Funding and financing of transboundary water cooperation and basin development
More than 60 per cent of the world’s freshwater flow is shared between two or more riparian states. The sustainable and cooperative management of these transboundary water resources is crucial for access to water and sustainable development, as well as regional stability and peace. However, many countries and basins struggle to identify and mobilize the funding needed for transboundary water cooperation processes and basin development projects.
A new report by the UN Economic Commission for Europe (UNECE) provides a comprehensive overview of the sources of funding and financing available to support transboundary water cooperation and activities related to the management and development of shared basins. It analyses the key opportunities and challenges related to their financing and explores the different financial needs for the establishment and operation of joint bodies and for the elaboration and implementation of basin management and development projects.
- Download the report here.