Closing the vast financing gap for water security and climate resilience will require mobilizing funds from multiple sources – public, private, and innovative climate finance mechanisms – and blending them effectively. Traditional funding (government budgets and aid) is insufficient on its own, given estimates that $114–150 billion per year is needed to meet global water and sanitation goals this decade. The good news is that climate-focused finance is rising, offering new opportunities to channel resources into water security.
Bapon (SHM) Fakhruddin, PhD 