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No. 21 (396) March 2023



SPECIAL EVENT “THE ECONOMICS OF WATER: TRANSFORMING GOVERNANCE TO SECURE A SUSTAINABLE, JUST AND PROSPEROUS FUTURE”

Objective of this special event held on 23 March was to highlight the need for the global water cycle to be managed as a global common good and illustrate the shifts in economic thinking and governance and repurposed tools of collaboration that will open up major opportunities for innovation and investment in more efficient, just and inclusive, and sustainable use of water, from the local to the global. Major groups, including scientific and technological community, local authorities, children and youth, private sector and industry were represented throughout the event.



The special event took place in the form of an open dialogue, chaired by the Global Commission on the Economics of Water (GCEW). Csaba Korosi, President of the UN General Assembly and Amina J. Mohammed, Deputy Secretary-General of the UN opened the session and provided key remarks. Representatives of major groups presented their views on the issues addressed by the GCEW.

Deputy Director of SIC ICWC, Sh. Muminov took part in the session.



Finally, it was decided to initiate a series of Societal Dialogues to inform the work of the GCEW and to socialise the conceptual frameworks and solutions globally. Some of the themes that will be addressed in the Societal Dialogues include: science, food systems, trade, finance, labour and regional efforts (LAC and Africa).