This document discusses water investment needs and financing capacities in Europe. It finds that additional investments will be needed by 2030 to maintain water supply, sanitation, and flood protection infrastructure and comply with EU directives. Member states have varying abilities to finance these investments based on their economic conditions and past financing strategies. The document recommends examining alternative financing sources like water pricing, producer responsibility for products that affect water quality, and leveraging EU funds to help close the investment gaps identified in some member states.