53
I
ssue
4 -F
ind
theright
incentives
Achieving comprehensive consideration of different policy objectives
and sectors within a single decisionmaking process, and accounting for
multiple benefits, is clearly challenging.However it is worth persevering
with to widen the scope of opportunities that can make a difference
(even if small), as long as the right incentives are provided tomake the
change happen.
Incentives for economic operators, local authorities and stakeholders
involved in the implementationof NWRM can take the formof:
ņ
ņ
Information and communication
about the benefits of NWRM and on
available funding opportunities.
ņ
ņ
Training
in the assessment of multiple benefits.
ņ
ņ
The establishment of specific
governancemechanisms
that enhance policy coordination and shared decisions
-making.
ņ
ņ
Supporting the NWRM
community of practice
in sharing experiences
among very diverse sectors and regions.
ņ
ņ
The establishment of
voluntary agreements
between those implementing
NWRM and those benefiting from their implementation.
Incentives can also take the form of financial support. As NWRM can deliver
multiplebenefits, therebycontributing todifferent policyobjectives, therecouldbe
manydifferentfinancing instrumentsavailable for funding them,be it compensation
payments for the delivery of specific services, or funding from private and public
sources that support a change in practice.
Financingengineeringbecomes a centralmanagement task that
can make the difference in the successful implementation of
NWRM. Its objective is to establish an integrated combination
or bundle of local, national and European funding sources
targeting different sectors, different benefits of NWRM and
their potential contribution to different policy objectives.
If successful in establishing the relationship between those
benefiting from the services delivered,compensationpayments
will indirectly reduce pressure on public (e.g. national, local
authorities,municipalities) budgets.
Youwill find further
informationonfinancing
and sourcesof funding inSD
n°11:HowcanNWRMbe
financed?
Bundlingfinancing sources
for thedeliveryofdifferent
benefitswill facilitate the
implementationofNWRM.
But thismightnotbe ‘free
money’: it is likely thatyou
willneed tomonitor the
servicesandbenefits (see
next section) toensure they
areeffectivelydelivered, as
thisevidencemayprovide
thebasisoffinancial
payments.
Ensureknowledge
is truly
‘multidimensional’
Make the
functioningand
the scaleof the
hydrological cycle
explicit inyour
measure selection
process
Widen the scope
ofMonitoringand
Evaluation
Find the right
incentives
Mobilisestakeholders
whorepresent the
expectedmultiple
bene ts inyour
planningprocesses
