Water Futures Mobilizing Multi Stakeholder Action for Resilience 2025

Five pathways to water resilience3 How can the private sector and multi-stakeholder collaborations mobilize to build water resilience? Action along five pathways can help deliver on the two focus areas for water resilience identified in the previous chapter (see Figure 6). Although these pathways outline an ambition that will take time to materialize, steps can be taken today, particularly when it comes to collaboration between stakeholders and the private sector. Five pathways to water resilience FIGURE 6 Pathways to freshwater resilience How can the private sector and multi-stakeholder collaborations mobilize to build water resilience? Holistic water valuation Define and include the value of the water cycle in decision-making processes, water planning, pricing and budgeting.1Sustained basin-level partnerships Deploy collaborative models and partnerships at the basin-level to ensure systemic impact and change, and co-develop basin-level plans.3 Adaptive water governance Transform and scale-up water governance through more agile approaches that can adapt to growing uncertainty and risk.4 Fit-for-purpose finance Incentivize investments in water using financial structures that drive collective action and/uni00A0enable risk and reward to/uni00A0be shared.2Collaborative policy–innovation nexus Adapt policy regulations and frameworks to make room for innovations and collaboration in/uni00A0water management strategies.5 Water Futures: Mobilizing Multi-Stakeholder Action for Resilience 16