2 December 2020 at 2:00 New York | 14:00 Bangkok
The first SWA Asia and the Pacific Finance Ministers’ Meeting (FMM) will be held virtually on 2 December. It builds on previous global Finance Ministers Meetings organized by SWA in 2010, 2012, 2014 and 2017.
The objective of the SWA Asia and the Pacific FMM is to develop and strengthen partnerships with finance ministers in the region for smart investments in water, sanitation and hygiene. The meetings will underscore the crucial role of water, sanitation and hygiene to the Asian economy, population and environment during and after COVID-19, and will offer ministers practical avenues for financing the sector.
The 2-hour SWA Asia and the Pacific FMM will be live-streamed and simultaneous translated in English, French and Spanish. Details on how to join will be shared closer to the event’s date.
The SWA Asia and the Pacific FMM is preceded by a 2-month preparatory process that will rely on multi-stakeholder dialogue at country level to ensure that finance and sector ministers are briefed and ready to actively participate in the FMM.
FINANCE AND SECTOR MINISTERS
Abdul Hadi Arghandiwal
Acting Minister of Finance, Afghanistan
Minister of Finance, Maldives
Minister of Works and Human Settlement, Bhutan
Heads of United Nations agencies, International Financial Institutions, and organizations
Tedros Adhanom Ghebreyesus
WASH Cluster Coordinator, UNICEF
Director of Water, Sanitation and Hygiene Program, Bill & Melinda Gates Foundation
Deputy Director of Global Policy and Advocacy, Bill & Melinda Gates Foundation
Banka BioLoo Limited
The Finance Ministers' Meeting preparatory process
Engage in a dedicated preparatory process to strengthen and catalyze in-country dialogues and actions, and prepare Ministers of Finance for their participation at the FMM.
Asian Region co-convener
FINANCING WATER, SANITATION AND HYGIENE IN ASIA
Closing the financing gap can be achieved through a combination of measures, including maximizing the use of existing resources and mobilizing additional finance from taxes, tariffs and transfers. Although Asian countries are at different stages of socio-economic development and will have different political and governance arrangements that will be more or less conducive to different forms of financing, they all have something in common: the need to increase the prioritization of water, sanitation and hygiene in national plans and budgets, especially during a time of public health concerns.
Several Asian countries are implementing innovative policies that are already proving the positive impact of water, sanitation and hygiene investment. These case-studies are included in SWA’s Water & Sanitation: How to Make Public Investment Work - A Handbook for Finance Ministers.
Water and Sanitation - How to make public investment work
A Handbook for Finance Ministers
The FMM will also draw on practical financing approaches from the Finance Handbook. Watch videos below from countries in Asia that have successfully implemented innovative financing mechanisms.