3rd Jun 2015
Whilst the new ambitious Sustainable Development Goals (SDGs) are being finalised, an equally important discussion is going on: how do we finance their achievement?
Addis Ababa is hosting a UN Financing for Development conference from 13 to 16 July 2015 on this topic. In preparation for the Financing for Development conference, IRC hosts a seminar on how the water and sanitation SDGs can be financed, and particularly what role Domestic Resource Mobilization plays in this.
Domestic resource mobilization for WASH refers to the need to increase public finance. Many countries will need to increase their tax revenue, and make sure that available resources are well targeted, and complementary to tariffs and private finance. Public finance is critical for reducing inequalities and achieving the ambition of universal coverage. Check out our new website on Public Finance For WASH for more on this topic!
Domestic resource mobilization also refers to encouraging private investors to focus on the water sector. Pension funds in many developing countries are growing rapidly and looking for secure long-term investment opportunities in infrastructure. Well-performing utilities are issuing bonds to finance expansion of their networks. How can investors and utilities be brought together to mobilize these opportunities? And what regulation is needed for that?
At the IRC Event we will introduce the need for domestic resource mobilization for the WASH sector, and explain what this concept means. In addition, there will be presentations on specific measures to mobilize private financing for water investments, based on the example of the Dutch Waterschapsbank.
Please find some background information to orient yourself – read Finance Brief 4: DRM and WASH in the Financing for Development agenda
Download the Programme and Speakers'bios here or view the headlines here below:
|16.30 - 17.00||Registration and coffee|
|17.00 – 17.10||Opening and welcome (Patrick Moriarty, CEO, IRC); Moderation (Stef Smits, Senior Programme officer, IRC)|
|17.10 – 17.25||Domestic resource mobilization; what is it actually? (Catarina Fonseca, Head Innovation and International Programme at IRC)|
|17.25 – 17.40||Financing the Dutch water sector; the experience of the Nederlandse Waterschapsbank (Frenk van der Vliet, Director at NWB)|
|17.40 – 17.55||Mobilising public finance: why, how and for what? (Sophie Trémolet, Director at Trémolet Consulting)|
|17.55 – 18.30||Discussion|
Closure and drinks
Join us and participate in the discussion around ways to increase domestic resource mobilization for water, sanitation and hygiene services and network with other sector colleagues.
For more information on the event and to be kept informed about future events please contact us at firstname.lastname@example.org
We hope to meet you on June 3rd in The Hague!
IRC runs thematic events in The Hague, open to all interested parties. They aim to bring together professionals to network and discuss hot topics in the water, sanitation and hygiene sector. They are forward looking and multidisciplinary in nature presenting the latest thinking from governments, NGOs, private sector and academia.
In 2015 were:
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