Side Event WFN_Giuseppe Frapporti, Environment Agency, 14th January, UN Water...
Business: Paul Reig, WRI, 16th January UN Water Zaragoza Conference 2015
1. Business contribution to managing climate and water risks:
Tools and lessons learned
Paul Reig, World Resources Institute (WRI)
Cate Lamb, CDP Water
Bert Share, Anheuser Busch InBev
Katalin Solymosi, Inter-American Development Bank (IDB)
2. Agenda
09:00 Welcome and overview presentation
Paul Reig, WRI
09:15 Panel discussion
Cate Lamb, CDP Water
Katalin Solymosi, Inter-American Development Bank (IDB)
Bert Share, Anheuser Busch InBev
10:00 Questions and discussions with the audience
10:40 Wrap up and summary: How do we move forward?
10:50 Adjourn
5. Business Challenges to Practical Responses
1. Financing is scarce for long-term investments in sustainable water
management and climate and water risk mitigation
2. Integrating water stewardship and sustainable development into standard
business activities is a challenging and complex process, and foreign to most
companies.
3. Meaningful business, investment and policy decisions are difficult to make
because the disclosure of corporate water-related information is seriously
inadequate.
11. 5 years of data
> 1,000 corporations
> 200 cities
80 countries
112 sub-industries
12. Barriers
1. Lack of incentives, experience, and regulatory frameworks for making
investments in sustainable development, and climate and water risk
mitigation.
2. Short-term thinking, following normal business cycles, and lack of sound
water policy and local capacity at the watershed level.
3. Complexity of climate and water-related risk information makes it difficult to
communicate.
13. Lessons learned
1. Risks need to be mitigated to prevent financial, social and business impacts.
The business case for action is clear and compelling. Business now needs
tools and frameworks to guide meaningful interventions
2. External pressures (buyer certifications, costs) as well as peer and investor
pressure (through public disclosure and external corporate commitments)
help drive internal goals and trigger investments and engagement in water
stewardship and sustainable development.
14. Panel discussion
Cate Lamb, CDP Water
Katalin Solymosi, Inter-American Development Bank (IDB)
Bert Share, Anheuser Busch InBev
15. Layers of the cake - steps to using donor finance to bring in private capital
Private sector investment
IDB loans
Donor concessional finance
Donor grant funding
to demonstrate
feasibility
Sustainable
investment
policies
Catalyzing investment with
public funds
15
1. Work with governments to establish and
identify investment environments with
economically viable opportunities
2. Provide detailed engineering analysis to
demonstrate financial viability and/or
investment grants for pilot projects
3. Provide donor concessional
finance to overcome cost and
risk barriers
4. Provide long-term market rate
finance
5. Actively market and deliver
private sector investment
21. Panel discussion
1. Are longer payback periods, technology risks and high levels of uncertainty
associated with investments in water-related climate resilience a barrier to the
type of commercial financing that will be required for countries to meet the
SDG’s for water? What actions can be taken, and what tools are available, for
governments and companies to help overcome these barriers and incentivize
investments to help meet water SDG’s?
2. Company culture is a significant asset when integrating water stewardship into
regular business activities. What key lessons, and tools, can governments take
from companies, like AB InBev, to drive a similar cultural shift across
government staff and civil society in an effort to help meet the SDG’s for
water?
3. Open access web-based platforms allow for much greater transparency and
access to information worldwide. In what ways can greater corporate water
disclosure and transparency more broadly, help governments meet SDG’s?
22. 10:00 Questions and discussions with the audience
10:40 Wrap up and summary: How do we move forward?
10:50 Adjourn