"Water is key to our future prosperity, and together we can achieve a water wise world."
Climate change, ecosystems, and water management present new and challenging risk synergies. How can we use an investment, insurance, and regulatory framework that encourages more green or hybrid (green/grey) solutions to emerging water problems, such as flooding, droughts and extreme weather events? How do we incentivize having more green opportunities for risk management? This session aims to address:
• What is the appropriate role for insurance, investment and regulation in the adoption and mobilization of (green) infrastructure for addressing risks from natural hazards?
• What barriers prevent the adoption of green infrastructure for water and climate risk avoidance?
• What are the other opportunities to integrate green infrastructure into investment and risk avoidance portfolios?
• How to ensure that green opportunities are more seriously considered and developed as credible alternatives for new and emerging risks from natural and human hazards?
The outcomes of this event will contribute to a policy brief addressing the opportunities for engagement for the insurance sector will be produced.
This event is intended for city planners, municipal and regional leaders, development agencies and regulators who are interested in implementing NBS at the municipal scale, as well as financiers who are looking for avenues to invest and who can speak to the barriers.
Impacts from climate change pose many challenges to water and sanitation development and management. This includes changing patterns of both supply and demand for water resources, affecting function and operations of existing water and sanitation infrastructure, increasing frequency of extreme weather events, and changing ecosystems and their functions. They also alter human migration patterns. Evidence shows that the poor and ethnic minorities are more vulnerable because they can be highly exposed to climate extremes and because their adaptive capacity is often lower. If poorly undertaken, adaptation processes can potentially exacerbate inequalities, causing maladaptation. Undue burden is often placed on women and youth, although these groups also play a key role in achieving successful adaptation. Equitable adaptive capacity building requires addressing not only climate-related risks but also socio-economic structural deficits. Successful adaptation must therefore address dilemmas of equality, many of which are most acute in vulnerable communities across the world. This seminar will take place over three sessions throughout the day.
The first Forest Water Champions workshop in August 2017 resulted in a statement on the interlinkages between forests and water, and the importance of acknowledging them in the 2030 Sustainable Development Agenda. The second workshop in August 2018 resulted in a joint statement submission to the Talanoa Dialogue within the UNFCCC COP 24. This year's workshop will focus on the extent to which existing intended nationally determined contributions' (INDCs) acknowledge and consider the forest water linkages, and/or have a systems approach to addresses resilience, climate, mosaic landscapes, and people. What needs to be improved in this regard in order to reach targets for climate change mitigation and adaptation? Following the workshop, organizers will submit a set of recommendations to the UNFCCC for how the NDCs can be improved with regards to forest-water interlinkages supporting climate change mitigation and adaptation.
Both climate change and economic development are affecting water availability. Changes in water availability in river catchments impact riverine and estuarine ecosystem services and hence societies. This session will interactively explore innovative methods that may improve the development of sustainable water resources management strategies for ecosystems and societies in river catchments and river deltas, using environmental flows as guiding principle. The session starts with a limited number of presentations demonstrating different cases from various regions of the world that use innovative methods to develop sustainable water resources management strategies for lively rivers and deltas. For the second part we will invite representatives of governments, NGO’s, environmental protection agencies, financing institutions and other participants to discuss (using world café format) the new approaches to support the implementation of ecological flows in rivers and deltas as a strategy to ensure water for ecosystems and society. The session will close with a plenary feedback from the discussion tables. Additionally, we will engage the audience during different stages of the session by inviting the audience to share their opinion about statements. To have instant audience feedback we will use a smartphone app. As a result, the session will be interactive from start to finish.
In 2017 alone nearly 100 million people were directly affected by natural disasters, 78% of which were the result of floods, storms or drought. While water is often the instrument of disaster, it is also a key to resilience in the face of climate change and essential to sustainable development, peace, security, and economic wellbeing. At World Water Week 2018, we featured practitioners working in diverse geographies and across a range of sectors and scales to improve community climate change adaptation and DRR. Practitioners understand adapting to increased climate variability means managing new and shifting natural hazard risks, and they are seeking solutions that address both. They emphasized that DRR pathways need to promote resilience that emphasizes self-reliance. At the global policy level, the UNFCCC’s Adaptation Committee recently released a technical paper on linking climate adaptation and DRR, alongside a new 3-year workplan that includes activities around improving these connections. UNISDR has long recognized that climate change is a key driver of disaster. What remains less evident are mechanisms to link these policy communities. This interactive session will demonstrate innovative ways that water can serve as an effective, necessary bridge between the two, aligning policy and practice at all levels.
The event will begin with a brief introduction followed by ignite presentations from representatives of key players in the water impact investing space: an investor in a specific water project talking about his/her experience, a sustainable water management practitioner on the evidence for a particular impact, a prospective investor on criteria used for decision-making and potential barriers to investment, and the lead of the Global Impact Investing Network’s sustainable water management ‘Navigating Impact’ theme, which will have launched in July 2019. These presentations will tee up a session with event attendees in which small groups, led by the ignite speakers, will each address a different pre-determined question designed to spur discussion between water resource practitioners and investors. The event will then move to brief report-backs followed by a facilitated discussion focused on actionable steps for increasing effective impact investing in the water space. Guiding questions will relate to the impact measurement needs (e.g. metrics, targets) of investors, how impact investors can contribute to SDG 6, the evidence base for the impacts of established and emerging sustainable water management strategies and the identification of key evidence gaps, and the challenges of developing investable projects and how practitioners might help.
Over decades, donors, implementers and researchers have debated how to increase the reach, impact, effectiveness and sustainability of water and development funding. This has led to widely acknowledged principles, best practices and evolving funding modalities, reflected in declarations like WASH Sustainability Charter, approaches like results-based financing and alliances between dedicated organizations and donors.
This event contributes to the ongoing discourse with a dedicated look at three well-known but persistent challenges:
(1) How can water-related projects effectively form alliances and co-design sustainable solutions with local stakeholders, when funders require specification of results in advance?
(2) How do evaluation metrics and Key Performance Indicators (KPIs) impact the performance of WASH programmes, and how to we prevent that KPIs discourage systemic interventions with high but long-term impacts?
(3) How can donors and implementers better incorporate learnings about past WASH investments to increase reach, impact, effectiveness and sustainability?
The event will present and contrast lessons and recommendations donors and implementers draw from recent project experiences and ex-post evaluations. Using a World Café format, the session will invite critical and in-depth discussion between funders, researchers, implementers and beneficiaries, to share key learnings on program effectiveness, and reality-check guidelines and practice recommendations from multiple perspectives.
This interactive session highlights the relevance of wetlands for reaching our global climate change mitigation and adaptation goals. Wetlands function as substantial natural carbon sinks and, thus, can contribute to the mitigation of greenhouse gases; peat soils alone cover 3% of the global land surface but hold twice as much carbon as the world’s forests. For many people, especially the rural poor, wetlands provide livelihoods, food and water and the natural water storage capacity of functioning wetlands can significantly buffer the effects of climate change, in particular floods and droughts. As such, wetlands should be invested in, not degraded or drained.
Despite their high carbon storage capacity, few countries address the role of wetlands for reaching climate goals in their NDCs. Natural wetlands continue to be lost at an alarming rate. For communities already struggling to cope with wetland degradation, climate change induced stresses may lead to more unsustainable practices, such as increased water extraction, turning carbon sinks into sources.
We explore ways that national and global policies can connect climate goals and the conservation and management of healthy wetlands systems. Locally we highlight joint initiatives across the conservation and development sectors supporting local people in the implementation of wetland wise-use strategies.