UN 2023 Water Conference Side Event: Unlocking the Innovation and Financing Ecosystem for Water Security
24 March 2023 – Global population growth, urbanization, and climate change are putting a strain on water systems, making it necessary to mobilize up to $7 trillion by 2030 to update aging infrastructure and protect freshwater resources.
To address this, a broadcasted high-level event was held in New York alongside the UN 2023 Water Conference, bringing together ministers of water from Hungary, India, Kenya, and South Africa, together with corporate partners AB InBev, Bayer, The Coca-Cola Company, Conrad N. Hilton Foundation, IFC, Nestlé, Suez, Veolia, and international organizations to discuss innovative financing models, policies, and regulations for managing water efficiently and supporting innovation and financing for water security.
The event, organized by the World Bank’s 2030 Water Resources Group Multi-Donor Trust Fund in collaboration with the World Economic Forum, aims to identify policies and regulations that need to be in place for sustainable water services and to connect industry and government high-level stakeholders to enter a safe-space dialogue.
View the session recording below: