World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 

Financing Must Triple to Meet Climate and SDG Goals

Financing Must Triple to Meet Climate and SDG Goals for Water


Bonn, Germany, 10th Nov, 2017 – The majority of national climate plans with an adaptation component which have been submitted under the Paris Climate Change Agreement prioritise action on water, yet financing would need to triple to 255 billion euros (about USD295 billion) per year to meet such targets.

This was a key message of the international water community on Friday at their Action event during the COP23 UN Climate Change Conference.

“Sustainable use of water for multiple purposes must remain a way of life and needs to be at the centre of building resilient cities and human settlements and ensuring food security in a climate change context,” said Mariet Verhoef-Cohen, President of the Women for Water Partnership, and Co-Chair of Water Scarcity in Agriculture Platform (WASAG).

The international water community co-signed what it called a “nature based solution declaration” at the opening of the Water Action Day to encourage the use of natural systems in managing healthy water supplies.

Water tends to be a local issue but consequences of its unwise management have global impact. Around 40% of the world's population will face water shortages by 2050, accelerating migration and triggering conflict, while some regions could lose up to 6% of their economic output, unless it is better managed.

Obstacles in accessing funding to meet climate change investment requirements in the water sector hinders achievement of UN Sustainable Development Goal 6 (ensuring availability and sustainable management of water and sanitation for all), as well as endangering the Paris Agreement’s goal to keep the average global temperature rise well below 2 degrees Celsius and as close as possible to 1.5.

“Involving both women and men in decision making and integrated water resources initiatives leads to better sustainability, governance and efficiency,” said Ms Verhoef-Cohen.

The international water community encompasses several networks, including also #ClimateIsWater, Alliance for Global Water Adaptation (AGWA) and Global Alliances for Water and Climate (GAfWaC). The community underlined the imperative to develop closer cooperation within the climate community, as well as the energy, agriculture, urban, health, and oceans communities.

Water community experts said countries should turn their commitments into ambitious actions, notably by enhancing the efforts announced in their national climate plans – known as nationally-determined contributions.

Water must emerge as a greater priority in national policies and be integrated within other major sectors such as energy, food security, health, education, they said.

© Scoop Media

 
 
 
World Headlines

 

UNFCCC: Simon Stiell Appointed New Executive Secretary
UN Secretary-General António Guterres has appointed Simon Stiell as the new Executive Secretary of the United Nations Climate Change Secretariat based in Bonn, Germany...
More>>

Binoy Kampmark: Europe Dries Up
Scenes and pictures have been circulating of broken earth, lacking moisture, cracked and yearning. But these are not from traditional drought-stricken parts of the planet, where the animal carcass assumes near totemic power... More>>



UN: Bachelet Alarmed By Number Of Palestinian Children Killed In Latest Escalation

UN Human Rights Chief Michelle Bachelet today expressed alarm at the high number of Palestinians, including children, killed and injured in the occupied Palestinian territory this year, including in intense hostilities between Israel and Palestinian armed groups in Gaza last weekend... More>>


Afghanistan: One Year On From Regime Change And Children Face An Unimaginable A Crisis
On the one-year anniversary of regime change in Afghanistan, a new World Vision report highlights the grave risk the country’s children face from starvation, forced child marriage, and child labour... More>>


Somalia: ‘We Cannot Wait For Famine To Be Declared; We Must Act Now’
Rising acute food insecurity in Somalia has caused more than 900,000 people to flee their homes in search of humanitarian assistance since January last year, the Food and Agriculture Organization (FAO) has warned... More>>

UN: American West Faces Water And Power Shortages Due To Climate Crisis
Two of the largest reservoirs in the United States are at dangerously low levels due to the climate crisis and overconsumption of water, which could affect water and electricity supply for millions in six western states and Mexico, the UN Environment Programme (UNEP) warned on Tuesday... More>>