“One of the downsides of that is that you lose scale and are creating a certain amount of inefficiencies,” said Steve Zecher, at the Milken Innovation Center.
As California deals with one of the worst water crises in its history, a solution may be found in the Middle East, where Israel is turning desert into farmland.
“California will never see normal rainfall amounts again,” said Levine, who added that in Israel, too, “the reality is that there is simply not enough water, even in years that there is [...]
Israel’s banking system in its current set up is not equipped to make credit available to poor and underserved populations, according to a study by the Milken Institute.