The Policy & Practice of Climate Change & Water

December 2017

AGWA Updates: December 2017

We have just released the latest issue of AGWA Updates, our internal e-newsletter. You can access the December issue by clicking here. You'll want to check out this issue to learn about the incredible amount of activity taking place within the AGWA network, including a number of important outcomes from COP23. Plus, as always it is full of the latest news related to climate change, climate finance, policy, and much more. It's well worth your time!

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AGWA Participating in SNAPP Project on Connections Between Land Use Management and Downstream Flows

This guest blog was written by Kari Vigerstol, Director of Water Security Science and Innovation at the Nature Conservancy.
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AGWA will be participating as an implementation partner in a two-year Science for Nature and People Partnership (SNAPP) project that will explore the connections between land use management and downstream flows. This work is critical for increasing our understanding of the scale of impact we can have on mitigating high and low flows through conservation activities such as forest protection, reforestation, agricultural best management practices and others. The driving question that the working group will address is: to what extent, and under what circumstances, can source water protection activities be expected to produce meaningful baseflow, groundwater recharge, and flood impacts, both under current and future climate conditions? The project is being jointly led by The Nature Conservancy1, the Natural Capital Project and Conservation International, with implementing partners AGWA and Forest Trends.
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COP23 Water Action Day Outcome Document

The 2nd annual Water Action Day, held 10 November 2017 at COP23 in Bonn, Germany was largely successful, bringing together an exceptional group of over 100 speakers representing a diverse range of stakeholders and viewpoints including national and international financial institutions, national ministries, farmers organisations, NGOs, basin networks, civil society, the private sector, local governments, indigenous groups, and youth. The organizers, including AGWA, recently published the Water Action Day Outcomes Document, which gives a brief overview of our priorities over the next few years and will guide our actions during this time. These include:
  • Scale up collaboration between Climate and Water communities in preparation of the COP24 and beyond by contributing to the Global Climate Action Marrakech Partnership and the overall UNFCCC process, showcasing how wise water management can support the delivery of the Paris Agreement, the 2030 Agenda and the Sendai Framework targets.
  • Through the water-focused basin networks, continue efforts to expand and improve adaptive water management projects and increase the capacity of basin communities to address climate adaptation and mitigation.
  • Improve and increase water-sound climate financing by working with a broad spectrum of finance institutions to ensure mechanisms are in place for water-intensive climate investments to adopt resilient water resource management, in order to better respond to uncertain climate impacts.
The full document is available here: http://alliance4water.org/resources/cop_23_outcome-waterday_final.pdf.
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Ceres Launching an Investor Water Toolkit

Ceres is a nonprofit organization focused on transforming the economy to build a sustainable future. To support this vision they are launching the Investor Water Toolkit, the first-ever comprehensive resource to evaluate and act on water risks in investment portfolios. The Toolkit is free to use, though it will require logging in to Ceres' website. Accounts are free and quick to set up.

Within the Toolkit, users will receive "how-to" guidance and decision making support for investors. Tools are separated into five easily accessible and understandable modules (see more below). Ceres will also be hosting a webinar exploring the Investor Water Toolkit on 11 January 2018 (details below).
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New Episode of AGWA's "ClimateReady" Podcast - Climate Finance & Green Bonds

The latest episode of AGWA's ClimateReady Podcast is now out! This episode focuses on the critical role of climate finance in achieving the SDGs as well as the need for standardization within the green bonds market. It features an interview with Anna Creed of Climate Bonds Initiative. In 2017 alone the green bond issuances topped $100bn USD. That's one way that we can help fund a sustainable future! But, there is still need to scale up investments in climate bonds within the nearly $100 trillion broader bond market. Take a listen below to find out more! And, don't forget to check out other episodes on AGWA's Knowledge Platform and subscribe through SoundCloud or iTunes!



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