New Water Policy and Practice Volume 1, Number 1 - Fall 2014 | Page 24

New Water Policy and Practice scaling up of water and sanitation solutions— expanding to national or regional scale what is demonstrated successfully at village or community level—does not happen due to the human capacity gap (UNDP 2006). The good news is that we are now at a phase in the international development dialogue in which each of these three reasons can be effectively addressed—through innovative solutions, new capital from the private sector, and capacity enhancement by the international development community. This opportunity has to do, in part, with the ongoing debate to formulate the future development agenda as the Millennium Development Goals reach ‘maturity’ in 2015 and a new set of Sustainable Development Goals (SDGs) take their place. The formal proposal for SDGs developed by the Open Working Group of the United Nations General Assembly, which explicitly listed targets for ensuring availability and sustainable management of water and sanitation for all, creates ample room for optimism. unrest are not good for business. In the water domain, many of the big international corporations have realized that unfettered exploitation of water resources with no re-routing of benefits to respective communities is not only a public relations disaster but also bad for business. Many of these corporations have thus channeled significant resources for working on building social capital, through community development activities, in tandem with the financial capital. Second, the notion of ‘green economy’, new as it is, seems to be taking hold in the aftermath of the Rio+20 conference (UN-Water 2011). It offers a new perspective for the well-established sustainable development agenda, as originally defined in the Agenda 21 (UNCED 1992). The notion that creation of jobs, business entrepreneurship, and economic activity are integrally linked to sustainable development will likely help boost political uptake of the green economy concepts. The same concepts, and the underlying political benefits, also extend to the water sector and can be used t