Water Futures Mobilizing Multi Stakeholder Action for Resilience 2025

Page 23 of 50 · WEF_Water_Futures_Mobilizing_Multi_Stakeholder_Action_for_Resilience_2025.pdf

Stakeholders Knowledge partnersAcademiaOthers Government organizations Local communitiesPrivate sector Basin-level strategiesGoals Water resource allocationGroundwater and freshwater replenishment and preservation Where we want to get Collaborative models and partnerships are broadly adopted and scaled-up at the basin level to ensure systemic, long-term impact on how water is used and managed. These partnerships can be leveraged to enable and mainstream the development and implementation of comprehensive basin-level strategies. These strategies will support the equitable, adaptive, and appropiate allocation of water resources while ensuring the long-term preservation of groundwater and freshwater ecosystems. Basin-level strategic plans can be effectively co-developed through the engagement of diverse stakeholders, including the private sector, government organizations, knowledge partners and local communities. Supported by a portfolio of projects within a strategic plan, each actor can serve as a custodian, sharing water stewardship and responsibilities in the basins where they source resources, live, operate and benefit. Critical to the long-term impact of these partnerships is the development of processes to ensure their sustainability once they are well established and reach maturity. Considering how to institutionalize them in a locally relevant manner, including ensuring financial stability, is essential to their success. Special emphasis should be placed on areas traditionally outside the remit of private sector action, including supporting food systems transformation and the conservation and restoration of natural habitats to protect green water.74 Sustained basin-level partnerships Basin-level strategies FIGURE 9 Each actor can serve as a custodian, sharing water stewardship and responsibilities in the basins where they source resources, live, operate and benefit. Pathway 3 Water Futures: Mobilizing Multi-Stakeholder Action for Resilience 23
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