Faced with the cascading crises of a global pandemic, accelerated climate change and ecosystem collapse, a coalition of governments, businesses, and water, development and climate organisations are working together through the Resilient Water Accelerator to drastically increase finance for climate-resilient water sources.
The impacts of climate change
Climate change is happening now and it is the world’s poorest and most marginalised communities – those who have done the least to cause it – who feel its effects first and most severely. Without reliable access to basic services including clean water, good hygiene facilities and decent toilets, the struggles these communities face are compounded by the effects of our changing climate.
Unreliable access to water increases communities’ vulnerability to climate-related challenges, such as changing weather patterns, less predictable rainfall, salt water intrusion and increased exposure to disease. Sewage systems flood with increasing frequency, contaminating nearby water sources and the local environment. Severe droughts force people to resort to increasingly unsafe sources of drinking water. Other effects on health also become more likely. In Bangladesh, for example, rising sea levels are increasing groundwater salinity, contributing to high blood pressure and heart disease among coastal communities. For many, basic water and sanitation services can therefore be the key difference between coping and not coping with the devastating effects of climate change.
But well-managed water systems can protect climate-impacted communities by ensuring that:
- there is reliable access to clean water for their daily needs
- water is available for business and agriculture
- the water necessary to conserve ecosystems and biodiversity is protected
By managing threats, working with communities and prioritising basic services for all, water programmes can protect water for all and deliver socially, environmentally and economically beneficial outcomes.
Not enough climate finance
The funding available for adaptation action is poorly targeted
The most climate-vulnerable countries are among the world’s poorest. These countries need increased investment in water adaptation strategies, but do not currently receive the necessary financial support from international funding bodies and bilateral donors. Of total global climate finance flows, only 5% is spent on helping communities and business to adapt, and water programmes received less than 3% of all tracked global climate finance.
A tiny fraction of the climate funds available is allocated to supporting communities by ensuring their access to water. Research has shown that only around 1% of public international climate investment goes to protecting basic water services for poor communities. This equates to as little as US$1 per person per year in some of the countries most vulnerable to climate change, despite the effects of climate change being felt predominantly through water.
However, increasing funding alone will not solve the problem. We also need to see the enabling conditions that will ensure money gets where it is needed most. Barriers to building effective climate-resilient water programmes include:
- A lack of localised data on climate vulnerability. This requires significant technical and academic capacity, which is also often lacking
- A lack of integration between different sectors with different priorities
- High thresholds for accessing climate funding
- A complex landscape of bureaucratic architecture at national and international level, which can be hard to navigate.
To ensure funding reaches those who need it most and builds community resilience, these barriers must be removed.
Resilient Water Accelerator
The Accelerator will support country efforts to secure vital climate finance for water. It aims to build practical solutions to the water and climate crisis, support countries’ bids to secure climate finance, and ensure that more climate finance is fast-tracked towards protecting communities’ vital water services from a changing climate.
Just add water
Our landscape analysis of climate finance, with the Overseas Development Institute (ODI), indicates the desperately low level of climate finance available for adaptation interventions - especially water, sanitation and hygiene.
Revolutionising climate finance
In March 2020, at WaterAid’s Water and Climate Summit, a high-level group led by HRH The Prince of Wales, pledged to work towards forming a water and climate finance initiative, which would boost climate finance to invest in vital water services in developing countries to tackle the twin crises. Subsequently, a group of technical experts met to identify key actions to begin delivery of this objective in time for COP26 in Glasgow, UK, in 2021.
As part of this work, we commissioned a Landscape Analysis of Climate Finance for Water from the Overseas Development Institute (ODI). Published in November 2020, the report indicated the desperately low level of climate finance available for adaptation interventions, especially for basic water, sanitation and hygiene (WASH). The group of experts proposed to focus the initiative on tackling the barriers to improved access to climate finance.
By actively supporting the formation of national-level facilitation partnerships to combine effective interventions, resilient methodologies, critical data, and targeted analysis and contributions, the initiative would deliver high-quality programmes for protecting water resources and improving access to water in a way that boosts community resilience and is low carbon. The proposal that arose – the Resilient Water Accelerator – was broadly welcomed by senior policymakers, agencies and experts across the development, water resources, WASH and climate sectors at a high-level virtual meeting on 17 November 2020.
The Resilient Water Accelerator will provide a template to secure development and future prosperity for vulnerable communities who have done least to cause the climate crisis.
Resilient Water Accelerator
Facilitated by WaterAid, and a task force of HRH The Prince of Wales’ Sustainable Markets Initiative (SMI), the Resilient Water Accelerator brings together governments, private sector players, development banks, aid agencies, civil society organisations and experts across environmental, development, WASH and climate sectors to build a pipeline of funded programmes that could reach 50 million vulnerable people in water-stressed areas in a decade.
Through an event at COP26 in November 2021, we will seek endorsement for the Accelerator on a global scale. We will have developed the approach, selected locations and secured funding for the Accelerator in time for the event, ready to support the preparation of programmes and to enter the Accelerator’s implementation phase.
The Accelerator is expected to deliver:
- An optimal design approach for climate-resilient water programmes that accommodates WASH, water, nature-based solutions and climate change issues in a way that ensures long-term climate resilience and facilitates access to climate funding.
- At least US$20 million of funding to support the development of such comprehensive programmes in five to six locations in climate-vulnerable countries.
The design approach is being developed through a series of workshops by a group of technical experts from a variety of governments, international organisations and private sector representatives including: the governments of the UK, the Netherlands, Bangladesh and Germany, the African Development Bank, the Asian Development Bank, UNICEF, UNDP, Sanitation and Water for All, the World Resources Institute, the International Water Management Institute, the Alliance for Global Water Adaptation, Deutsche Gesellschaft für Internationale Zusammenarbeit, and the Civil Society Network on Climate Change - Malawi and The Prince’s Foundation.
Learn more about why and how we work on climate change
Resilient Water Accelerator
See an overview of the Initiative in our briefing
To find out more about the WCFI or the Resilient Water Accelerator, contact our Senior Policy Analyst Jonathan Farr
Top image: Cecile Oubda posing next to the borehole installed by WaterAid, in the hamlet of Samb Naaba in the village of Basbedo, Boulgou province, Burkina Faso.