Water Journal : Water Journal March 2011
industry news regular features 22 MARCH 2011 water Action for Global Clean Water Hult International Business School has announced that President Clinton will serve as this year's keynote speaker and personally present awards to the winning team at the 2nd Annual Hult Global Case Challenge. The case challenge is an innovative competition that calls to action the world's brightest business school minds to tackle the world's most pressing issues. This year's competition, in partnership with the Clinton Global Initiative (CGI) and Water.org, an organisation co-founded by Gary White and actor Matt Damon, will focus on developing solutions to the global water crisis. Hult will award a $1 million dollar prize to Water.org for the implementation of the winning solution. As a Clinton Global Initiative member, the Hult Global Case Challenge has committed to working with fellow CGI member Water.org to help tackle the ever-growing issue of global clean water access. Today, one billion people, nearly one in eight of the world›s population, do not have access to clean water. "As cities and slums grow at increasing rates, the water crisis will only worsen, killing thousands and leaving millions with a reduced quality of life," said Stephen Hodges, President of Hult International Business School. "We are truly thankful to have the support of President Clinton, CGI and various business and academic institutions throughout the world in this much-needed endeavour." Water.org was selected from among CGI's 1,800 'Commitments to Action' made by the world's top organisations dedicated to world change. The organisation was chosen by Hult because of it pioneering efforts in the clean water space -- including its WaterCredit initiative, which facilitates small loans for water and sanitation access. The case challenge will consist of two phases: Regional and a Global Final. On March 5, a regional competition will be held in the five cities where Hult has campuses -- Boston, San Francisco, London, Dubai and Shanghai. The winners of the regional competitions will then compete in the Finals in New York City on Thursday, April 28 at the W Hotel. The finalists will present their solutions to a world-class panel of executive judges, and have the opportunity to meet and have their photographs taken with President Clinton. More than 1000 applications from teams at the world's top academic institutions were submitted. Thousands of students have registered to participate in the competition, including students from Harvard Business School, Columbia, NYU, Yale, Stanford, Hult, London Business School, Dartmouth, Duke, MIT, HEC Paris, INSEAD, IE, India Institute of Management, University of Toronto, Carnegie Mellon, American University of Beirut, Tel Aviv University, Peking University, Chinese University of Hong Kong, Hitotsubashi University and Estação Business School, among others. Applications to participate in the event are still being accepted and registration forms can be completed online by visiting: www.hultglobalcasechallenge.com. Selections are announced on a rolling basis. Students can compete at any of the five locations. Ensuring Australia's Mining Future Sixty young geoscientists from the Australian Academy of Science took part in a Think Tank late last year to identify how to ensure Australia continues to be a powerhouse of mining for at least the next century. "In order to maintain Australia's economic wellbeing, we need to do something that has never been done before," said Chair of the Think Tank's Organising Committee. Dr Phil McFadden. "We need to map Australia's sub-surface to the depth of 500 metres." Most of Australia's great mines have been found from rock outcrops on the surface of the earth. Australia is an old continent, so most of its remaining mineral wealth is masked by a thick cover of weathered rock, sediment and soil. The report outlines a set of initiatives to "see through" that material to the ore deposits beneath. "We have literally only scratched the surface of Australia's mineral resources," says Dr Jon Hronsky, Director of Western Mining Services and Chairman of the Board of the Centre for Exploration Targeting in Western Australia. "A few tens of millions of dollars of coordinated research and mapping could reveal hundreds of billions of dollars of potential new mines. We know more about the surface of Mars than we do of the earth beneath our feet. But today the technology exists to look beneath the surface and find the next Olympic Dam. It's not just about discovering mineral deposits; it's also about finding great mines that will last a hundred years." If the initiatives proposed in the report are implemented, they will achieve much more than the discovery of a new generation of world class mines, the earth scientists say. They will also plot Australia's deep groundwater resources, identify potential sources of geothermal energy, improve earthquake prediction across the continent, lead to the development of new technologies and expertise that will be deployable worldwide, and establish Australia as a world leader in deep earth science. For more details of the Think Tank please visit: www.science. org.au/events/thinktank/thinktank2010/index.html. The 2nd Annual Hult Global Case Challenge, in partnership with Water.org, aims to identify solutions to the global cleanwater crisis.
Water Journal April 2011