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Climate Finance Initiative: 2016 briefing note

This briefing note sets out the rationale, objectives and strategy for the WaterAid Climate Finance Initiative – a new work programme that seeks to ensure a proportion of climate finance flows support the extension of sustainable water and sanitation services to the world’s poorest and most climate-vulnerable communities.

Climate Finance Initiative 2016Climate variability and weather extremes, such as droughts, floods and cyclones, already pose considerable risks to the achievement of the new Global Goal on Water and Sanitation.

Climate change is likely to increase these risks, and introduce new water-related challenges as sea levels rise and glaciers melt, potentially undermining hard-won gains in the water and sanitation sector. And it is those who have contributed least to the problem – poor and marginalised communities across the developing world – who will bear the brunt of its effects.

However, climate change is also an opportunity to direct more finance to the water and sanitation sector, and to ensure that this financing is used to extend sustainable services in the world’s poorest and most climate-vulnerable communities. Guaranteeing this will require donors to shift their investments to supporting systems that deliver sustainable and resilient water and sanitation services.

This briefing note sets out the rationale, objectives and strategy for the WaterAid Climate Finance Initiative – a new work programme that seeks to ensure a proportion of climate finance flows support the extension of sustainable water and sanitation services to the world’s poorest and most climate-vulnerable communities.

The Climate Finance Initiative is being led by Louise Whiting, WaterAid’s Senior Policy Analyst for water security and climate change.

Download the Climate Finance Initiative 2016 briefing note >