2016 has become the year for water. From the World Economic Forum, COP22, to the Budapest Water Summit, water has been widely acknowledged as a key to achieving the Sustainable Development Goals, and essential to the climate change solution.
Here are the defining moments of 2016 that put water security and sustainability on the global agenda like never before:
We cannot talk about water and Sustainable Development Goal (SDG) 6 without also looking at everything that depends on it: from climate, food and electricity to families, farms and ecosystems. It is thus quite simple, either.
Water and climate change are also intertwined, with some regions at risk of losing up to 6 percent of GDP by 2050 if the growing challenge of water scarcity is not properly addressed.
One of the biggest hurdles is the lack of sufficient sources of finance. Financing the SDG sub-targets for water supply and sanitation alone will cost triple historic financing levels - an estimated $114 billion per year between now and 2030. The shortfall for financing irrigation and water resource management sub-targets will likely be as large, if not larger.