No low regrets investments WP3_francois brikké_28 aug


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No low regrets investments WP3_francois brikké_28 aug

  1. 1. No / Low regret Investments Work Package 3 28 August 2013, Regional Days 1
  2. 2. Work Package 3 - Overview • Objective / Outcome Challenge : Stakeholders at all levels develop gender sensitive ‘No/low Regrets’ investments and financing strategy document • GWP Overall Output: Support organizations (all levels) in the development of investment strategies supporting policies and plans which integrate water security for climate resilience • Indicator: Number of organizations (all levels) supported in the development of investment strategies supporting policies and plans which integrate water security for climate resilience. 2
  3. 3. WHY this Work Package? • Lack of adequate funding for water resources management, as well as the low and declining investment in water infrastructure, which has led to low per capita water storage in the world. • Adapting to climate change will benefit from the prioritisation of investments, which perform well under a full range of climate scenarios. • These investments are referred to as no/low regret investments • There is need to support countries to prepare and prioritise ‘No/low regrets’ investment programmes and projects that promote climate resilient development for all plausible climate scenarios. 3
  4. 4. Potential no/low-regrets measures include: • early warning systems; • risk communication between decision-makers and local citizens; • sustainable land management, including land use planning; • ecosystem management and restoration • improvements to health surveillance, • water demand management, • water supply, sanitation, irrigation and drainage systems; • climate-proofing of infrastructure; • development and enforcement of building codes; and better education and awareness. 4
  5. 5. Priority areas for GWP 5 • Infrastructure: water storage, new technologies for water recycling and irrigation, and ‘natural’ infrastructure such as wetlands. • Institutions: No/low regrets investments in relevant institutions for example, that provide water for people, industries, energy, agriculture and ecosystems. • Information: reliable modelling scenarios to enable better responses, information on vulnerable ‘hotspots’ - arid regions, areas reliant on shrinking water resources and low lying deltas.
  6. 6. With whom? 6 • Regional – Local levels: National governments, RECs, RBOs, strategic alliances with agencies such as OECD, AfDB, ADB, Regional Development Banks, EUWI-FWG, UNDP-WGF and others. • Global level: Linkages with the Adaptation Funds available through UNFCCC, World Bank, GEF, AfDB-Green fund, regional banks such as the Arab bank for Economic Development in Africa (BADEA), Development Bank of Southern Africa (DBSA), ADB and others.
  7. 7. Examples on the types of activities 7 1. Investment options identification – options for the short- term can be identified through screening climate risks in existing water assets, systems and infrastructure as well as planned projects and programmes. investment opportunities that will directly influence and benefit on-going activities. New and innovative investment opportunities can also be identified through multi-stakeholder platforms which break through the sectoral ‘silos’.
  8. 8. Examples on the types of activities 8 2. Investment options appraisal and analysis: Group and prioritize these ideas and options to develop a balanced portfolio of priority no/low regret investments. Develop an economic case for the balanced portfolio of investments in order to argue a case for investing to financial planners and economists - looking at social, environmental and economic benefits (costs – benefits anlaysis)
  9. 9. Examples on the types of activities 9 3. Investment Plan and integration • The portfolio of balanced investments with their economic case analyses will form the “Water Security and Climate Resilience Investment Programme”, which will either be taken for endorsement as a separate plan or incorporated in a similar national investment plan and then for further financing. • Integration in national budget plans… needs to be part of the system.
  10. 10. • Capacity ? • Timing ? • Understanding of concepts ? Discussion
  11. 11. Work Package 3: Indicator Number of organisations (all levels) supported in the development of investment strategies supporting policies and plans which integrate water security for climate resilience Results which demonstrate that support activities (the need for which is acknowledged, and even identified, by the recipient) to complete specific tasks in direct relation to investment planning have been carried out Baseline 2012 Milestone 2014 Milestone 2015 Target 2016 Target 0 1 3 6 Observed