Strategic financial planning is a means to assess financing needs and match them to financing sources in a structured way to fill the gap in funds over a period of time based on different future scenarios. An approach to strategic financial planning for the water supply and sanitation sector called FEASIBLE has been developed by the OECD. It was applied with support from the GWP-hosted EUWI-FWG and the ACP-EU Water Facility in Lesotho during 2008-2010.
A specific training course was organised in Douala, Cameroon, in February 2012 at the request of GWP Central Africa as a follow up to the Central African Workshop on Water Financing in June 2010.
The purpose was to provide initial training in strategic financial planning for the water supply and sanitation sector, using experiences from the project in Lesotho. There were 15 participants from Cameroon, Central African Republic, Republic of Congo and São Tomé and Principe representing government departments (senior officials from the ministries in charge of water and finance/economic planning) and water utilities. The training focused on practical guidance for implementation of strategic financial planning.
The principal lecturer, Johan Holmberg, past chair of EUWI-FWG and past GWP executive secretary, said that participation was lively and participants expressed interest in further assistance in this area. “This is clearly an area where more support from the EUWI and other sources would be justified,” he added.
The training was carried out with the support of EUWI-FWG, GWP Central Africa and CapNet. Strategic financial planning was also included in a CapNet training course in Mombasa, Kenya in November 2011.