Page 102 - CIWA AR25

Annexes

Risk Description Mitigation Applied Notable Status Updates

6. CIWA financing available is insufficient CIWA strives to continue fundraising and CIWA’s strategic direction entails scaling
to meet demand. Insufficient financing engage with new international partners, but up support to key issues including FCV
can cause risks that raise expectations of demand from current and potential clients hotspots, biodiversity, climate resilience,
potential recipient partners. Participating and partners will continue to exceed current and GESI, and the current funding level is not
donors may be slow to commit resources funding expectations given the breadth and adequate to support all program ambitions.
relative to the demand for engagement by depth of need across SSA. CIWA conducts While CIWA’s fundraising has advanced in
recipient basin organizations. regular and careful management of the pipeline an overall challenging fundraising context,
to match demand to available resources and it still does not meet the demands for its
set reasonable expectations with its partners. services. As more activities take place in
FCV contexts, many more resources are
CIWA reviews its financial position regularly needed to sustain high-quality program
and will adjust program activities accordingly implementation and supervision.
to maximize the impact of resources that are
available.

7. Fraud or funds not being used appropriately. CIWA projects help clients implement the World This year there were no known issues.
Bank’s Anti-Corruption Guidelines.

8. CIWA support for investments in CIWA is demand-driven and responds to Countries will always find it easier to deliver on
institutions, information systems, and/ the requests of potential clients. Cognizant unilateral, rather than regional, investments.
or infrastructure may not be sustained of the long timelines, high transaction costs, However, the understanding that sustainable
or advanced by riparians. CIWA operates and nonlinearity of cooperative processes, infrastructure solutions are often regional
upstream of actual investment and has limited CIWA carefully assesses the sustainability in nature is growing, and CIWA continues to
control over country uptake of investment of potential support through in-depth provide the evidence base that promotes this
plans or sustained support for institutions. consultations with client organizations and understanding.
This risk becomes even more relevant as national governments and its own political
financiers with more flexible preparation economy analysis. Sustainability measures As with all World Bank multilateral development
standards play an increasingly prominent role are included in program design. For example, projects, there is a risk of preparing projects at
in financing infrastructure in Africa. This risk capacity building for resource mobilization a high standard for equitable and sustainable
builds off other risks (for example, insufficient accompanies project preparatory activities, development, but the investment being
political will or inadequate country buy-in), and processes for harmonization into implemented with a different donor may
but it is important to consider because it national structures are outlined as part have different implementation standards. In
feeds directly into the objectives, indicators, of formulating and endorsing regional technical capacity, there are competing tools
and targets by which the program will institutions. Acknowledging that riparian for modeling the basin, and some national
evaluate its success. commitments to cooperation can change counterparts cannot match the RBOs’
over time and are driven by perceptions of technical capacity; therefore, sophisticated
risks versus opportunities for cooperation, tools have less uptake.
CIWA strongly emphasizes maintaining and
strengthening the perception of opportunity
(which demands its engagement) through
knowledge and information sharing, analytical
evidence, and continued dialogue. However,
recognizing that riparian commitment to
cooperative development can accelerate
or lapse around specific issues, CIWA
maintains the ability to provide both long-
term systematic and short-term catalytic
support and the flexibility to deliver support
across the 3Is, allowing it to fine-tune delivery
of support during program implementation.
While some of these issues that challenge the
sustainability of CIWA’s outcomes are within
the program’s scope to address, the core
issue of whether there is sufficient Member
State commitment to their RBOs and their own
capacity-building will remain. It is also important
to find ways to maintain commitments despite
the redirection of resources to pressing issues.

102