COP 27- Water Pavilion- Asia Development Bank Announces $200 Million Goal for Water Resilience Program

The Asian Development Bank (ADB) today joined with partners at the COP27-Water Pavilion to announce the ambition to mobilize more than $200 million from 2021 to 2025 to build water and sanitation resilience and security in Asia and the Pacific.

The Asia and the Pacific Water Resilience Initiative, also known as RUWR: ARe yoU Water Resilient?, is a wide-ranging program aiming to build capacity and resources for innovative solutions to mainstream resilience by addressing gaps, needs, and opportunities at the local level.

It is part of ADB’s commitment to scale up financing for climate change adaptation.

Building on the mobilization of more than $80 million in 2021–2022, ADB today welcomed new support to take effect in 2023. The Government of the Netherlands is supporting the initiative with a $20 million contribution to the newly established Water Resilience Trust Fund, which falls under the banner of RUWR and will focus on adaptation, innovation, and inclusivity to accelerate water resilience. The Bill & Melinda Gates Foundation is providing $10 million to the Sanitation Financing Partnership Trust Fund under the initiative, which will help expand inclusive urban sanitation services; pilot and upscale sanitation technology and innovations; and support policies and capacities to deliver inclusive, resilient, and sustainable sanitation systems.  

Click on RUWR: ARe yoU Water Resilient?- for more information on the Initiative.

You may also visit the COP27-Pavilion-Thematic Day 1 on TD1: Financing Climate Resilience through Investments in Water