In 2015, the Paris Agreement saw countries make a commitment to climate change mitigation and adaptation through their Nationally Determined Contributions (NDCs) and National Adaptation Plans (NAPs). In parallel, the Sustainable Development Goals (SDGs) were adopted to address a broad range of sustainable development issues. These two landmark international agreements offer substantive opportunities to integrate water security and climate resilience into transformative growth and development globally, regionally, and nationally.

Across Asia and the Caucasus, countries are taking action to implement their NDCs, NAPs and to deliver on their SDGs; achieving targets however will require transformative action at national and regional levels that goes beyond business as usual. This includes accelerating the pace of investments in water resources information systems, infrastructure, and supporting institutions – for countries to continue harnessing the potential of water as a platform for growth amidst a changing and more uncertain climate, mitigate water related disaster risks, and ensure sustainability of the natural resource base. Accelerating the pace of water investment implementation requires high quality project proposals, appropriate structuring of project finance, and accessing the diverse set of available financing sources.  Countries across Asia and the Caucasus have requested GWP to help strengthen their capacity on these fronts, and to facilitate partnerships across key stakeholders within countries, in the region, and with global entities, in order to advance implementation of climate resilience investments on the ground, foster exchange of lessons learned, and promote best practices across the region. The proposed Pan-Asian Project Preparation Workshop responds to this common continental need and expressed demand.