18 November at 9:00 Mexico City | 10:00 New York
The first SWA Latin America and Caribbean Finance Ministers’ Meeting (FMM) will be held virtually on 18 November. It builds on previous global Finance Ministers Meetings organized by SWA in 2010, 2012, 2014 and 2017.
The SWA Latin America and the Caribbean FMM will be co-convened by global partners UNICEF and the World Bank Water Global Practice, as well as our regional partner, the Inter-American Development Bank.
The objective of the SWA Latin America and the Caribbean 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 Latin American and Caribbean economy, population and environment during and after COVID-19, and will offer ministers practical avenues for financing the sector.
The 2-hour SWA Latin America and the Caribbean FMM will be livestreamed and simultaneous translated in Spanish, English and French.
The SWA Latin America and the Caribbean FMM is preceded by a 2-month preparatory process thats 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
Elian Villegas Valverde
Minister of Finance, Costa Rica
HEADS OF UNITED NATIONS AGENCIES, INTERNATIONAL FINANCIAL INSTITUTIONS, AND ORGANIZATIONS
Director of Water, Sanitation and Hygiene program, Bill & Melinda Gates Foundation
Tedros Adhanom Ghebreyesus
Secretary General, OECD
Senior Water Advisor, UNDP
Deputy Director of Global Policy and Advocacy, Bill & Melinda Gates Foundation
Deputy Director, ILO
WASH Cluster Coordinator, UNICEF
Acting Executive Secretary, GWP
Director of the Divison of Natural Resources, ECLAC
Mary Lou Valdez
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.
Latin American and the Caribbean Region co-convener
FINANCING WATER, SANITATION AND HYGIENE IN Latin America and the Caribbean
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 Latin American and the Caribbean 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 Latin American and the Caribbean 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 Latin America and the Caribbean that have successfully implemented innovative financing mechanisms.