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Addressing the financing challenges that result from the adoption of the water Sustainable Development Goal (SDG).

TitleFinancing options for the 2030 water agenda
Publication TypeBriefing Note
Year of Publication2016
AuthorsKolker, J.E., Kingdom, B., Tremolet, S., Winpenny, J., Cardone, R.
Secondary TitleWater Global Practice knowledge brief
Pagination12 p. : 4 fig., 1 tab.
Date Published11/2016
PublisherWorld Bank
Place PublishedWashington, DC, USA
Publication LanguageEngish
Abstract

The water sector is not well equipped to face the new financing challenges that it faces to achieve Sustainable Development Goal 6 (SDG6), which covers all aspects of water, water resource management, and irrigation and their sustainability.

A new sector financing paradigm is required based on four broad themes. The sector has to realign itself around actions that (a) improve sector governance and efficiency (i.e., improving creditworthiness), (b) crowd in or blend private finance (i.e., leveraging capital ), (c)  allocate sector resources more effectively  to deliver the maximum benefit for every dollar invested (i.e., targeting capital), and (d) improve sector capital planning to reduce unit capital costs (i.e., minimising capital requirements).

This document summarises the characteristics of current sources of financing in the sector, identifies the key challenges and opportunities to mobilising new sources of sector finance, and lays out a series of recommendations to address the financing challenges that result from the adoption of the water SDG.

Notes

Includes 6 ref.

URLhttps://openknowledge.worldbank.org/handle/10986/25495
Citation Key83182

Themes

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