Why We`re All Here:

Why We’re All Here:
The effort to align water fund prioritization in Latin
America
Heather Tallis
Latin American
Water Funds
Platform
Xixaola,
Panama
FONAPA,
Ecuador
Water Fund Investment Prioritization
Where should new
funds be
developed?
Howshould
shouldfund
$10 M
How
be
bespent?
spent?
What activities?
Where?
Idea, concepto
Análisis de
servicios
ecosistémicos
Definición de área
de influencia del
Fondo de Agua
Análisis de actores
involucrados en un
Fondo de Agua
Estudios de
factibilidad
Creación de un
grupo de trabajo
promotor
Elaboración de
estudios técnicos
Análisis jurídico e
institucional
Resultados
esperados
Diseño del Fondo,
negociación y
constitución
Diseño de
Estructura del
Fondo de Agua
Negociación de
contrato entre
socios
Elaboración de
mecanismo de toma
de decisiones
Definición de
comisiones de
administración y
remuneraciones
Firma del contrato
entre socios
Conformación del
equipo y
elaboración del
plan estratégico
Nombramiento y
celebración del
primer Comité
Directivo
Nombramiento del
Secretario Técnico
Nombramiento del
Comité Técnico
Diseño del plan
estratégico del
Fondo
Diseño de
estrategia de
levantamiento de
fondos
Inicio de
actividades y
operación del
Fondo de Agua
Ejecución de plan
estratégico
Implementación
estrategia de
levantamiento de
recursos
Difusión de
resultados
Evaluación,
monitoreo y
manejo adaptativo
Diseño y ejecución
de un plan de
monitoreo
Aligning Water Fund Investment Prioritization in
Latin America
Water Fund Technical Secretaries
Government Agency Representatives
NGO representatives
Platform representatives
Academics
Objectives:
Share experience from existing water funds
Agree on key steps for water fund investment prioritization
Core Components of Investment Prioritization
Choose Objectives
Diagnostic Screen
Select Priority Areas
Choose Activities
Allocate Budget
Estimate Returns
Design Monitoring
ROI
Law
Experience
Literature
Experimental
Attribute
Ranking
Models
Negotiate
Experts
Aligning Water Fund Investment Prioritization in
Latin America
Decision: Develop a tool and guidance that allows standardization
AND flexibility for each step
Water Fund Investment Prioritization Working Group
Core Team
Advisory Group
Core Components of Investment Prioritization
SMART objectives,
quantitative, beneficiaryspecific
Choose Objectives
Diagnostic Screen
Select Priority Areas
Choose Activities
Allocate Budget
Estimate Returns
Design Monitoring
ROI
Law
Experience
Literature
Experimental
Attribute
Ranking
Models
Negotiate
Experts
The Birth of the WATER Tool
1
1
Investment Portfolio
2
Estimated Return on Investment
3
Estimated Value of Science
(Objectives, Activities, Budget, Diagnostic
Screen, Priority Areas)
(Estimate Returns)
(Business case for approach)
2
3
Core Team
Advisory Group
Timeline
Review &
Feedback
Development
WATER tool
Feb
Mar
Feedback
&
Synthesis
Apr
Workshop 1:
Investment
Portfolios
Development
May
Review &
Feedback
Specialized
Engagement
June
Feedback
&
Synthesis
July
Workshop 2:
More
objectives,
Estimates
returns
Aug
Specialized
Engagement
Development
Sept
Feed
&
Synth
Oct
Workshop 3:
Value of
science
The WATER Tool Today
1
1
Investment Portfolio
2
Estimated Return on Investment
3
Estimated Value of Science
(Objectives, Activities, Budget, Diagnostic
Screen, Priority Areas)
(Estimate Returns)
(Business case for approach)
2
3
Latin American
Water Funds
Platform &
Beyond
Xixaola,
Panama
FONAPA,
Ecuador