Publication:
Scaling Up Finance for Water: A WBG Strategic Framework and Roadmap for Action

dc.contributor.authorKhemka, Rochi
dc.contributor.authorLopez, Patricia
dc.contributor.authorJensen, Olivia
dc.date.accessioned2023-08-17T16:38:41Z
dc.date.available2023-08-17T16:38:41Z
dc.date.issued2023-08-17
dc.description.abstractWater is a critical natural resource, a global public good, and an essential service. Water security is central for countries to achieve long-term development objectives in the current context of climate change, including protecting infrastructure assets, safeguarding agricultural production, producing sustainable energy, and protecting vulnerable populations. However, water resources are under severe stress and water services delivery is deficient due to underinvestment in the sector. Current levels of global investment in water are inadequate to meet the water sustainable development goals (SDGs) and address climate impacts. Large, coordinated flows of public, concessional, and private capital are needed to compensate for decades of underinvestment in the water sector, and to meet present and future challenges. Governments have a leading role to play in establishing the enabling conditions and necessary reforms to facilitate a greater flow of public and private finance for required water sector investments. International financial institutions and multilateral development banks need to support these efforts, together with other stakeholders, at the country level. The private sector, in addition to being a key user of water resources and a beneficiary of water services, has an important role to play in providing financing, innovative approaches, and expertise, as well as absorbing risk, with aligned incentives for achieving targets and efficiency levels. The World Bank Group recognizes the water-climate-food-energy nexus and the importance of a water secure world for all. The World Bank Group’s scaling up finance for water strategic framework outlines actions and priorities for national governments, the World Bank Group, and other development partners to improve the planning and mobilization of funding and financing for water sector investments, and to promote efficiency in spending. It aims to do so by optimizing the contributions of the public and private sectors and facilitating greater engagement of the private sector in the provision of capital, innovation, and expertise.en
dc.identifierhttp://documents.worldbank.org/curated/en/099081523115515232/P1801320fb80dc0690b8f50f470c7aa8bc1
dc.identifier.doi10.1596/40225
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40225
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectWATER INSECURITY
dc.subjectCLIMATE CHANGE
dc.subjectINVESTMENT CHALLENGE
dc.subjectFINANCE
dc.subjectSUSTAINABLE WATER SECTOR
dc.subjectCLEAN WATER AND SANITATION
dc.subjectSDG 6
dc.titleScaling Up Finance for Wateren
dc.title.subtitleA WBG Strategic Framework and Roadmap for Actionen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleScaling Up Finance for Water: A WBG Strategic Framework and Roadmap for Action
okr.date.disclosure2023-08-17
okr.date.lastmodified2023-08-16T00:00:00Zen
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099081523115515232/P1801320fb80dc0690b8f50f470c7aa8bc1
okr.guid099081523115515232
okr.guid099081523115541106
okr.identifier.docmidP180132-fb80dc2a-1382-4869-b8f5-f470c7aa8bc1
okr.identifier.doihttp://dx.doi.org/10.1596/40225
okr.identifier.externaldocumentum34144408
okr.identifier.internaldocumentum34144408
okr.identifier.report184518
okr.import.id1528
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099081523115515232/pdf/P1801320fb80dc0690b8f50f470c7aa8bc1.pdfen
okr.region.geographicalWorld
okr.themePublic Private Partnerships,Rural Water and Sanitation,Mitigation,Infrastructure Finance,Rural Development,Environment and Natural Resource Management,Finance for Development,Finance,Private Sector Development,Rural Infrastructure and service delivery,Urban Water and Sanitation,Water Resource Management,Climate change,Urban and Rural Development,Adaptation,Flood and Drought Risk Management,Water Institutions, Policies and Reform,Disaster Risk Management,Urban Development
okr.topicWater Resources::Water Economics
okr.topicWater Resources::Freshwater Resources
okr.topicFinance and Financial Sector Development::Access to Finance
okr.unitWRG 2030 (SWARG)
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