Water Resource Authority Strategizes for Resource Mobilization

The Water Resource Authority today launched its five-year Strategic Plan for 2023-2027, which aims to transform Kenya’s water resource management sector. The ambitious strategy requires an estimated budget of more than 30 billion.

Climate change has stretched water resources in the nation, with a requirement of close to 806 cubic meters of water per capita which the resources critically fall short of. Despite torrential rains earlier this year which caused floods, leading to the death of close to 210 people and loss of property, conservation and management of this resource has fallen short, weakening climate resilience and adaptation efforts.

Now, what strategies does the water resource authority have in place to mobilize financial resources to realize this budget and enhance service delivery?

Joint venture Agreements

This strategy offers the water resource authority an opportunity to explore public-partnership.  The development of water infrastructure and climate change mitigation has been identified by the authority as a potential area for cooperation. Partnership and collaboration initiatives with global, national, and devolved governments will be a critical opportunity.

Improving The Robustness of The Authority Commercial Unit

To supplement grants and government funding, the authority will build the capacity of the commercial unit aggressively and niche strategies in undertaking commercial activities to supplement government grant funding. These activities include the issuance of water abstraction permits and data sales among others.

Additionally, the authority will lobby for additional funding from the national government in the form of grants. Aggressive lobbying for these funds in the form of grants will enable equipment and infrastructural support for its development projects like dams.

Development partners.

Conversations on climate change and its adverse effects are not easy to miss in corporate corridors. Consequently, heavy investment in climate finance is poured into mitigation and adaptation measures to strengthen resilience. Therefore, the authority will seek to get development partners through the preparation of proposals on strategic investment opportunities to enable additional funding.

Improved Visibility and Marketing

To increase the number of service sales to the public, the authority will aggressively market and improve the visibility of available commercial services. An increase in service sales will ultimately improve the financial resources of the authority.

To safeguard our future, securing water resources is the way to go. As a result, the launch of the Strategic Plan 2023-2027 signals the authority’s resolve to secure the nation’s future by regulating the management and use of water resources effectively and efficiently. And for this to be realized, financial resource is a key element. Employment of the aforementioned strategies, and more through effective execution is the way to make this dream a reality.

Leave a reply

x  Powerful Protection for WordPress, from Shield Security
This Site Is Protected By
Shield Security