Economic and financial instruments on basin planning

Thursday February 27th, 2014 Posted in Uncategorized

KHUJAND (27 February 2014) – the members of working group on basin planning for the Isfara river basin representing
water management, environmental protection, sanitary, epidemiological, economic agencies and representatives of local
administration and water users met for the training on economic and financial instruments in water management sector. The
training was aimed at the working group capacity development in field of economic instruments. The training on basin
planning was conducted in the framework of “Water Management and Basin Organisations in Central Asia (WMBOCA)”
project funded by the European Union and implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit
(GIZ) GmbH, Transboundary Water Management in Central Asia Programme.
The project of Isfara river basin Plan has been developed by the end of February. It is a comprehensive document with a
detailed description of current situation in the basin, priority areas for improvement, measures for achievement of short-term
and long-term objectives aimed at development of selected basin. For successful implementation of the Plan the economic
and financial instruments in basin planning have to be considered. One of the important issues in this sphere are economic
and financial aspects such as current systems of financing, their advantages and disadvantages, possible resources of new
funding and efficient use of financial resources. Thus, training was aimed at supporting the working group for the Isfara
river basin Plan development and implementation for further search and usage of economic and financial instruments.
During training participants learned the theoretical basis of economic regulations in water management. Experts of training
introduced the assessment of current economic instruments that have been used in Tajikistan and the experience of such
instruments introduction in other countries. Based on the presented expert work, participants discussed current system of
financing and gave their own suggestions on possible improvements.
“Water Management and Basin Organisations in Central Asia (WMBOCA)” is funded by the European Union and
implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH acting in partnership with the
Regional Environmental Centre for Central Asia (CAREC). Budget of WMBOCA consists of approximately €2 million
provided by the European Union and approximately €0.5 million provided by the German Federal Foreign office.
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