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Published on: July 24, 2016
Applying climate reparative finance toward water security.
Evan Thomas1, Jean Ntazinda1, Styvers Kathuni1
1Mortenson Center in Global Engineering and Resilience, University of Colorado Boulder, 4001 Discovery Drive, Suite N290, Boulder, CO 80303, United States of America.
Global water insecurity, a key climate change effect, can be addressed by shifting climate finance. This enables investment in water infrastructure and sustainable funding for safe water services worldwide.
Area of Science:
- Environmental science
- Climate change adaptation
- Water resource management
Background:
- Increasing global water insecurity is a direct consequence of climate change.
- Traditional water management is often localized, facing scalability challenges.
- Climate finance presents an opportunity to address global water challenges.
Purpose of the Study:
- To explore the potential of climate finance mechanisms in addressing water insecurity.
- To investigate the redirection of capital from damaging to reparative climate actions.
- To establish a sustainable, performance-based funding model for global water infrastructure.
Main Methods:
- Analysis of climate finance flows.
- Assessment of water infrastructure investment models.
- Development of performance-based funding frameworks.
Main Results:
- Climate finance can be redirected towards climate-resilient water infrastructure.
- Performance-based funding can incentivize the provision of safe water services.
- A sustainable financial stream can be created to support global water security.
Conclusions:
- Climate finance is a viable tool to combat global water insecurity.
- Investment in water infrastructure is crucial for climate change adaptation.
- Sustainable and performance-based funding models are essential for universal access to safe water.
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