(i) Financing Integrated Water Management in the Region. Resources Development and Financial Sustainability (i) Member States shall ensure adequate financial resources for national as well as regional projects for water resources development and management. (ii) For water resources development and management at national and regional level to be financially sustainable, Member States as well as SWCIs shall strive to recover all costs for managing the resources considering the special requirements of the poor and the vulnerable in society. Cost Reduction Member States shall institute planning and operational systems to facilitate cost reduction in the management of water resources. Public-Private Partnerships (i) The SADC Secretariat, SWCIs and Member States should actively develop partnerships with funding agencies, non-governmental organisations and private sector bodies to support the development and management of water resources in the region. (ii) Partnerships between SWCIs or governments and private sector should be considered where these could contribute to efficient management of resources and delivery of services, as well as higher inflow of investment capital to the sector. (iii) SADC shall continue to actively engage donor agencies to finance water development and management in the region. Implementation of Regional Water Policy 10. The Regional Water Policy will be implemented through a Regional Water Strategy. An important vehicle for implementing the policy is the existence of well functioning River Basin Organisations established particularly on shared watercourses, operating under sound legislation, and systems for planning and stakeholder involvement, and embracing the IWRM principles. 11. In order for the Regional Water Policy to be implemented at national level, Member States would need to harmonise their policies with this Regional Water Policy. 12. It is also fundamentally important that there should be closer coordination of the Regional Water Policy with other sectoral policies in the SADC, especially the major water use sectors including, trade, agriculture, energy and environment. Inter-sectoral coordination at SADC level would be an important building block for integrated water resources development and management which is the basis for sustainable development. - xvii -

Select target paragraph3