The Global Framework on Water Scarcity in Agriculture (WASAG) is a partnership established in April 2017 and hosted by FAO, regrouping more than 70 organisations that aim to generate cooperative action to address the challenges associated with increasing water scarcity. Its purpose is to deliver and support a work programme on water resources management and its role in drought preparedness, food security and nutrition, migrations and social stability, that are an increasing concern to societies in many regions of the world.
WASAG established six working groups, which are led by its partners. This paper emanates from the working group on financing mechanisms, which aims to identify innovative financial mechanisms for interventions dealing with water scarcity in agriculture in the context of climate change. The working group supports new approaches to finance water for agriculture, that will inform the work undertaken by other WASAG working groups and Partners to ensure an aligned approach across WASAG projects and activities.