The US said that it would announce at the 2023 UN Water Conference an investment of USD 49 billion to bolster the Global Water Security.

A statement by NSC Spokesperson Adrienne Watson on the Administration’s Actions to Invest in Water Security revealed that global water security was intrinsic to the US own national security objectives and foreign policy investments.

“At the UN Water Conference meeting in New York this week, the United States will unveil a series of commitments of up to USD 49 billion toward the Water Action Agenda that reflect President Biden’s once-in-a-generation investment in equitable access as well as climate-resilient water and sanitation infrastructure at home and around the world. We will leverage learning from domestic investments and programs to improve and expand the success of our work abroad.” She added, “The US government will also deploy all of its available tools and resources to implement the Global Water Strategy.” “We will leverage the President’s Emergency Plan of Adaptation and Resilience (PREPARE) to bring together the diplomatic, development and technical expertise of the United States to accelerate financing for adaptation measures, with the goal of helping more than half a billion people in developing countries adapt and manage the impacts of climate change by 2030.” In alignment with the Administration’s Partnership for Global Infrastructure and Investment, the US government will collaborate with G7+ partners to unlock public and private capital for quality infrastructure that is climate resilient in low- and middle-income countries to strengthen the resilience of communities, and support inclusive, sustainable development.

Watson noted that alongside partners and allies, “we will seek to leverage our investments, mobilize our expertise, and continue to commit ourselves to achieve water security for all.”

Source: Kuwait News Agency