Financing Climate Change Adaptation in Transboundary Basins Preparing Bankable Projects

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Climate change multiplies the complexities and intensity of water-related development challenges that countries have bee  addressing for decades through national effort and transboundary cooperation. As pressure on water resources increases with climate change, current systems to manage these resources will no longer suf-fice. Populations have to rely more on water infrastruc-ture and water management to meet their needs and  provide  security  against the increasing  occurrence  of extreme and variable hydrological events, such as droughts and  floods. Given  hydrological  interlinkages  that  connect  territories,  transboundary river  and lake  basins offer a logical geographic scope for countries to advance common development goals and address water-related challenges.