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with an economic value of over US$3 billion per year.
A World Bank study puts , half of which occurs in developing countries. Water utilities suffer from the huge financial costs of treating and pumping water only to see it leak back into the ground, and the lost revenues from water that could have otherwise been sold. If the water losses in developing countries could be halved, the saved water would be enough to supply around 90 million people.
We refer to it as non-revenue water (NRW), or water that is pumped and then lost or unaccounted for.
The need to manage NRW better and protect precious water resources has become increasingly important. , enhance financial performance, make cities more attractive, increase climate resilience and reduce energy consumption.
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Sustainable Development Goal (SDG) 6 targets “universal and equitable access to safe and affordable drinking water for all”. However,
However, some cities stand out as exceptions. to almost all of their inhabitants? A study I led recently, Providing Water to Poor People in African Cities Effectively: Lessons from Utility Reforms, analyzed how the water utilities in Kampala, Nyeri, Dakar, Ouagadougou and Durban achieved stand-out performance, and how this made a difference for the poor people in these cities.
For every person in Iceland, there are over 200 olympic swimming pools worth of renewable freshwater. However, nearly 1.6 billion people live in countries where water is scarce – a figure that may double in the coming two decades. Annual renewable freshwater levels in Central Asia are expected to diminish to 1,700 m per person - less than one pool's worth by 2030. The theme of this year's World Water Week is "Water for Sustainable Growth". Read more.
With the adoption of the Sustainable Development Goals on water and sanitation (SDG 6), countries of the world committed themselves to change this situation by achieving universal access to safe water and sanitation while addressing issues of water quality and scarcity to balance the needs of households, agriculture, industry, energy, and the environment over the next 15 years.
Recent estimates by the World Bank’s Water and Sanitation Program (WSP) indicate that the present value of the additional investment in the water and sanitation sector alone needed through 2030 will exceed US$1.7 trillion. Existing funding falls far short of this amount; .
At present, most water sector actors in developing countries rely on government lending and concessional financing from national, bilateral or multilateral development banks (MDBs) to mobilize financing for capital investment. These financial sources alone will not be sufficient to finance investments on the scale that is called for by the SDGs. It is therefore essential to mobilize up-front financing from commercial sources as well.
National governments and donors must use their funds in a catalytic manner, as part of broader financing strategies that mobilize funding from sector efficiency gains, tariffs, domestic taxes, and transfers to crowd in domestic commercial finance. If they are able to do so, countries will be much more likely to access the resources they need to improve and expand the infrastructure needed to deliver and sustain universal coverage of water and sanitation services and achieve SDG 6.
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Two years ago, during the 2014 SIWI World Water Week, key international experts discussed the need for a paradigm shift in water consumption: the move from a linear to a circular economy—an economy that is restorative and regenerative by design, and which aims to keep products, components and materials at their highest utility and value at all times.
With global demand for water predicted to exceed viable resources by 40 percent in 2030,and adopt new approaches that allow for this vital resource to be reused as much as possible, and achieve efficient standards for water management.
These previous SIWI World Water Week discussions allowed raising awareness about the adoption of a circular economy as a viable sustainable development strategy; its particular relevance to the water sector, in view of the fundamental and cross-cutting role it has across all sectors; and the combination of regulations and incentives, and strong multi-stakeholder approach, required to allow the market to transform.—moving away from traditional linear water consumption patterns of “take-make-dispose” and heading towards a circular economy approach where wastewater is no longer seen as waste or an environmental hazard, but rather as a valuable resource that contributes to overcome water stress and imbalances between supply and demand —is particularly relevant to the Latin American region, and the 2016 SIWI World Water Week event of this year will take this conversation forward.
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The global water community is gathering in Stockholm for World Water Week 2016. This year’s theme, “Water for Sustainable Growth,” comes at a critical time, as we are mobilizing to achieve the Sustainable Development Goals (SDGs), in which water plays an essential part.
It drives economic growth, supports healthy ecosystems, and is fundamental for life. However, water can threaten health and prosperity as well as promote it. Water-related hazards, including floods, storms, and droughts, are already responsible for 9 out of 10 natural disasters, and climate change is expected to increase these risks.
Over the next two decades and beyond, ‘thirsty agriculture’ and ‘thirsty energy’ competing with the needs of ‘thirsty cities’ will place new and increasing demands on the water sector. Over 4 billion people currently live in areas where water consumption is greater than renewable resources for part of the year – a number that will continue to increase.
Starting this weekend, Stockholm will host the largest annual congregation of water aficionados, during World Water Week 2016. It is , and on three stylized myths in the “mainstream” discourse, although there are also influential social movements that present alternative views.
Social inclusion may be about the poor but it needn’t necessarily be so.
In Panama, a healthy economic climate and enthusiastic institutional support provided an ideal testing ground for the World Bank’s Infrastructure Prioritization Framework (IPF). The country’s GDP growth and economic buoyancy in 2014 motivated an ambitious public investment program, accompanied by a high number of infrastructure project proposals to the Ministry of Economics and Finance. Coupled with political commitment to narrow the deficit, Panama moved to implement select projects for a five-year strategic period.
Fresh water touches every part of daily life—from drinking water and sanitation, to agriculture and energy production. Unfortunately, for nearly half of the world’s population, water scarcity is a growing issue with devastating impacts to our communities, economies and nature. In the past, countries have primarily turned to more supply-side infrastructure, including reservoirs and canals, as solutions to increasing water demands. But we can no longer build our way out of scarcity. We must find ways to do more with less, and impact investment can provide a catalyst for revolutionary changes in water management.
Water markets can be a powerful mechanism for alleviating water scarcity, restoring ecosystems and driving sustainable water management. Water markets are based upon water rights which can be bought and sold, enabling water to be transferred from one user to another. A well-managed water market provides economic flexibility, encourages water saving measures and brings a variety of stakeholders to the table to find balance between the water needs of people and nature.
The Nature Conservancy’s new report, “Water Share: Using water markets and impact investment to drive sustainability,” explores the potential for water markets and impact investment to serve as part of the solution to global water scarcity. Water markets, when paired with creative investment solutions including The Nature Conservancy’s concept of Water Sharing Investment Partnerships, can help provide a more water-secure future for cities, agriculture, industries and nature.
In previous blogs on Fecal Sludge Management (FSM), we outlined the lack of appropriate attention given to FSM as a formal urban sanitation solution and we presented new tools for diagnosing fecal sludge challenges. In this blog, we provide illustrations from Indonesia and Mozambique of the challenges and opportunities of using FSM.