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South African President Ramaphosa welcomes Modi, other leaders to Global Outlook Council on Water Investments | Current Affairs | Vision IAS

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South African President Ramaphosa welcomes Modi, other leaders to Global Outlook Council on Water Investments

1 min read

Global Water Investment Platform Initiative

South African President has announced a new global water platform, emphasising the importance of water investment in climate and finance discussions.

Key Highlights

  • Global Outlook Council on Water Investments: A G20 initiative to ensure safe water for all, including the Prime Minister of India and other global leaders as Council Members.
  • The initiative aims to scale up the Africa Water Investment Programme into a Global Water Investment Platform.
  • South Africa is hosting the Africa Water Investment Summit as part of its G20 presidency in 2025.

Goals of the Platform

  • Position water as a central topic in global political and financial discussions, from G20 and COP30 to the UN 2026 Water Conference.
  • Track progress, unlock finance, report annually, and align efforts across various global entities.
  • Commit to scaling up investments, improving governance, and increasing accountability in the water sector.

Summit Declaration

  • Endorsement of a declaration to prioritise water as a human right, not a weapon against vulnerable groups.
  • Call to build partnerships and a permanent global mechanism to sustain water investment momentum.
  • Tags :
  • Global Water Investment Platform
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