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Financing adaptation at basin level: the potential of incubation to boost project development.
International network of basin organizations (INBO) webinar under the framework of the “Water” day of the United Nations climate change Conferences of the Parties (COP29)
Tuesday 19th November, 3pm-4:45pm (Central European Time/Paris Time) with simultaneous interpretation (English, French & Spanish)
This webinar provided an opportunity to discuss a number of examples of setting up climate change adaptation projects, as well as the tools and advice available from financial institutions to boost the development and financing of these projects. It’s important to pursue the work of consultation, dialogue and awareness-raising between basin organizations -which is the INBO core activity- and the financial institutions in order to bring together the points of view of project holders and potential financiers.
What’s the income of this webinar?
The problems highlighted
- Facing the social and climatic challenges of different demographic regions
- The disruption of the water cycle alters the planning strategies already in place at different levels of a country, that are now obsolete.
- These disruptions, together with population growth and the spread of unsustainable consumption and production pattenrs, are affecting the food, energy and water security of our societies.
- The distribution and sharing of water resources make it difficult to implemeent climate change adaptation projects.
- Long and complex process to access financing
- Access to financing requires specific knowledge and skills.
- The accreditation process is time-consuming and energy-consuming.
The solutions highlighted
- Combining different innovative financing schemes from different sources (private, public, payment for climate and environmental services, non-governmental funds, philanthropic funds, taxation, etc.)
- Mapping available sources of financing.
- Increasing number of organizations that obtain their accreditation.
- Mobilizing their own financial resources of Basin Organizations.
- Gain a better understanding of the region’s vulnerabilities in order to develop actions and adopt the most relevant and effective adaptation technologies
- Sustainable, long-term strategy based on tehcnical knowledge which financial institutions can draw on to invest in viable projects.
- Financial institutions are increasingly completing their financial support with technical assistance.
- Cover socio-economic vulnerabilities.
- Improve the capacity and mobilization of national institutions on climate change issues at local, basin, federal and state levels
- Exchanges and communications between different international, national and regional organizations
The program and panelist’s presentations
- Check out the program here
- Opening & introduction: Dr. Eric Tardieu, Secretary General, International Network of Basin Organizations (INBO)
- Panel: Incubation and development of water and climate projects: barriers and tools to overcome them
- Ms. Silvia Chávez Cereceda, International Cooperation Manager, National Water Commission of Mexico (CONAGUA)
- Ms. Coletha Ruhamya, Deputy Executive Secretary, Lake Victoria Basin Commission (LVBC)
- Ms. Edith Paredes, Administrative Director, Amazon Cooperation Treaty Organization (ACTO)
- Mr. Ababakar Mbaye, Director of the Environment and Sustainable Development, Organization for the Development of the Senegal River (OMVS)
- Ms. Vera Garcia Chaves, Director, National Water and Sanitation Agency, Cape Verde
- Panel: Preparedness facility and other tools developed by international financial institutions to facilitate access to finance for water and climate projects at basin level
- Mr. Lionel Goujon, Head of Water and Sanitation, French Development Agency (AFD)
- Mr. Franz Rojas, Chief, Water and Sanitation Division, Development Bank of Latin America and the Caribbean (CAF)
- Mr. Anders Jagerskog, Program Manager “Cooperation for International Waters in Africa” (CIWA), World Bank
- Mr. Andres Guillermo Blanco Blanco, Principal Economics Specialist, Water and Sanitation, Inter-American Development Bank (IaDB)
- Conclusion and link with COP30: Ms. Iara Bueno Giacomini, Director of Water Resources, Ministry of the Environment and Climate Change, Brazil
In the face of the climate emergency, accelerating adaptation projects in national and transboundary basins is a strategic, effective, inclusive and collaborative response.
Financial institutions play a key role in this process. They provide project holders with both technical and financial support, which must be long-term. They could usefully give greater priority to adaptation projects led by basin organizations: basin-wide adaptation brings greater benefits than that carried out within narrow intra- and inter-state administrative boundaries.
INBO, its members and partners will pursue efforts to accelerate the development of adaptation projects, and the results of these efforts will be presented at the next United Nations Climate Conference (COP30) in Belem, Brazil, from November 10 to 21, 2025.