Key Messages
Effective policy and legal frameworks are necessary to develop, carry out and enforce the rules and regulations that govern water use and protect the resource.
Water policy operates within a context of local, national, regional and global policy and legal frameworks that must all support sound water management goals.
Legitimate, transparent and participatory processes can effectively mobilize input for designing and implementing water resources policy and create a strong deterrent to corruption.
Although water is often described as a ‘gift of nature’, harnessing and managing it for the wide variety of human and ecological needs entail financial costs.
While there may appear to be many financing options for water resources development, governments still have only three basic means of financing them: tariffs, taxes and transfers through external aid and philanthropy.
Policy-makers need to make political decisions on socially and environmentally acceptable trade-offs among different objectives and on who bears the costs of such compromise.
Source:WWDR3
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