All functions of water services, water resources management and water security require specific funds that go beyond the resources invested by sectors in their own activities. Proper financing policy is essential to effectively achieve its main social and economic objectives. New challenges related to climate change and the SDGs add to those objectives, and are unlikely to be achieved without sufficient funding. In such context, not only challenges, but also financial and social costs related to water services, water resources management tend to increase. Ensuring access to proper funding is key to face current problems, as is proposing innovative ways and new sources of funds that can meet the new agendas. In this session the topics of economics and financing for innovative investments, financing implementation of water-related SDGs & adaptation to climate change, finance for sustainable development - supporting water-friendly business in Europe will be discussed. A comprehensive and multidisciplinary perspective of these topics will be provided, including public policy, technology, economic, environmental, and social components. The diagnosis reported in the Europe report will be discussed. Issues such as relevance, perception, level of engagement and performance and examples of good case studies will be addressed. The outcomes from the session will be key lessons, messages and recommendations to enrich the report and to disseminate around the world.
José Veiga Frade