The Ingenieur Vol. 65 Water Power | Page 60

INGENIEUR solutions to overcome country-level obstacles in local financing and disseminate the findings to decisionmakers and practitioners worldwide. ●● Increasing the impact and leverage of Official Development Assistance (ODA) in funding the water sector; >> Continue to advocate bilateral ODA and other concessional finance to be used as a catalyst to leverage non-ODA funds and provide technical assistance for project preparation. This includes proposing a joint UNSGAB — Office for Economic Co-operation and Development (OECD) Development Assistance Committee (DAC) event to share best practices and lessons learned. ●● Increasing the availability of data and information — and where possible, monitoring all forms of financing across the water sector; >> Continue strong and close collaboration with OECD as a major source of water financing information. >> Support the World Bank in developing a repository of knowledge on how to leverage private financing and to access local markets for the sector. Extend the same support to interested regional and sub-regional banks. >> Encourage better knowledge of countrywide expenditures for water through the Global Annual Assessment of Sanitation and Drinking Water (GLAAS) and other relevant initiatives. >> Encourage donors to report on technical assistance in the context of GLAAS. The success of all these efforts depends on national action and partner activities such as: ●● C ountries increase their political commitment and financial resources to the water sector; ●● Governments identify and remove the barriers that impede local water and sanitation utilities from accessing local capital markets; and ●● Governments and municipalities increase efforts in collecting taxes and user fees related to t H