SDG6

This High Level Panel focused on financing water will contribute to the preparation of the UN 2023 Water Conference. It will highlight key guiding questions that can contribute to advancing the global discussion on water economics and financing that will be explored in a major forthcoming review to be prepared for the UN 2023 Water Conference.

Climate change is exacerbating both water scarcity and water-related hazards, as rising temperatures disrupt precipitation patterns and the entire water cycle. It is estimated that 80% of the impacts of climate change are felt through water and the crisis will only intensify in the future.

At the United Nations Climate Change Conference, COP26, the Water and Climate Coalition Leaders issued an urgent and united call for integrated water and climate action to replace the existing fragmented and crisis-driven approach.