October 13, 2024

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Minister welcomes initiative to support investment in water sector

Minister welcomes initiative to support investment in water sector

Water and Sanitation Minister Pemmy Majodina has welcomed an initiative by Just Water Partnerships (JWPs), which supports investments in water resilience and sustainability in low- and middle-income countries.

While participating in a panel discussion at the United Nations General Assembly in New York, United States of America, the Minister said there is a need for partnerships in the water sector to ensure that people have access to clean and fresh water.

“As the government of South Africa, we support a growing cohort of partners who are interested in developing the concept of Just Water Partnerships.

“We also believe that carefully and collaboratively structured JPWs can protect existing water resources and will leave no one behind regarding the provision of water and sanitation services, and ensure that water supplies are managed sustainably,” Majodina said on Wednesday.

The JWPs concept was formulated following a report by the Global Commission for the Economics of Water (GCEW), which highlighted that traditional economics have failed the water sector, and that a new approach to the economics and governance of water should be taken to achieve a more sustainable, just and prosperous future for all.

JWPs are thus conceived as platforms that facilitate financial and governance actors (multilateral development banks, regional development banks, development finance institutions, national governments, city and local authorities, and public development banks) to support investments on their own balance sheets, as well as to catalyse greater private finance. 

The Minister said the JPW concept mirrors the Department of Water and Sanitation’s commitment to build public-private partnerships to make clean water, decent toilets and good hygiene normal for everyone in the country.

This is in line with achieving Sustainable Development Goals 6.1 and 6.2, which aim to achieve universal and equitable access to safe and affordable drinking water for all and ensuring access to adequate and equitable sanitation and hygiene for all, and end open defecation.

“Therefore, this confirms a need for such a platform to not only ensure that investments are used efficiently and transparently, but also in a way that prioritises women, girls and others facing marginalisation globally,” Majodina said. –SAnews.gov.za
 

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