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development of specific financial mechanisms to benefit the African continent. This event will result in a Blue Book, and together with the African ministers’ call, it will be presented at a high-level event at COP22 in Marrakesh, in the context of a ‘Water Day’, chaired by the French and Moroccan Governments. We believe that such regional cooperative efforts should be recognized and replicated and that it would be valuable to continue the engagement of COP Presidencies in the future to continue interim cooperation specifically on water and climate. Moreover, the World Water Council has specifically studied how the water sector can provide valuable solutions for challenges posed by climate change and variability through robust water infrastructure and adaptive water management. The World Water Council, in cooperation with the Mexican Government, recently launched a book entitled Increasing Resilience to Climate Variability and Change: The Roles of Infrastructure and Governance in the Context of Adaptation. Eleven case studies document successful adaptation efforts in projects, basins and regions from around the world. The case studies argue that reservoirs are essential for building resilience to the impacts of climate variability and change. However, to be effective, they need to be planned and managed within a governance framework that considers long-term perspectives and multi-sector and multi-level actor needs and perspectives. For example, Pakistan’s historic flood in 2010 killed 1,600 people, caused damage totaling over US$10 billion, and inundated an area of approximately 38,600 km². Building Pakistan’s resilience to future flood events will require investment in an integrated water resources management and infrastructure strategy. Resilience to flood disasters will require infrastructure that is properly maintained with coordinated management, an ability to forecast crises and coordinate actions and a pragmatic approach to future uncertainties, such as climate change. Finally, improved governance will be required to implement fundamental change and aid recovery after disasters.Another example from the Koshi basin in Nepal showed that investment is needed not only in traditional water infrastructure, but also in institutions and human capital, such as better water management, operation of existing assets or use of green or multi-purpose infrastructure. In addition, new sources of finance need to be harnessed, such as the private sector, the Green Climate Fund, long-term investors or philanthropies. This, therefore, raises the question of financing multi-purpose infrastructure to help the most vulnerable. Following the World Water Council’s long tradition of addressing water financing challenges, in 2015 it published Water: Fit to Finance? Catalyzing National Growth through Investment in Water Security. This document reports that the quest for greater water security is occurring in the face of increasing hydrologic uncertainty, rivalry between user groups, and the need to provide public goods such as drought prevention, flood control and environmental protection. Historically these different perspectives might have resulted in infrastructure designed with “ TWO-THIRDS OF THE WORLD’S POPULATION COULD FACE WATER STRESS IN 2025”