Water is foundational to building a stable society. With access to water critical to go to school, to go to work, and the access to the resource base effecting production across multiple sectors, including agriculture and manufacturing, our overall prosperity very much hangs in the balance.

We often talk about mobilizing finance to close financing gaps in the water sector. But little can be done on mobilizing private finance until we address the overall governance and enabling environment issues that unlock the mobilization of private finance.

Join Jeff Goldberg, Director of the Centre for Water Security, Sanitation, and Hygiene, USAID, and other world experts at ADB’s flagship water event, the Asia Water Forum 2022, to discuss the most pressing issues facing water in the Asia and the Pacific region: awf.adb.org

Transcript

Hi, my name is Jeff Goldberg, Director of the Centre for Water Security, Sanitation and Hygiene at USAID. I’ll be talking at the Asia Water Form this August.

Global water security is being severely affected by climate change, the secondary effects of COVID-19 and conflicts. Billions of people are already suffering water insecurity from Cape Town to Chennai to the US west. We are all suffering from the increased impacts of water insecurity ranging from droughts to floods. So, it is absolutely critical that we build resilient systems now while we still have time.

Water is really foundational to building a stable society. With access to water critical to go to school, to go to work, and the access to the resource base effecting production across multiple sectors, including agriculture and manufacturing, our overall prosperity very much hangs in the balance.

We often talk about mobilizing finance to close financing gaps in the water sector. At USAID we know that that is critical but there is more to it in practice. Little can be done on mobilizing private finance until we address the overall governance and enabling environment issues that unlock the mobilization of private finance.

So working hand-in-hand with stakeholders across the water system, from user associations to utilities to regulators and national governments, to make sure that we’re building overall credit worthiness and investment readiness so the private sector can really come in, is absolutely critical.

Join me at the Asia Water Forum in August to discuss these issues further.  

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