Guidelines on finance partnerships
WaterAid’s Global Strategy 2015–2020 calls for a shift in our partnership practice, moving the focus of partnerships beyond short-term project deliverables. We aim to strengthen the institutions, systems and capacities that are needed to deliver sustainable water, sanitation and hygiene services in the long term. To achieve this we have to move towards more enabling and empowering relationships that help our partners to develop their capacity to play a long-term role in delivering sustainable services.
WaterAid’s finance staff play a critical role in partnerships and are held accountable for managing financial risks. This shift in partnership approach presents finance staff with a challenge – to manage risk without being overly controlling. This document provides detailed guidance on how you can do it in a way that is relevant to the different levels of risk associated with different partners and partnerships.
The guideline promotes an empowering and risk-aware approach to partnership for finance staff.