Ireland's ability to achieve sustainable use of water is under long-term threat unless immediate action is taken, an environmental expert has warned.
According to the latest industry trends, the country's water and wastewater infrastructure will fall short of needs without continued government investment.
Speaking to delegates at the fifth annual Environment Ireland conference in Dublin, Teri Hayes, Director, WYG Ireland said: "The situation in relation to water is now reaching a critical phase.
"If we are serious about building a smart green economy with sustainability at its heart; water metering charges, legislation, public information, quality standards and availability of water saving technologies all have a place to play in maintaining a sustainable water environment throughout Ireland."
Mr Hayes claimed delays in upgrading water infrastructure will have long-term impacts on the environment and economic growth.
He highlighted the significant inefficiencies that currently exist and the scope for improvements, particularly around water conservation and cost management.
Mr Hayes cites said over the last three years, WYG Ireland has worked with many different business types from hotels to public buildings to garden centres, in significantly reducing their water and energy costs.
"In many cases, businesses are literally pouring their profits away with the financial equivalent of just under 40 bottles of champagne going down the drain every minute in wasted water," he added.
(PR/GK)
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