CANBERRA, ACT, Sept. 12 -- Murray-Darling Basin Authority issued the following news release:

The Murray-Darling Basin Authority (MDBA) and the World Bank have launched a new partnership to strengthen knowledge sharing and collaboration on transboundary water management.

The initiative, announced at a virtual event on 10 September, brings together the MDBA's experience in managing Australia's largest river system, with the World Bank bringing global knowledge to innovative financing in shared river basins.

MDBA Chief Executive, Andrew McConville, said the partnership was an opportunity to share insights from Australia's federal approach to water governance and for the World Bank's client countries to observe a functioning example of work in progress.

"Australia understands firsthand the need to adapt to a varying and unpredictable climate and we have a long history of difficult water reform to draw from," said Mr McConville.

"The Murray-Darling Basin spans 4 states and the Australian Capital Territory, across diverse landscapes and extreme climates.

"The lessons we've learned from building institutions, frameworks and partnerships can provide valuable perspectives for other countries managing shared water resources.

"We look forward to learning from the experience of other countries in their basin-scale and transboundary water planning and management of floods and drought, water quality, water use efficiency and pollution control."

World Bank, Planet Vice President, Juergen Voegele, said the partnership will help countries develop sustainable solutions for managing shared waters.

"Managing rivers across borders is one of the defining challenges of our time," Dr Voegele said.

"By working together we can support countries to strengthen governance and build resilience."

This partnership will support river basin organisations and national entities across all aspects of integrated river basin management through technical expertise, practical experience, advisory services and exposure visits.

Disclaimer: Curated by HT Syndication.