IMDEA WATER will participated in the WORLD WATER FORUM in the thematic session “Managing Water for (Green) Growth: Economic Incentives and Financing”

The session highlighted the experience gained by countries with the use of selected economic instruments to manage water and watershed services in a green growth perspective. The discussion identified requisites which have to be met to make the best use of such policy instruments.

Green growth reconciles the demand for continued economic growth and development with the need to ensure that natural assets continue to provide the resources and environmental services on which all human well being relies. It sees sustainable water use as an essential driver.

Green growth stresses the issue of allocating water where it is most needed. It champions innovation and highlights the need for more private and public investment in green technologies and infrastructure to boost water efficiency.

Economic instruments (payment for ecosystem services, water markets, pricing water-related services…) can play a particular role in water resources management from a green growth perspective.

They can:

– signal water scarcity and promote water efficiency;

– allocate water where it creates most value;

– make the case for low cost options (such as green infrastructures); and

– generate financial flows to finance water-related infrastructures, services and policies.

The session highlighted the experience gained by countries with the use of selected economic instruments to manage water and watershed services in a green growth perspective. The discussion identified requisites which have to be met to make the best use of such policy instruments.

Speakers: Sarah HERNANDEZ – (Office National de l’Eau et des Milieux Aquatiques (ONEMA)); Xavier LEFLAIVE – (OECD); Kenta MASUDA – (Forest Agency Japan, Ministry of Agriculture, Forestry and Fisheries); Mariya GENINA – Coordinator of PES initiative in Central Asia (Central Asia Regional Economic Cooperation (CAREC)); Jose YUNIS – Director, Government Relations (The Nature Conservancy); Carlos Mario GOMEZ – (IMDEA-Water)

Published On: March 4, 2012

Are you looking for any news?

News on Twitter

Follow us