First meeting of High Level Panel on Infrastructure Financing for a Water Secure World
The HLP is an initiative launched by the World Water Council (WWC) and the Organisation for Economic Cooperation and Development (OECD). The panel is chaired by Angel Gurria, OECD Secretary-General. A variety of stakeholders are represented as members of the HLP, including ministers of water, infrastructure and economic development; Presidents or CEOs of international financing institutions and private financiers; CEOs of corporations who use water; Chairs of significant civil society organisations; and mayors of OECD cities.
The first meeting of the HLP takes place in Paris, on 26 November 2014. It provides an opportunity to review preliminary outcomes of the report Financing Infrastructure for a Water-Secure World prepared by the Advisory Taskforce, and to sketch the key messages from the HLP.
The objective of the HLP is to send a “wake-up call” for governments to commit to action, at different levels, to address the significant challenges to financing water infrastructure today and in the future. The work of the panel covers all types of water infrastructures, including water supply and sanitation, reservoirs, irrigation and protection against floods and droughts.
Specific topics of discussion of the High-Level Panel:
- How to ensure the need for water infrastructure gets required attention?
- How to ensure the best possible use of existing financial flows?
- What can be done to increase investment in: multipurpose infrastructures; asset management and replacement of ageing infrastructure; and green infrastructure?
- How can governance arrangements help?
- How to access additional sources of finance?
The HLP will meet again at the 7th World Water Forum in Daegu and Gyeongbuk, Korea, in April 2015 to present the report, and deliver its messages to the global water sector and beyond.
World Water Council (WWC), Organisation for Economic Cooperation and Development (OECD)