Our project with the national water utility in Niger is expanding to 10,000 CTSuites in 2020. We have other projects in Burkina Faso, Ecuador, Kenya, and Senegal.
Our innovative solution has the potential to dramatically and quantifiably improve the lives and well-being of a billion people who do not have access to water in their homes. CTSuite helps water utilities improve service for all urban people: it helps water utilities efficiently collect what is owed to them for service provision; and look for leaks so that there’s more water for more people. Individual subscribers can pay-as-they-go for water service at home, with any phone, at any time, for any amount.
CTSuite secures the financial flows between utilities and their subscribers, and so makes it possible for commercial investors to finance water utilities previously deemed too risky. We hope that this will help unlock some of the capital necessary to reach Sustainable Development Goal 6 – Ensure availability and sustainable management of water and sanitation for all.
We are proud to be able to play a small role in increasing efficient water use by encouraging people to conserve water because they pay for it upfront (water budgeting), and by helping the water utilities reduce non-revenue water.
We take this opportunity to thank all of our investors and supporters who continue to collaborate with us and believe in our vision of bringing running water to every home.