Leading Sustainable Water Management in Quito, Ecuador
Quito Water Fund is at the forefront of sustainable water management, addressing growing water demand, ecosystem degradation, and natural risks. By protecting key water sources, transforming governance models, and inspiring communities, the fund secures water sources for 1.5 million people, without new infrastructure needs. Positive impacts include community empowerment, nature conservation, and long-term financial sustainability. Lessons learned offer a roadmap for success in water fund management worldwide.
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Presentation Transcript
QUITO WATER FUND LEADING THE WAY FOR WATER FUNDS Silvia Ben tez , Replenishment Manager, LAR Jaime Camacho, Water Funds Coordinator, Ecuador Galo Medina, Country Representative, Ecuador Andrea Salcedo, Water Funds Assistant, Ecuador 1 February, 2016
Overview Ecuador Northern Andes 16 years First water fund created in 2000 500,000 hectares 6 Private & Public Board members 2,8 million beneficiaries 2
The problem Growing water demand - urban & industrial sector Ecosystems at water sources rapidly degrading Natural risks as volcanic activity Citizens unaware of where water comes from and risks 3
The solution Protect key areas for water provision Transform productive model, governance and decision making Inspire citizens, business and local communities Long-term water provision 4
Positive impact water & sustainability Water 1, 5 million people with water sources secured No need of new infrastructure Sustainability USD$ 11 million endowment 1,5 million annual budget for watershed conservation 5
Positive impact - local comunitties 350 families in local communities. Chumillos community recovered its local water source: Paramo restored Eliminate time spent in bringing water from distant sources Women empowered with productive project 6
Positive impact on nature Critical ecosystems conserved: 39,000 hectares protected 3,500 ha restored. Terrestrial and freshwater integrity improved. Carbon pool protected. Adaptation strategy in face of glacier retreat. With FONAG No water fund Pristine area 7
Lessons for success Long-term finance: municipal ordinance + endowment + annual contributions Governance: public private civil society partnership Data management and science: monitoring FONAG inspiration for water funds across the globe 8
TNCs role andwhy we need to keep involved Creates innovative model changing conservation paradigm in 2000 Success story to tell Space for improvement and innovation 9
The future Close the cycle - monitoring and business case Return on Investment study Share experience across the globe Publications Innovation lab: climate change adaptation, impact investments, risk mitigation, WASH Funding gap: 300 k for next 3 years Critical need of funding to maintain TNC water funds work in Ecuador 10
CONCLUSION 11
