Integrate Water Management, Help Countries on Hydropower, says Review of World Bank Group Water Strategy
With the global population expected to reach nine billion by 2050, economic development spurring demand for more and better food, and increased hydrological variability caused by climate change, a review of the World Bank Group’s water strategy calls for better information and a more integrated approach to water management.
The Mid-Cycle Implementation Progress Report for the Water Resources Strategy—entitled Sustaining Water for All in a Changing Climate—reaffirms the soundness of the Bank Group’s 2003 water strategy and project implementation track record. It notes highly satisfactory outcome ratings for Bank water projects, and an appropriate emphasis on high-priority countries, that is, countries whose people face obstacles to their access to water.
The report, launched today at Bank Group headquarters, echoes findings of the Independent Evaluation Group (IEG) March 2010 study of the Bank’s water portfolio. Both reviews found that, as lending in the water sector has increased, project performance has improved, with satisfactory ratings consistently higher than the Bank-wide average of 75 percent.