The World Water Conference that was convened by the United Nations recently was the first UN conference on freshwater in almost 50 years.
About the Conference:
Reason for the Conference- It was held in the context of serious environmental issues flooding, drought, the severity of climate change and a looming food crisis.
Mid-term Review- The conference also marked a mid-term review of the Water Action Decade.
Non- Binding-Nearly 164 governments and 75 multilateral organizations have made commitments. While the commitments embodied in the Water Action Agenda are voluntary and, therefore, legally non-binding
Water Action Agenda-The central outcome of the conference was the international Water Action Agenda, to which governments, multilateral institutions, businesses, and nongovernmental organizations submitted over 670 commitments to address water security issues.
SDG 6 Goals- To advance the water agenda by energizing existing programmes and projects, and inspiring water action to achieve the 2030 Agenda, in particular Sustainable Development Goal 6 (SDG 6), which envisages the sustainable management of water and sanitation for all.
Expenditure-Meeting this target by 2030 (as envisioned by the SDG) will incur capital expenditures of $114 billion per year.