International Decade for Action "Water for Life" 2005-2015rss RSS SubscribeEnglish Español

Shared Water Challenges and Interests: The Case for Private Sector Engagement in Water Policy and Management

Shared Water Challenges and Interests: The Case for Private Sector Engagement in Water Policy and Management
  • United Nations Global Compact. June 2014
  • The focus of this discussion paper are those companies that engage externally to address water risks through a variety of means (often as a collective action with NGOs, government agencies, other businesses, etc). This paper acknowledges the real threat of corporate policy capture and "greenwashing," as well as the inherent asymmetries in conceptions and realities of water risk. However, the paper argues that current conditions actually offer a much greater incentive for companies to align their water-related policies and practices with the public interest than in the past. A great opportunity exists for companies, governments, civil society groups, communities, and others to collaborate to achieve shared water-related objectives. It explores these issues under the central headings: The business case for investing in sustainable water management; Using business resources while ensuring public interest outcomes and preventing policy capture; Moving forward unlocking corporate action on water that serves the public interest
  • Geographical coverage: Global
  • Main themes: Capacity building, Conflicts, Development cooperation, Participation, Risk management, Sustainable development, Water cooperation, Water governance, Water management, Water policy, Watersheds
  • Main target audience: Business leaders, Non-governmental organizations (NGOs), Private sector, Stakeholders
  • Main purpose: Advocacy, Capacity-building, Reporting on project findings/outputs, Stimulate debate
  • Type of resource: Discussion paper
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Published in 2015