WASAG: Unlocking finance for water and agriculture

27 April 2023

Tackling water scarcity and its impact on agriculture is a major and growing challenge, primarily due to climate change and population growth. 

Generating more funding for this area will play a critical role in the solution, helping to create and capture value that can induce a virtuous circle of development.

Female farmer in a the field, Madagascar

The Global Framework on Water Scarcity in Agriculture (WASAG) is a partnership established in April 2017 and hosted by the Food and Agriculture Organization of the United Nations (FAO), grouping more than 70 organizations that aim to generate cooperative action to address the challenges associated with increasing water scarcity. 

WASAG’s purpose is to deliver and support a work programme on water resources management and its role in drought preparedness, food security and nutrition, migrations and social stability, that are an increasing concern to societies in many regions of the world.

A new paper, Unlocking finance for water and agriculture: Volume 1, comes from a WASAG working group on financing mechanisms, which aims to identify innovative financial mechanisms for interventions dealing with water scarcity in agriculture in the context of climate change. The working group supports new approaches to finance water for agriculture, that will inform the work undertaken by other WASAG working groups and partners to ensure an aligned approach across WASAG projects and activities.

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