ADB Water Financing Program (WFP) 2006-2010 Basin Water
WFP promotes investments in infrastructure and management of water regulation and hydropower facilities, flood management, and watershed and wetlands conservation.
Investing in Basin Water
Increased flooding upstream, more frequent droughts downstream, agricultural encroachment on wetlands, reduced agricultural production, and declining biodiversity—these are just some of the problems faced by many of Asia’s river basins.
To address these problems, governments and communities are introducing new ways of managing and sharing water resources. These include formulating the basic legal framework that determines who has the authority to manage the basin and setting up institutions—from river basin organizations to committees to water user groups—that help integrate and manage the multiple demands on the river’s resources.
ADB recognizes that Asia’s river basins need to be managed in integrated ways that promote equitable sharing of water resources while preserving the environment. It promotes investments in the infrastructure and management of water regulation and hydropower facilities, flood management, and watershed and wetlands conservation.
WFP Target
The Water Financing Program (WFP) targets the introduction of integrated water resources management (IWRM) in 25 river basins across the region. To date, 20 river basins have been identified.
A list of IWRM elements and a generic roadmap have been developed to help introduce IWRM in these basins.
A US$50,000 grant will support a biodiversity study of the Jiangsu Yancheng wetlands’ agriculture and aquaculture, which will provide the key to keeping the wetlands’ ecosystem on the balance.