3 June 2022; 9:30 - 11:00 AM
Venue: Tonino Lamborghini International Convention Center Sharm El Sheikh (Suez Canal Hall)
Overview:
IsDB Member countries (MCs) show an alarming trend in water stress. Since 1997, water stress in MCs has continued to increase and currently stands at 33%. This level is quite alarming, not only because of the increasing trend, but also because, comparatively, this level is much higher than other world regions.
Climate change adds to the pressures on this challenging context. A shock to water sector induced by climate change will directly affect agriculture and food security in MCs, where agriculture is known for being water intensive.
To worsen the situation, the on-going Russia-Ukraine conflict is driving the food prices up, as these two countries are among the top global exporters of wheat, maize, rapeseed, sunflower seeds and sunflower oil to countries in MENA.
In addition, increase in fuel prices will further exacerbate the increases in agriculture production costs, thus making the sector more vulnerable.
Key issues to be addressed:
Interactive discussions during the session will help address the following issues:
- What financial instruments are available to support MCs in addressing their adaptation and mitigation challenges in the water sector?
- What type of support can development partners provide to assist governments at regional, national and local levels to address climate-related water stresses, and to ensure food security, within a critical geopolitical international context?
- What solutions are available to countries to adapt and mitigate climate change while addressing key SDG related development challenges in the Food-Energy-Water nexus?