Important information regarding the 2020 Finance Ministers' Meeting
Dear partners and friends,
As you know, it was our initial plan to hold a virtual Finance Ministers’ Meeting (FMM) in April. However, the current COVID-19 pandemic keeps evolving much faster than we anticipated, and its effects are extending much further than what we all initially foresaw. For this reason, and after extensive consultations with our partners, SWA took the decision to postpone the FMM to Q4 2020.
We would like to thank you for your efforts in preparing for the Meeting. They will not go in vain, as advocating for financing and sustainability of our sector is more pertinent than ever, especially during this global health emergency. Meanwhile, to help our partners respond to this health crisis in their countries, we have compiled different resources and tools around COVID-19 and WASH in this dedicated webpage.
Please do not hesitate to get in touch with the SWA Secretariat if you need further information.
The objective of the FMM is to highlight practical actions that finance ministers can take to mobilize additional financing through increased cost recovery, better planning, and improved efficiency to deliver universal access to water supply and sanitation. This will be achieved by presenting evidence, practical experience and active dialogue between participants.
Unique in the sector, the FMMs are the culmination of robust ongoing strategic dialogue at country level, involving multiple stakeholders bound together by the belief that good governance and mutual accountability are key to achieve water and sanitation for all, always and everywhere.
This year’s FMM will be the fifth edition of the event, which is complemented by the regular SWA Sector Ministers’ Meetings (SMMs). The last FMM was hosted by the World Bank during their Spring Meetings in April 2017 and the last SMM was hosted by the government of Costa Rica in April 2019, co-convened by UNICEF and the Inter-American Development Bank.
Ultimately, the FMM will ensure that:
Finance ministers come away inspired by the discussions and real-life examples presented during the meeting and persuaded of the opportunities to make a difference in the lives of those currently without access to safely managed water supplies and sanitation.
During the Meeting, ministers will present short compelling experiences and evidence to illustrate key challenges and opportunities for closing the sector financing gap – including improving revenues (tariffs, taxes, transfers, commercial efficiency), reducing costs (capital and operational efficiency) and mobilizing additional financing (climate funds, market finance). The FMM will focus on four topics:
- Planning and Financing Strategy to deliver SDGs
- Improving Sector Performance
- Incentive-based Financing
- Climate finance as new sources of financing
These experiences will be the foundation for exchanges between participants - including finance ministers, sector ministers and representatives of SWA partners from the private sector, civil society, research and learning, development banks, and UN agencies.
The preparatory process
Before the event, SWA partners will be engaged in a 6-month preparatory process focused on joint advocacy and sector analysis on the adequate funding of the water, sanitation and hygiene-related targets of the SDGs. Activities are defined by partners based on each national context and can include briefing meetings between sector and finance ministers, a progress update of commitments tabled under the Mutual Accountability Mechanism, and/or media campaigns.
Throughout the preparatory process, the Secretariat will organize a series of webinars to facilitate mobilization and sharing of experiences among partners.
DocumentsView all Key documents
|Presentation (Africa) - Incentive based financing to end inequalities and accessing climate finance for sanitation and water|
|Presentation (Asia) - Incentive based financing to end inequalities and accessing climate finance for sanitation and water|
|2020 FMM - Webinar 2 Summary|
|2020 FMM - Guidance Note|