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Financing integrated water resources management

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Recently, a clear need was identified to look at ways of generating new revenues which can assure an adequate budget for the Department of Water Resources to undertake IWRM, and thereby secure water supplies for the country. Neither existing budget allocations to DWR, nor the revenues that are currently generated from water tariffs, are sufficient for this.

The Water and Water Resources Law of 1996 mentions “funds for watershed and water resource protection”, based on contributions made by the developers of water resources. A Presidential Decree on Natural Resource Charges is currently under development, with the opportunity to include financing mechanisms for IWRM. Water resource protection fees can provide an important, and much-needed, source of funding for undertake IWRM, especially the implementation of River Basin Plans.

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Watershed Connect – A Web Portal about Payments for Watershed Services

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Watershed Connect is an online platform that connects practitioners, decision-makers, and stakeholders interested in investing in our natural water infrastructure. Watershed Connect is the place to read the latest news and analyses, access key resources and tools, and research ongoing efforts on payments for watershed services (PWS) and water quality trading. Watershed Connect will bring together all of the news, analyses, resources, tools, project data, and social networking that have to do with valuing watershed services in order to facilitate effective and efficient investments in our natural water infrastructure. It  aims to convene a virtual global community of practice. The site will also link to a LinkedIn group, which will facilitate discussions among community members.

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