Towards a water financing and investment roadmap for regional action: EU-Union for the Mediterranean Water Governance & Business Forum
October 22, 2019
The EU-UfM Business and Governance Forum brought together in Cairo over 120 high-level actors involved in the water and financing sectors at national and regional level to discuss EU, Mediterranean and Egyptian water issues including the UfM vision, plan and action towards sustainable development and sustainable water finance, with emphasis on the European Investment Plan (EIP) and the European Fund for Sustainable Development (EFSD). The Forum was identified as a flagship event during the 2nd Cairo Water Week (20-24 of October 2019) and was organised by the Union for the Mediterranean and by the EU Delegation in Egypt.
The Forum highlighted the link between water security and economic growth, making the quest for water security a collective goal that needs to involve as many and diverse actors as possible. In this process, development partners have a crucial role to play and the EU-UfM Water Governance and Business Forum declared its goal to assist with the development of a roadmap for regional action, guiding the financing and investment in the water sector.