The sustainable and cooperative management and development of transboundary water resources is crucial for access to water, economic growth, sustainable development as well as regional stability and peace. The different elements and stages of sustainable and cooperative management, and the development of transboundary water resources, require funding. These elements must be considered when discussing the different prerequisites and requirements for successful transboundary water cooperation and basin development. A lack of financial resources, inadequate funding and/or an absence of financial mechanisms can impede this from occurring even if all riparian states are committed to cooperation and development.

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